LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITY

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± 398.54 Contiguous Acres of Land with Dramatic Ocean Views, Rolling Hillsides of Open Ranchland & Stunning Scenic Mountain Range. Coast of Cayucos, California SAN LUIS OBISPO COUNTY

TABLE OF CONTENTS The Site Property Location & Transportation Offering 2 Overview 4 Access 5 Setting 8 & Accessibility 13 FOR MORE INFORMATION, PLEASE CONTACT: JEFF BISCHOFBERGER Senior Vice President/Principal BRE#01512151 909.989.7771 jbischof@lee-assoc.com RYAN SWANSON Senior Vice President BRE# 01474192 949.790.3155 rswanson@lee-associates.com KURT BRUGGEMAN, CCIM Senior Vice President BRE # 01264501 949.790.3125 kbruggeman@leeirvine.com

046-082-011 26.98 Acres 046-082-005 295.15 Acres 4510 Highway 1 Cayucos, CA 93430 046-082-010 76.41 Acres China Harbor 1

THE OFFERING Offering a rare opportunity to purchase 3 Parcels of land totaling +398.54 acres on California s beautiful scenic Central Coast of Cayucos in San Luis Obispo County. Nestled between the Pacific Ocean and the rolling hillsides of open ranchland halfway between Los Angeles and San Francisco. This exclusive piece of property Offers magnificent ocean views, great privacy with many amenities and historical attractions nearby. The perfect opportunity to build a legacy estate. 2

OFFERING HIGHLIGHTS LAND SIZE ±398.54 acres of unimproved land in Cayucos, California San Luis Obispo County PROPERTY VIEW Panoramic ocean views, open country side & stunning scenic mountain range ACCESS Sea W Drive & Cabrillo Hwy LOTS 3 lots consolidated for one legacy estate TAX BENEFITS Donation of excess land may provide significant tax benefits 3

SITE OVERVIEW Property Address 4510 Highway 1, Cayucos CA 93430 Total Parcels 3 (three) totaling ±398.54 Acres Entitlements None Zoning To be verified Census Tract 0130.00 School District Coast Unified 76.41 Acres APN ACREAGE City of Cayucos 046-082-011 26.98 County of San Luis Obispo 046-082-005 295.15 046-082-010 76.41 295.15 Acres SITE 26.98 Acres 4

PROPERTY ACCESS 1 046-082-011 26.98 Acres 046-082-005 295.15 Acres 4510 Highway 1 Cayucos, CA 93430 046-082-010 76.41 Acres China Harbor 5

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LOCATION & SETTINGS SURROUNDING COMMUNITIES & ACTIVITIES This 101 mile span of prime Pacific coastline in San Luis Obispo County offers diverse artisan towns, charismatic seaside villages, scenic country roads rich in character and history. Complete with two world-class wine regions, amazing outdoor adventures, boutique shopping, delicious restaurants, and a dazzling roster of food, wine and cultural events. 8

Just 20 miles north discover the beauty of the coast and some of its many historical attractions HEARST CASTLE Hearst Castle, also known as La Cuesta Encantada or The Enchanted Hill is located near San Simeon, CA, in the Santa Lucia Mountains of San Luis Obispo County. This magnificent estate of 165 rooms and 127 acres of gardens, terraces, pools and walkways commands a stunning view of the Pacific Ocean and the hills and valleys of the Santa Lucias. Envisioned by William Randolph Hearst, Hearst Castle is one of the world s great attractions and showpieces for ancient art that rivals museum collections around the world. Hearst Castle is located just a few miles North of Cambria, Ca in the town of San Simeon, CA. Located directly off HWY 1, it is just minutes away from the San Simeon Pier and only a few miles from the Elephant Seal Rookery. PIEDRAS BLANCAS LIGHT STATION Piedras Blancas Light Station is a Must See historic park and wildlife sanctuary. Spectacularly Located on the rugged pacific coast 6 miles north of Hearst Castle in San Simeon, California off Cabrillo Highway (23 miles north). It began service in 1875 and is one of three tall seacoast lighthouses built in California. Piedras Blancas Light Station provides a glimpse into our nation s past when lighthouses served a vital role in maritime navigation. RAGGED POINT Ragged Point is located just 15 miles north of San Simeon s Hearst Castle, and is the gateway to Big Sur. Here is where you can witness spectacular vistas to the Pacific Ocean, sea life includes whales, dolphins and elephant seals, and drive the most filmed scenic roadway in the world. Ragged Point is comprised of the privately owned Ragged Point Inn where travelers are welcomed with patio dining, a gas station, hotel, wedding facility, hiking trail. Plus you can take a break in one of the many well-placed lounge chairs, take in the view and enjoy an espresso from the coffee bar. Towering high above the Pacific Ocean atop 400 foot sheer cliffs, Ragged Point offers one of the finest ocean vistas in the world, often called the Million Dollar View. This is one of the few places as you enter Big Sur where you can enjoy a trail down the face of a cliff, to witness the largest waterfall in the area. 9

SAN LUIS OBISPO COUNTY WINE COUNTRY - A REGION BOASTING TWO DISTINCT WINE REGIONS - BOTH WITH INTERNATIONAL ACCLAIM. San Luis Obispo Wine Country unfolds along the seafront side of the Santa Lucia mountain range in SLO County. The wineries of SLO Wine Country boast an average distance of just five miles from the Pacific Ocean, resulting in prevailing marine conditions that are among the most pronounced of any wine region in California. A prime destination for wine lovers, San Luis Obispo County offers a delightful variety of tasting experiences. With over 280 wineries vinifying 40 different grape varieties, there is a vintage and venue to satisfy every preference. Designated wine trails and clustered tasting rooms make it easy to plan a memorable itinerary for a quick afternoon or long weekend of tasting. The uncrowded roads and glorious scenery enhance the wonderful wines, working a playful magic that encourages visitors to relax, explore and savor the moment. SAN LUIS OBISPO WINE COUNTRY Including the American Viticultural Areas of Edna Valley and Arroyo Grande, SLO Wine Country boasts a range of wine tasting experiences from the Santa Lucia Mountains to the Pacific Ocean. A continuous stream of coastal, marine air, ensures the steady balance of the fruit, producing a consistent, full-flavored, and structurally complex wine. Enjoy refreshing, aromatic whites including Pinot Gris, Riesling and Gewürztraminer or big Bordeaux-style reds and Zinfandel. SLO Wine Country has everything you need to sit, relax and sip on an award-winning wine while only minutes away from your favorite coastal communities. PASO ROBLES WINE COUNTRY With more than 26,000 acres of vineyards, Paso Robles is truly the epitome of California wine tasting at its best. Recently named the 2013 Wine Region of the Year, by Wine Enthusiast Magazine, visitors to Paso Robles can choose from upwards of 240 wineries featuring varietals from Spanish to Bordeaux to the classic Paso Zinfandel and more. During the growing season, the hot days and cool nights give the grapes an opulent, dynamic flavor, traveling from the vine straight to your glass. 10

Harmany Headlands State Park China Harbor Estero Bluffs Cayucos Pier CAYUCOS DINING / RESTAURANTS Café della Via Brown Butter Cookie Company A Deli and Pieman Pies The Historic Cass House Inn and Restaurant Deli and Mieman Pies Duckie's Chowder House Full Moon Wine Bar and Bistro Kelly's Expresso Shop Martin's Mexican and Italian Food Ocean Front Pizza Old Cayucos Bakery and Deli Ruddell's Smokehouse Sea Shanty Schooners Wharf Skippers Restaurant Top Dog Coffee Bar CAYUCOS Morro Rock/ Morro Bay LANDMARKS NEARBY Harmony Headlands State Park 0.8 mile Estero Bluffs State Park - 3 miles Cayucos State Beach - 5 miles Morro Rock 13 miles City of Cayucos 11

MILEAGE FROM CAYUCOS TO: NORTH EAST SOUTH Cambria 13 Fresno 136 Morro Bay 6 Hearst Castle 22 Bakersfield 136 San Luis Obispo 21 Big Sur 88 Merced 195 Santa Maria 53 Carmel 112 Modesto 232 Santa Barbara 127 Monterey 116 Stockton 263 Los Angeles 224 San Francisco 232 Tulare 141 San Diego 333 San Jose 186 Paso Robles 33 Ventura 192 CAYUCOS MORRO BAY 12

TRANSPORTATION & ACCESSIBILITY Located on the beautiful Central Coast of California, Cayucos is half-way between San Francisco and Los Angeles and west of Bakersfield and its surrounding communities. Travel by Car The town rests on beautiful scenic Highway One, with close proximity to Highway 41 (south in Morro Bay) and Highway 46 (north toward Cambria). These two highway arteries feed from US Highway 101. Travel by Air The closest public airports in the area are the San Luis County Regional Airport (SBP) located about 28 miles southeast of Cayucos in San Luis Obispo, California; the Paso Robles Municipal Airport (PRB) located approximately 34 miles northeast of Cayucos in Paso Robles, California; and the Santa Maria Airport (SMX) located roughly 62 miles southeast of Cayucos in Santa Maria, California. Paso Robles Municipal Airport San Luis Obispo County Regional Airport Travel by Rail Amtrack services the city of San Luis Obispo which is located about 20 miles southeast of Cayucos. 13

For a virtual tour of this property, visit: www.cayucosland.com FOR MORE INFORMATION, PLEASE CONTACT: JEFF BISCHOFBERGER Senior Vice President/Principal BRE#01512151 909.989.7771 jbischof@lee-assoc.com RYAN SWANSON Senior Vice President BRE# 01474192 949.790.3155 rswanson@lee-associates.com KURT BRUGGEMAN, CCIM Senior Vice President BRE # 01264501 949.790.3125 kbruggeman@leeirvine.com