Active

0 Atascadero Road

Morro Bay CA, 93442

$3,900,000


$24.00 per sqft

Active

3.73 Acres

Land

Listed by Jack Franklin with Franklin Real Estate & Rentals 805-459-3055

Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.

SC23145620

MLS ID

August 5, 2023

Listed

October 17, 2024

Updated

Map

0 Atascadero Road
Morro Bay CA, 93442

Exterior/Building Features

Lot Size

3.73 Acres


Lot Features

36-40 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

MRBY - Morro Bay


Days on Market

418


Garage

No


View

Yes


View Description

Bay, Back Bay, Ocean, Rocks


County

San Luis Obispo


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

CVS

Listing History

Date

Event

Price

8/11/2023

Price change

$3,900,000

2%

Listing Contact: 805-772-4277 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 10:24 AM UTC

 

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