545 Atascadero Road, Morro Bay, CA 93442
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners



545 Atascadero Road,Morro Bay, CA 93442
$495,000
- 0.57 Acres
- Lots / Land
- Active
Listed by:farid shahid
Office:eighty20 group
MLS#:CRSC25158206
Source:CAMAXMLS
Price summary
- Price:$495,000
About this home
Rare Ocean View Development Opportunity in Morro Bay: Welcome to 545 Atascadero Road — a prime 25,000 sq ft (0.57 acres) ocean view lot in one of Morro Bay’s most coveted neighborhoods. This expansive and gently sloped rectangular parcel is zoned R4 for high-density residential development, offering a rare opportunity to build a legacy property just minutes from the Pacific Ocean. Surrounded by well-established, high-value homes, this site is one of the last remaining infill development opportunities within city limits. The lot’s central location provides easy access to Highway 41, and is ideally situated less than a mile to the beach and just over a mile to Morro Bay’s vibrant Downtown shops, restaurants, and Embarcadero. With its favorable topography, panoramic views, and versatile zoning, this property is perfect for investors, developers, or visionaries looking to create a multi-unit residential project on California’s iconic Central Coast. Whether you’re planning a luxury townhouse development or long-term income property, this land delivers exceptional potential in a location that continues to grow in value and appeal. Don't miss this chance to shape the future of Morro Bay.
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Home facts
- Listing Id #:CRSC25158206
- Added:30 day(s) ago
- Updated:August 14, 2025 at 05:06 PM
Structure and exterior
- Lot area:0.57 Acres
Finances and disclosures
- Price:$495,000
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