0 Atascadero Rd Morro Bay, CA 93442
Estimated payment $24,152/month
Highlights
- Beach Front
- Ocean View
- 3.73 Acre Lot
- Del Mar Elementary School Rated A-
- Golf Course Community
- No HOA
About This Lot
Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.
Listing Agent
Franklin Real Estate & Rentals Brokerage Phone: 805-459-3055 License #00426210 Listed on: 08/05/2023
Property Details
Property Type
- Land
Lot Details
- 3.73 Acre Lot
- Beach Front
- Density is 36-40 Units/Acre
- 065182010
- Property is zoned CVS
Property Views
- Ocean
- Back Bay
- Dune
- Rock
Listing and Financial Details
- Assessor Parcel Number 065182009,
- Tax Block 25
- $339,859 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Beach Tract Subdivision
Recreation
- Golf Course Community
- Park
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/11/2023 08/11/23 | Price Changed | $3,900,000 | +2.6% | -- | |
| 08/05/2023 08/05/23 | For Sale | $3,800,000 | +322.7% | -- | |
| 12/17/2021 12/17/21 | Sold | $899,000 | -7.8% | -- | View Prior Sale |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- | |
| 06/01/2021 06/01/21 | For Sale | $975,000 | +213.5% | -- | |
| 07/18/2018 07/18/18 | Sold | $311,000 | -4.3% | -- | View Prior Sale |
| 05/31/2018 05/31/18 | Pending | -- | -- | -- | |
| 05/22/2018 05/22/18 | For Sale | $325,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC23145620
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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