Description
Capitalize on an exceptional investment and development opportunity between the desirable beach tract and cloisters neighborhoods. the one-acre parcel comprises five lots, which are being prepped for further improvement. this fully approved subdivision, located west of highway 1, offers an unparalleled chance for transformative growth in one of morro bay's most sought-after areas. this offering includes more than land: it has a complete development package, including approved architectural plans, thoughtfully designed landscaping, detailed construction documents, and coastal commission approval with permits. adjoining the cloisters encompasses 84 acres, including 57 acres of preserved open space, a one-acre public park, and over two miles of paved trails with direct beach access—an idyllic coastal haven for future residents. this development is positioned for success in a market with strong demand for single-family homes within prime beachside locations. don’t miss out on the chance to shape the future of morro bay’s coastal landscape and make a lasting mark on this vibrant community. the groundwork is laid for a successful project; now is the time to seize this opportunity.
Property Type
LandCounty
San Luis ObispoStyle
LandAD ID
47584718
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public,None
- Sewer : Public Sewer
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Exterior Features
Fencing
- None
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.99
- Lot Size Source: Assessor
- Lot Size Square Feet: 43124
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Listing Information
Listing Price Information
- Original List Price: 3,350,000
- Listing Contract Date: 2024-11-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 065386015
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
- Association: Yes
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: MRBY - Morro Bay
- Directions: Corner of Coral and San Jacinto St.
- Zoning: REC
- Source Property Type: Land
- Area: MRBY - Morro Bay
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 01/02/2025 @ 09:33
- MLS: SC24229005
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 43,124 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Morro Bay , in zip code 93442, this San Luis Obispo County Land , it is in the North Morro Bay (820) Subdivision, are nearby neighborhoods.