2783 Coral Ave, Morro Bay, CA 93442
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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#:SC24229005
Source:CAREIL
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. 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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Home facts
- Listing ID #:SC24229005
- Added:504 day(s) ago
- Updated:March 31, 2026 at 04:23 PM
Structure and exterior
- Lot area:0.99 Acres
- Lot Features:Level, Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$3,350,000
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