$845,000
COMING SOON

Estimated payment $5,499/month

Total Views 104
0.2 Acres
$4,189,390 Price per Acre
8,787 Sq Ft Lot

Highlights

  • New Construction
  • Views of a landmark
  • Private Yard
  • Ocean Side of Highway 1
  • Property is near public transit
  • Cul-De-Sac

About This Lot

An 8,787 sq ft lot approved for a spacious 2,840 sq ft home with 4 bedrooms and 3 baths, plus a detached 1-bedroom, 1-bath ADU, ideal for multigenerational living, rental income, or a private guest suite. Development-ready, with proximity to The Cloisters' preserved open space and beach trails. This offering includes a complete development package: approved architectural plans, thoughtfully designed landscaping, and detailed construction documents, so the groundwork is already laid for a smooth, successful build. Nestled between the desirable Beach Tract and Cloisters neighborhoods, ocean-side of Hwy 1, this fully approved five-lot subdivision offers a rare chance to own a piece of one of Morro Bay's most sought-after coastal areas. The lot is being prepped for further improvement, making it an ideal opportunity for builders, investors, or individual buyers looking to create a custom coastal home. (Lot 2) The purchase price includes only the vacant lot and approved plans/documentation. Construction of the home, site improvements, permits, utility connections, impact fees, and other building costs are the responsibility of the buyer unless otherwise expressly stated. AI-generated renderings are for illustrative purposes only and do not depict the actual home. Final design, materials, finishes, landscaping, and features may vary.

Listing Agent

Frankie Ciano

Ciano Real Estate, Inc. Brokerage Phone: 805-748-1026 License #01412309

Property Details

Property Type

  • Land

Lot Details

  • 8,787 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard

Property Views

  • Views of a landmark
  • Neighborhood
  • Rock

Home Design

  • New Construction

Location

  • Property is near public transit

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $1,250 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • The View At Morro Bay Homeowners Association
  • Cloisters Subdivision

Recreation

  • Bike Trail
  • Ocean Side of Highway 1
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

8,787 Sq Ft Lot

Listing Details

  • Current Use: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Cloisters(740)
  • Survey: Survey Done
  • View: Yes
  • New Construction: Yes
  • Property Type: Land
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: ComingSoon
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 96.16

Exterior Features

  • View: Landmark, Neighborhood, Rocks

Utilities

  • Utilities: Water Available, Sewer Available, Phone Available, Cable Available, Electricity Available, Underground Utilities
  • Electric: Standard, Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: The View at Morro Bay Homeowners Association
  • Senior Community: No
  • Community Features: Curbs, Biking, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Level with Street, Paved, Lot 6500-9999, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 8787.00
  • Lot Size Acres: 0.2017
  • Latitude Manual: 35.39352100

Multi Family

  • Lot Size Area: 8787.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • TaxOtherAnnualAssessmentAmount: 1250.00

Map

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC26164973

California Regional Multiple Listing Service (CRMLS)
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