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$3,350,000
43 Days On Site

2783 Coral Ave
Morro Bay, CA 93442

For Sale|Land|Active
Subdivision:
Beach Tract(730)
County:
San Luis Obispo
Listed by Frankie Ciano of Ciano Real Estate, Inc. [email protected]
Call Now: (805)-771-9779
Is this the home for you? We can help make it yours.
(805)-771-9779
2783 Coral Ave2783 Coral Ave2783 Coral Ave2783 Coral Ave
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Capitalize on an exceptional investment and development opportunity between the desirable Beach Tract and Cloisters neighborhoods. The one-acre parcel comprises five lots, which are being prepped for further improvement. This fully approved subdivision, located West of Highway 1, offers an unparalleled chance for transformative growth in one of Morro Bay's most sought-after areas. This offering includes more than land: it has a complete development package, including approved architectural plans, thoughtfully designed landscaping, detailed construction documents, and Coastal Commission approval with permits. Adjoining The Cloisters encompasses 84 acres, including 57 acres of preserved open space, a one-acre public park, and over two miles of paved trails with direct beach access—an idyllic coastal haven for future residents. This development is positioned for success in a market with strong demand for single-family homes within prime beachside locations. Don’t miss out on the chance to shape the future of Morro Bay’s coastal landscape and make a lasting mark on this vibrant community. The groundwork is laid for a successful project; now is the time to seize this opportunity.

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Listing Snapshot
Price 
$3,350,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.99 Acres
Year Built 
N/A
MLS® Number 
SC24229005
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.99
Additional Property Use 
Residential
Disclosures 
City Inspection RequiredCovenants/Restrictions DisclosureCoastal Commission RestrictionsCoastal Zone
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Cable AvailableElectricity AvailableSewer AvailableUnderground UtilitiesWater AvailableWater Not Available
Water Source 
PublicNone
Zoning 
REC
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Exterior Features
Fencing 
None
Lot Features 
Corner Lot
Road Frontage 
City StreetHighway
Waterfront Features 
Beach Access
Community Features
Community Features 
CurbsParkSidewalks
Financing Terms Available 
Cash
MLS Area 
MRBY - Morro Bay
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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