2783 Coral Ave, Morro Bay, CA 93442

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
2783 Coral Ave,Morro Bay, CA 93442
$3,350,000
  • 0.99 Acres
  • Lots / Land
  • Active
Listed by: frankie ciano
Office: ciano real estate, inc.
MLS#:CRSC24229005
Source:CAMAXMLS

Price summary

  • Price:$3,350,000

About this home

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 with a recorded final map, 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.

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Home facts

  • Listing ID #:CRSC24229005
  • Added:461 day(s) ago
  • Updated:February 13, 2026 at 02:47 PM

Structure and exterior

  • Lot area:0.99 Acres

Finances and disclosures

  • Price:$3,350,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at February 13, 2026