$450,000
SOLD OCT 9, 2024

660 Sequoia Ct Morro Bay, CA 93442

5 Acres
$83,333 Price per Acre
235,224 Sq Ft Lot

Recently Sold

64% Below List Price

508 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • 5.4 Acre Lot
  • Del Mar Elementary School Rated A-
  • Fishing
  • 4-minute walk to Del Mar Park

About This Lot

As of October 2024

Want to build? Make an offer! This lot is perfect for almost any style home. Maybe add an ADU, a barn, a shop, and white rail fencing on the lot lines and your estate can be seen when driving up, or down the coast, or from the air. This unique 5-acre parcel is the remaining part of the Sequoia Ct Tract of ten half-acre lots, with custom homes that average over 3000 sq ft in size. This Tract is outside of the Coastal Commission Zone, but inside the City Limits and includes all city services and all public utilities. The subdivision is very private, and wildlife of deer, quail, rabbits, hawks, and Monarch butterflies abound. The ocean views are unobstructed. All utilities are buried in the street and accessible to connect to the lot. There are no HOA monthly dues or road maintenance fees. This is a flag lot, which from the air looked like an arrowhead. All four corners are staked, and a building pad is roughed in. A copy of the CC&Rs and the original soil report from Geo-Solutions is attached as a supplement. The Buyer will need to negotiate a fee directly with Geo Solutions to upgrade the reports when applying for a building permit. However, the fee will be less costly than the original reports. The original developer still controls the CC&Rs and may allow an ADU unit, barn, and shop for this lot only. With an updated soil report and a full set of house plans, you should be able to secure a building permit within 6 to 9 months. Call the Morro Bay Planning Department for all the details to build.

Last Agent to Sell the Property

Jack Franklin

Franklin Real Estate & Rentals Brokerage Phone: 805-459-3055 License #00426210 Listed on: 05/04/2023

Last Buyer's Agent

Jack Franklin

Franklin Real Estate & Rentals Brokerage Phone: 805-459-3055 License #00426210 Listed on: 05/04/2023

Property Details

Property Type

  • Land

Lot Details

  • 5.4 Acre Lot
  • Cul-De-Sac
  • Irregular Lot
  • Flag Lot
  • Property is zoned RAG

Parking

  • Up Slope from Street

Additional Features

  • Ocean Views
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 0651499022

Community Details

Overview

  • No Home Owners Association
  • Morro Del Mar Subdivision
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: RAG
  • Property Type: Land
  • Parcel Number: 0651499022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.91

Exterior Features

  • View: Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Flag Lot, Irregular Lot, Park Nearby, Up Slope from Street
  • Lot Size Sq Ft: 235224.00
  • Lot Size Acres: 5.4000
  • Latitude Manual: 35.39744800

Multi Family

  • Lot Size Area: 5.4000 Acres

Range of Values:

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List Price
Sold Price
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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
10/09/2024 10/09/24 Sold $450,000 0.0% --
09/23/2024 09/23/24 Pending -- -- --
09/20/2024 09/20/24 Price Changed $450,000 -40.0% --
08/12/2023 08/12/23 Price Changed $750,000 -40.0% --
05/04/2023 05/04/23 For Sale $1,250,000 -- --
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: SC23076250

California Regional Multiple Listing Service (CRMLS)