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Listed price in listed location currency (USD).
$3,350,000

000

MLS® SC24229005

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes 
Days Active 392
Lot Size 0.99 acres
Approx. Age 
MLS® Number SC24229005

Property Address: 2783 Coral Ave, Morro Bay, CA, 93442-1577

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberSC24229005
Laundry Level
Central VacNo
FireplaceNo
Acreage0.99
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 8, 2024List Date
$3,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2783 Coral Ave, Morro Bay, CA

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