$595,000
SOLD FEB 24, 2026

1140 Allesandro St Morro Bay, CA 93442

0.25 Acre
$2,380,000 Price per Acre
10,890 Sq Ft Lot

Sale Details

Date Sold: February 24, 2026

39% Below List Price

290 Days on Market

Highlights

  • View of Trees or Woods
  • 0.25 Acre Lot
  • No HOA
  • Del Mar Elementary School Rated A-
  • Corner Lot
  • Property is near a preserve or public land

About This Lot

As of February 2026

Prime 10,890 square foot lot offering vast investment potential. Ideally located across the street from the State Park on a corner lot bordered by Allesandro St, Bella Vista Dr and Morengo Dr. The property features a 1,200 square foot workshop with two large roll up doors, 200 amp 3 phase electrical service and a new TPO membrane roof. A new sewer line was installed with 6 clean outs. Water is plumbed to the workshop and natural gas is available on site. Current zoning is Industrial. Seller has preliminary approval from the city for a mixed-use residential/commercial subdivision with 5 residential units. Buyer to verify current and future potential uses of the property. Seller financing may be available.

Last Agent to Sell the Property

Monica King

BHGRE HAVEN PROPERTIES Brokerage Phone: 805-550-0603 License #01229478 Listed on: 03/07/2025

BHGRE HAVEN PROPERTIES

Co-Listed By

Kate Hendrickson

BHGRE HAVEN PROPERTIES Brokerage Phone: 805-550-0603 License #01730943

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 10,890 Sq Ft Lot
  • Corner Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned 23

Property Views

  • Woods
  • Neighborhood

Community Details

  • No Home Owners Association
  • Morro Heights Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Legal Lot and Block 1 / 11
  • Assessor Parcel Number 066095004

Property Details

Property Type

Land

Lot Details

0.25 Acres

Listing Details

  • Current Use Comments: Currently zoned Industrial
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: 23
  • Property Type: Land
  • Parcel Number: 066095004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 54.64

Exterior Features

  • View: Neighborhood, Trees/Woods

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lot Size Area: 10890.0000 Square Feet

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 106.02
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Feb 17, 2026
Sold by
Luhr Gerald Dean and Luhr Erika Jeanne
Bought by
Lockwood Commercial Realty Inc
Seller's Agent
Monica King
BHGRE HAVEN PROPERTIES
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$975,000
Sold Price
$595,000
Premium/Discount to List
-$380,000
-38.97%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
833.37%

Purchase Details

Closed on
Jun 23, 2025
Sold by
Luhr Gerald and Luhr Erika Jeanne
Bought by
Luhr Gerald Dean and Luhr Erika Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $595,000 First American Title
Grant Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2026 02/24/26 Sold $595,000 -14.4% --
12/22/2025 12/22/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $695,000 -11.5% --
09/27/2025 09/27/25 Price Changed $785,000 -12.3% --
08/15/2025 08/15/25 Price Changed $895,000 -8.2% --
03/07/2025 03/07/25 For Sale $975,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,254 $207,999 $190,684 $17,315
2024 $2,213 $203,922 $186,946 $16,976
2023 $2,213 $199,925 $183,281 $16,644
2022 $2,074 $196,006 $179,688 $16,318
2021 $2,041 $192,164 $176,165 $15,999
2020 $2,020 $190,194 $174,359 $15,835
2019 $1,999 $186,466 $170,941 $15,525
2018 $1,960 $182,811 $167,590 $15,221
2017 $1,922 $179,227 $164,304 $14,923
2016 $1,884 $175,714 $161,083 $14,631
2015 $1,855 $173,076 $158,664 $14,412
2014 $1,704 $169,686 $155,556 $14,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25050889

California Regional Multiple Listing Service (CRMLS)

APN: 066-095-004

Your Personal Tour Guide

Ask me questions while you tour the home.