2783 Coral Ave, Morro Bay, CA 93442

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.

Listing Status:

Active

Listing Office:

Ciano Real Estate, Inc. : 805-771-9779

Listing Agent:

Frankie Ciano : 805-748-1026

MLS ID:

SC24229005

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: San Luis Obispo

Lot

• Zoning: 065386015
• Fencing: N/K
• Current Use: Residential

Utilities

• Utilities: Below GroundCable TVElectric

Financial

• Source: California Regional MLS

This listing courtesy of Frankie Ciano, Ciano Real Estate, Inc.