$15,500,000

1800 Atascadero Rd Morro Bay, CA 93442

Estimated payment $86,460/month

Total Views 38,158
350 Acres
$44,286 Price per Acre
15,246,000 Sq Ft Lot

Highlights

  • Ocean View
  • Home fronts a creek
  • No HOA
  • Del Mar Elementary School Rated A-
  • 350 Acre Lot
  • Hiking Trails

About This Lot

Welcome to this Central Coast Avocado Ranch, a rare 350-acre agricultural gem in the heart of California’s Central Coast. This income-producing ranch is equipped with 7 wells and riparian rights from Morro Creek, ensuring a sustainable and abundant water supply to support its thriving avocado orchards. With over 100 acres already planted, this property also features four income-producing rental units and a quaint roadside store, offering multiple revenue streams. Expansion opportunities abound, including additional plantable acres, a potential online retail operation, and four additional homesites with stunning views of Morro Rock.

Listing Agent

JoAnn Wall

JoAnn Wall, Broker Brokerage Phone: 805-591-0577 License #02030465 Listed on: 03/20/2025

Co-Listing Agent

Vali Nemetz

Valeska Nemetz Inc. Brokerage Phone: 805-591-0577 License #01737574

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,294

Lot Details

  • 350 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Security Fence
  • The property's topography is level, rolling to steep
  • 073-069-018,073-069-019
  • Property is zoned Agriculture

Property Views

  • Ocean
  • Marina
  • Panoramic
  • Views of a landmark
  • Canyon
  • Orchard Views
  • Creek or Stream

Farming

  • Livestock Fence
  • Agricultural

Utilities

  • 220 Volts in Workshop
  • Agricultural Well Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 073069021

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$8,294

Lot Details

0

Listing Details

  • Inclusions: All Equipment
  • Current Use: Agricultural, Commercial, Investment, Recreational, Residential
  • Current Use Comments: Property is currently used for wholesale and retail avocado sales, plus several residential rentals.
  • Improvements: Estate home (leased), several manufactured homes (rented), office, shop, sheds, etc.
  • Possible Use Comments: There are 4 additional approved homesites.
  • Survey: Buyer Pays
  • View: Yes
  • Well Report: Yes
  • Zoning: Agriculture
  • Property Type: Land
  • Parcel Number: 073069021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.02

Exterior Features

  • View: Canyon, Creek/Stream, Landmark, Marina, Ocean, Orchard, Panoramic, Water
  • Fencing: Livestock, Security
  • Trees: 100+/- acres

Utilities

  • Electric: 220 Volts in Workshop
  • Water Source: Agricultural Well, Other, Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Rural

Lot Info

  • Topography: Level, Rolling to Steep
  • Additional Parcels: Yes
  • Additional Parcels Description: 073-069-018,073-069-019
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard
  • Lot Size Sq Ft: 15246000.00
  • Lot Size Acres: 350.0000
  • Latitude Manual: 35.40089100

Multi Family

  • Lot Size Area: 350.0000 Acres
  • Waterfront Features: Creek

Tax Info

  • Tax Census Tract: 130.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $8,294 $788,343 $32,383 $755,960
2023 $8,294 $749,333 $33,402 $715,931
2022 $7,582 $716,425 $33,233 $683,192
2021 $7,432 $699,689 $33,067 $666,622
2020 $7,033 $662,047 $31,791 $630,256
2019 $7,010 $1,053,021 $99,368 $953,653
2018 $4,953 $461,893 $28,794 $433,099
2017 $6,276 $585,356 $28,640 $556,716
2016 $5,598 $522,094 $27,033 $495,061
2015 $5,701 $531,821 $26,586 $505,235
2014 $6,264 $623,868 $26,097 $597,771
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $15,500,000 -- $4,162 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $800,000 Credit Line Revolving
Closed $331,170 Unknown
Closed $1,500,000 Credit Line Revolving
Closed $890,000 Unknown
Closed $654,000 Unknown
Closed $1,000,000 Stand Alone Second
Source: Public Records

Similar Property in Morro Bay, CA

  • 1800 Atascadero Rd, Morro Bay, CA 93442

    $15,500,000

    • Land
    • 350 Acres
    • $44,286 per Acre
    • 1800 Atascadero Rd
    • Morro Bay, CA

    PREMIER 350-ACRE CENTRAL COAST AVOCADO RANCHWelcome to this Central Coast Avocado Ranch, a rare 350-acre agricultural gem in the heart of Californias Central Coast. This income-producing ranch is equipped with 7 wells and riparian rights from Morro Creek, ensuring a sustainable and abundant water supply to support its thriving avocado orchards. With over 100 acres already planted, this

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    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS25061446

California Regional Multiple Listing Service (CRMLS)

APN: 073-069-018