|
Drastic price reduction! Imagine this 5-acre parcel improved with a custom home, barn, shop, and white rail fencing on the lot lines. Your estate will be seen for miles when driving up, down the coast, or from the air. This unique parcel is the remaining part of the Sequoia Ct tract of ten half-acre lots, and custom homes that average over 3000 sq ft in size. The entire subdivision is outside of the Coastal Commission Zone, but inside the City Limits and includes all city services and all public utilities. The subdivision is very private, and wildlife of deer, quail, rabbits, hawks, and Monarch butterflies abound. The ocean views are unobstructed. There are no HOA monthly dues or road maintenance. This is a flag lot, which from the air looked like an arrowhead. All four corners are staked, and a building pad is roughed in. A copy of the CC&Rs and the original soil report from Geo-Solutions is attached as a supplement. The Buyer will need to negotiate a fee directly with Geo Solutions to upgrade the reports when applying for a building permit. However, the fee will be less costly than the original reports. The original developer controls the CC&Rs and will allow the ADU unit. With an updated soil report and a full set of house plans, you should be able to secure a building permit within 6 to 9 months. You also have the option to add a separate ADU "accessory dwelling unit" for Mom and Dad. Call the Morro Bay Planning Department for all the details to build.
Last Updated | 1/9/2024 | Tract | Morro del Mar(800) |
---|---|---|---|
Community | Morro Bay | County | San Luis Obispo |
Price History
Prior to Aug 12, '23 | $1,250,000 |
---|---|
Aug 12, '23 - Today | $750,000 |
Additional Details
AREA | Morro Bay |
---|---|
BUYER'S BROKERAGE COMPENSATION | 3.000 % |
HOA DUES | 0 |
LOT | 5.4 acre(s) |
LOT DESCRIPTION | Cul-De-Sac, Flag Lot, Irregular Lot, Near Park, Sloped Up |
SUBDIVISION | Morro del Mar(800) |
VIEW | Yes |
VIEW DESCRIPTION | Ocean |
WATER | Public |
ZONING | RAG |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.