What this means is that if you own a property in Cambria or Cayucos- you are permitted to rent your property short term, less than a 30 day stay, as a “vacation rental”, if you have or obtain a vacation rental license and registration. The ordinance limits the number of vacation rentals by a distance requirement. No property is issued a license if there is another property within 200 linear feet on the same block that already has one. Once issued, status continues indefinitely, as long as the annual fees are kept up .
The vacation rental ordinance will be coming under review this year and will go before the planning commission in late summer /early fall of 2010 for possible modifications. Some of the issue being considered include: The Distance requirement; Enforcement of the Ordinance; Possible expiration dates; and Extending the Ordinance to other communities in the area.
These changes may have an impact on current and future property owners in our beautiful communities where so many tourists love to vacation.
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com