2783 Coral Ave Active

Morro Bay,CA 93442

$ 3350000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSC24229005

Originating Board California Regional MLS

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 D1,PRKG,LWS

Exterior

Fence None

Utilities Available Electricity - On Site,Underground - On Site

View Other,30

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 065386015

Special Listing Condition Not Applicable

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