Listing by: Jack Franklin, Franklin Real Estate & Rentals, 805-459-3055

0 Beds

n/a Full bath

n/a SqFt

Active

Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.

Property Details
Price $3,900,000
Property Style Unimproved
Lot Size Area 162479
Lot Size Area Units Square Feet
Acres 3.73
Property Type Land
Exterior Features Biking,Golf,Park
Subdivision Beach Tract(730)
View Back Bay,Dunes,Bay,Ocean,Rocks
Waterfront Beach Front
Lot Description 36-40 Units/Acre
Association Fee 0
Geographic Data
Directions Hwy 1 to Atascadero Rd then west to the ocean. Lots are located north of the old sewer plant and south of the high school
County San Luis Obispo
Latitude 35.380319
Longitude -120.860365
Market Area MRBY - Morro Bay
Address Information
Address 0 Atascadero Road, Morro Bay, CA 93442
Postal Code 93442
City Morro Bay
State CA
Country United States
Listing Information
Listing Office Franklin Real Estate & Rentals
Listing Agent Jack Franklin
Listing Agent Phone 805-459-3055
Attribution Contact 805-459-3055
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 418
MLS Status Active
Listing Date Aug 5, 2023
Listing Last Modified Sep 27, 2024
Tax ID 065182009,
MLS Area MRBY - Morro Bay
MLS # SC23145620

This information is believed to be accurate, but without any warranty.
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