Courtesy of: Scott Haigwood, Keller Williams Realty Central Coast, Scott@HaigwoodHomes.com
$525,000
![]() |
1 bed
|
![]() |
1.00 Bath (1 Full)
|
![]() |
Lot: 621.00 Square Feet
|
![]() |
Condominium
|
$525,000
1020 Cypress Street 262 Welcome to your own coastal getaway, just steps from the iconic Pismo Beach Pier and downtown’s bustling shops and restaurants. This beautifully furnished condo offers more than just a vacation home—it's a chance to own part of a fully managed motel. Enjoy personal use of your unit whenever you like (some usage restrictions and fees apply), and the motel rents it out when you're not there. Motel management handles everything from guest bookings to maintenance. As an owner, you'll benefit from the potential for quarterly profit distributions. This hands-off investment lets you savor beachfront vacationing while generating income. Quarterly owners' meetings provide insight into your investment, ensuring peace of mind. Located on the second floor, this unit offers partial ocean views and a peek-a-boo view of the pier. The flexible 1-bedroom, 1-bathroom floor plan features a murphy bed in the living room, a full kitchen, living room, dining area, and an "owner's closet" for secure storage of personal belongings. *Please note: This unit is being sold privately by the owners of Unit 262 at the Sea Gypsy Motel. Please do not contact staff or guests of the Sea Gypsy Motel.
Courtesy of: Scott Haigwood, Keller Williams Realty Central Coast, Scott@HaigwoodHomes.com
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.