2783 Coral Ave, Morro Bay, CA 93442

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
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:CRMLS

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, 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

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Home facts

  • Listing ID #:SC24229005
  • Added:370 day(s) ago
  • Updated:November 14, 2025 at 10:28 PM

Structure and exterior

  • Lot area:0.99 Acres

Utilities

  • Water:Public, Water Available, Water Not Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$3,350,000
Based on information from California Regional Multiple Listing Service, Inc. as of November 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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