NOT LISTED FOR SALE

2870 Cedar Ave Morro Bay, CA 93442

0.09 Acre
-- Price per Acre
4,000 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $308,000

41 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Hiking Trails
  • Del Mar Elementary School Rated A-
  • No HOA

About This Lot

As of May 2023

Welcome to 2870 Cedar Ave in Morro Bay. If you want to build your dream home here is a great opportunity at 2870 Cedar Ave in Morro Bay with 2nd story peak ocean views. Just blocks to the beach, Cloisters Park, Morro Bay High School & Del Mar Elementary. This is a flat street-to-street lot close proximity to the ocean, groceries, schools, shops, the embarcadero & downtown. This 4000 square foot lot is zoned RM - Residential Medium Density. Other area highlights are Morro Strand & Morro Bay State Parks, Morro Rock & the Elfin Forest is close by. Del Mar park with tennis, pickle ball courts and walking paths is closeby in the neighborhood. Cayucos is just a few miles, and Cambria and San Simeon are about 30 minutes. There is no end to the host of recreational activities from kayaking, sailing & boating, SUPs, biking, fishing and more! The City of Morro Bay's zoning requirements for RM and uses for the land can be found in the Listing Supplements, accessed by your real estate pro. Please refer to the document and/or to the City for any specific questions not answered there. There is a #2 Splice Box on the southwest corner for PG&E. There are also a couple of water spigots inside the lot, no current water service, buyer to investigate. Other utilities such as sewer will need to be hooked-in from the street. Permittting will be required. Coastal Commission zone, however the CC has approved the Land Use and Zoning Plan provided in the Supplements. An old survey exists and old permits from an ADU attempt, now expired, history unknown and will be provided in the supplements. Close of escrow will be delayed due to Trust timeline, see private remarks. Peak ocean view if second story is allowable.

Last Agent to Sell the Property

Kathleen Scruton

Real Estate eBroker Inc. License #01321040 Listed on: 02/01/2023

Last Buyer's Agent

Kathleen Scruton

Real Estate eBroker Inc. License #01321040 Listed on: 02/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $248

Lot Details

  • 4,000 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned RM

Property Views

  • Ocean
  • Peek-A-Boo

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Source of electricity is unknown
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 4 / 13
  • Assessor Parcel Number 068214015
  • $7 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$248

Lot Details

0

Listing Details

  • Current Use Comments: Approximately 50% of Lot minus setbacks see sup...
  • Possible Use Comments: Residential Medium Density.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: CY MB Ocean Heights
  • Survey: Buyer Pays, Survey Done
  • View: Yes
  • Zoning: RM
  • Property Type: Land
  • Parcel Number: 068214015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 77.00

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Fencing: Chain Link

Utilities

  • Utilities: Electricity Available, Water Available
  • Electric: Electricity - Unknown
  • Sewer: None
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Watersports, Suburban

Lot Info

  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4000.00
  • Usable Land Percent: 50%
  • Lot Size Acres: 0.0918

Multi Family

  • Lot Size Area: 4000.0000 Square Feet

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 105.05
  • Tax Lot: 4
  • Tax Annual Amount: 248.00
  • TaxOtherAnnualAssessmentAmount: 7.36

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $308,000 -2.2% --
03/14/2023 03/14/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $314,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23017597

California Regional Multiple Listing Service (CRMLS)