1151 Main St Morro Bay, CA 93442
Estimated payment $1,999/month
Highlights
- Ocean View
- Del Mar Elementary School Rated A-
- No HOA
About This Lot
Prime Development Opportunity - 1151 Main St, Morro Bay, CA 93442 Exceptional commercial lot located just three short blocks from the Embarcadero, offering unmatched visibility and accessibility. With convenient access to Highway 1 and flexible mixed-use zoning, this property opens the door to a wide range of development possibilities. The lot is ideally suited for a two-story project, taking full advantage of potential ocean and Morro Rock views. Whether you're envisioning retail, office, or residential use, the location and zoning allow for creative flexibility. Opportunities like this are rare in Morro Bay, especially in such a tightly restricted growth area. Don't miss your chance to secure a standout property in one of the Central Coast's most desirable communities.
Listing Agent
Capitol Real Estate Group, Inc Brokerage Phone: 661-916-2380 License #01764441 Listed on: 08/12/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,521
Lot Details
- 6,970 Sq Ft Lot
- Irregular Lot
- Property is zoned C1
Property Views
- Ocean
- Marina
- Harbor
- Views of a landmark
Additional Features
- Urban Location
- Water Not Available
Community Details
- No Home Owners Association
- Embarcadero Subdivision
Listing and Financial Details
- Legal Lot and Block 72 / 31
- Assessor Parcel Number 066024025
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,521 | $232,722 | $232,722 | -- |
| 2024 | $2,476 | $228,159 | $228,159 | -- |
| 2023 | $2,476 | $223,686 | $223,686 | $0 |
| 2022 | $2,321 | $219,300 | $219,300 | $0 |
| 2021 | $1,583 | $141,909 | $141,909 | $0 |
| 2020 | $1,492 | $140,454 | $140,454 | $0 |
| 2019 | $1,476 | $137,700 | $137,700 | $0 |
| 2018 | $2,318 | $216,182 | $216,182 | $0 |
| 2017 | $2,273 | $211,944 | $211,944 | $0 |
| 2016 | $2,228 | $207,789 | $207,789 | $0 |
| 2015 | $2,194 | $204,668 | $204,668 | $0 |
| 2014 | $2,015 | $200,659 | $200,659 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $329,000 | +31.9% | -- |
| 04/09/2025 04/09/25 | Sold | $249,500 | 0.0% | -- |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $249,500 | +16.0% | -- |
| 01/05/2021 01/05/21 | Sold | $215,000 | -13.7% | -- |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- |
| 01/14/2019 01/14/19 | For Sale | $249,000 | 0.0% | -- |
| 01/03/2019 01/03/19 | Pending | -- | -- | -- |
| 05/11/2018 05/11/18 | For Sale | $249,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $249,500 | Chicago Title | |
| Deed In Lieu Of Foreclosure | $165,000 | Chicago Title | |
| Deed | -- | None Listed On Document | |
| Grant Deed | $215,000 | Placer Title Company | |
| Grant Deed | $135,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,000 | New Conventional | |
| Previous Owner | $165,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25182126
APN: 066-024-025
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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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