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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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 8/11/2023 | Tract | Beach Tract(730) |
|---|---|---|---|
| Community | Morro Bay | County | San Luis Obispo |
Price History
| Prior to Aug 11, '23 | $3,800,000 |
|---|---|
| Aug 11, '23 - Today | $3,900,000 |
Additional Details
| AREA | Morro Bay |
|---|---|
| HOA DUES | 0 |
| LOT | 3.73 acre(s) |
| LOT DESCRIPTION | 36-40 Units/Acre |
| SEWER | Public Sewer |
| SUBDIVISION | Beach Tract(730) |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay,Back Bay,Ocean,Rocks |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Beach Front |
| ZONING | CVS |
Location
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Listed with Franklin Real Estate & Rentals
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.
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