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.