Description
Prime Investment Opportunity in Coastal Morro Bay!Located just steps from the scenic Morro Bay State Park and minutes from the iconic Morro Rock Beach, this rare offering presents a versatile development opportunity in one of Californias most desirable coastal towns. Situated on a semi-private lot nestled between just two adjoining parcels, this property offers a sense of privacy while maintaining easy access to key local amenities.Currently featuring a tear-down structure, the site is primed and ready for redevelopment"with all utilities already connected, saving time and cost on initial groundwork. Zoned for medium density use, this lot allows for a range of residential development possibilities, whether youre looking to build your dream coastal getaway, a multi-unit investment property, or a modern single-family residence with additional units for income potential.Adjacent to a second available lot (sold separately), buyers have the option to expand their footprint and take full advantage of the areas flexible zoning to create a larger-scale project or a more spacious estate. Together, the combined parcels open the door to creative configurations and increased building potential"perfect for developers, investors, or visionaries seeking a unique slice of the Central Coast.The location is a standout"bordering the peaceful greenery of the State Park while remaining just a short drive from downtown Morro Bays shops, restaurants, and waterfront activities. With easy access to Highway 1, commuting to San Luis Obispo, Cambria, or other neighboring beach towns is a breeze.Whether youre a seasoned investor or a first-time builder looking for a special place to create something extraordinary, this property offers unmatched potential in a prime location. Dont miss this chance to secure a piece of coastal California with flexibility, privacy, and strong future returns.Please note: Property is being sold for land value only. Adjacent lot available under separate listing.***DANGER! DO NOT ATTEMPT TO ENTER ANY STRUCTURES DUE TO VERY HAZARDOUS CONDITIONS**
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2BEDS
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0.15ACRES
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1BATHS
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01/2 BATHS
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808SQFT
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$679$/SQFT
School Information
Description
Prime Investment Opportunity in Coastal Morro Bay!Located just steps from the scenic Morro Bay State Park and minutes from the iconic Morro Rock Beach, this rare offering presents a versatile development opportunity in one of Californias most desirable coastal towns. Situated on a semi-private lot nestled between just two adjoining parcels, this property offers a sense of privacy while maintaining easy access to key local amenities.Currently featuring a tear-down structure, the site is primed and ready for redevelopment"with all utilities already connected, saving time and cost on initial groundwork. Zoned for medium density use, this lot allows for a range of residential development possibilities, whether youre looking to build your dream coastal getaway, a multi-unit investment property, or a modern single-family residence with additional units for income potential.Adjacent to a second available lot (sold separately), buyers have the option to expand their footprint and take full advantage of the areas flexible zoning to create a larger-scale project or a more spacious estate. Together, the combined parcels open the door to creative configurations and increased building potential"perfect for developers, investors, or visionaries seeking a unique slice of the Central Coast.The location is a standout"bordering the peaceful greenery of the State Park while remaining just a short drive from downtown Morro Bays shops, restaurants, and waterfront activities. With easy access to Highway 1, commuting to San Luis Obispo, Cambria, or other neighboring beach towns is a breeze.Whether youre a seasoned investor or a first-time builder looking for a special place to create something extraordinary, this property offers unmatched potential in a prime location. Dont miss this chance to secure a piece of coastal California with flexibility, privacy, and strong future returns.Please note: Property is being sold for land value only. Adjacent lot available under separate listing.***DANGER! DO NOT ATTEMPT TO ENTER ANY STRUCTURES DUE TO VERY HAZARDOUS CONDITIONS**
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-13T22:38:02.377. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.