2783 Coral Ave, Morro Bay, CA 93442 - MLS#SC24229005

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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$3,350,000

Est. payment - /mo

0.99 Acres Lot

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UPDATED:

12/11/2024 06:49 AM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC24229005

HOA Y/N No

Lot Size 0.990 Acres

Acres 0.99

Property Description

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 accessan 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. Dont miss out on the chance to shape the future of Morro Bays 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.
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 accessan 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. Dont miss out on the chance to shape the future of Morro Bays 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.

Location

State CA

County San Luis Obispo

Area Morro Bay (93442)

Exterior

Utilities Available Below Ground,Cable TV,Electric

Building

Lot Description Corner Lot, Curbs, Sidewalks

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Frankie Ciano • Ciano Real Estate, Inc.

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

2783 Coral Ave Morro Bay, CA 93442

Anthony Napoli

Key Details

Location

Exterior

Building

Others

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