2783 Coral Ave 065386015 Morro Bay CA 93442 MLS #SC24229005

2783 Coral Ave 065386015
Morro Bay, CA, 93442
$3,350,000
Beds
0 Baths
SqFt
0.99 Acres
$3,350,000
2783 Coral Ave 065386015
Morro Bay, CA, 93442
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&#39'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.

Property Details

Price:
$3,350,000
MLS #:
SC24229005
Status:
Active
Baths:
0
Address:
2783 Coral Ave 065386015
Type:
Land
Subdivision:
Beach Tract730
Neighborhood:
mrbymorrobay
City:
Morro Bay
Listed Date:
Nov 8, 2024
State:
CA
ZIP:
93442
Lot Size:
43,124 sqft / 0.99 acres (approx)

Schools

Interior

Exterior

Community Features
Biking, Curbs, Park, Preserve/ Public Land, Sidewalks
Fencing
None
Lot Features
2-5 Units/ Acre, Corner Lot, Level with Street
Sewer
Public Sewer
View
Dunes, Landmark, Peek- A- Boo
Water Source
None, Public

Financial

Association Fee
0.00
Utilities
Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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