2783 Coral Ave new Save Request In-Person Tour Request Virtual Tour
Morro Bay,CA 93442
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Beach Tract(730)
MLS Listing ID SC24229005
HOA Y/N Yes
Lot Size 0.990 Acres
Property 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.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning REC
Interior
Fireplace No
Exterior
Fence None
Community Features Biking,Curbs,Park,Preserve/Public Land,Sidewalks
Utilities Available Cable Available,Electricity Available,Sewer Available,Underground Utilities,Water Available,Water Not Available
Waterfront Description Beach Access,Ocean Side Of Highway
View Y/N Yes
View Landmark,Peek-A-Boo
Present Use Residential
Building
Lot Description 2-5 Units/Acre,Corner Lot,Street Level
Sewer Public Sewer
Water Public,None
New Construction No
Others
Senior Community No
Tax ID 065386015
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard
Lease Land No