Cambria, CA 93428,7432 Exotic Garden DR

$4,300,000

Est. payment /mo

$3,995,000

7.6%
Est.Price: ?

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7432 Exotic Garden DR Cambria, CA 93428

6 Beds

7 Baths

8,495 SqFt

SOLD DATE : 12/21/2018

Key Details

Sold Price $4,300,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 8,495 sqft

Price per Sqft $506

Subdivision Moonstone Beach(450)

MLS Listing ID SC18262860

Sold Date 12/21/18

Bedrooms 6

Full Baths 7

HOA Y/N No

Year Built 2015

Lot Size 3.040 Acres

Acres 3.04

Property Description

Once in a lifetime opportunity to purchase a commercial property of such magnitude. Virtually oceanfront on 3 acres, completely renovated with over 12 million spent in improvements. This property consists of four free standing structures. The restaurant, (doing business as Centrally Grown) with two kitchens, one on each floor- currently used a restaurant above- downstairs ideal for a grocery store or gift shop or could be additional space for dining. The commercial kitchens were professionally designed with no expense spared. There is an elevator for handicap access and an enormous deck for entertaining or enjoying the scenery overlooking the ocean and beautiful grounds. The residence is utilized as a bed and breakfast/ vacation rental. It is nicely appointed with 3 bedrooms, 3 baths and a two car attached garage. There is also a free standing retail shop and a two car garage plus storage. One of the few properties zoned commercial recreational creating ample opportunity for additional improvements and uses. This iconic location hosts weddings, special events and concerts. The parking lot has 20 parking spaces with three additional handicap spaces. Over 18 E.D.U's of commercial water. Listed below recent appraised price.

Location

State CA

County San Luis Obispo

Area Camb - Cambria

Zoning REC

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Cooling None

Fireplaces Type Guest Accommodations

Fireplace Yes

Appliance 6 Burner Stove

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Rural

View Y/N Yes

View Mountain(s), Water

Porch Glass Enclosed, Porch

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story Two

Entry Level Two

Sewer Septic Tank

Water Public

Level or Stories Two

New Construction No

Schools

School District Coast Unified

Others

Senior Community No

Tax ID 013381002

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Financing Cash

Special Listing Condition Bankruptcy Property

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Kellie Williams • Coldwell Banker Kellie & Assoc
Bought with Paul Shannon • Pacifica Commercial Realty

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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