Embark on an exceptional investment and development venture situated between the acclaimed Beach Tract and the renowned Cloisters neighborhoods. This fully approved 5-lot subdivision, set against the scenic backdrop west of Highway 1, presents an extraordinary opportunity for visionary development. Nestled within Morro Bay's most sought-after locale, this one-acre parcel is poised for transformation. The Cloisters spans an impressive 84 acres, featuring 57 acres of dedicated open space preserve, a charming one-acre public park, and an extensive network of over two miles of paved trails, including direct beach access. Your investment stands as a gateway to this coastal haven. Included in this rare offering is more than just land; it comes complete with a comprehensive package, including approved architectural plans, meticulously crafted landscape designs, construction documents, Coastal Commission approval, and permits extending through February 2025. Your path to success is illuminated, and the time to seize this opportunity is now. This isn't just a real estate venture; it's a chance to be part of the legacy of Morro Bay's coastal evolution. With a proven demand for single-family homes in this sought-after beachside community, capitalize on the current market dynamics and secure your place in history. Don't miss out on this once-in-a-lifetime opportunity to shape the future of Morro Bay's real estate landscape.

PRICED REDUCED $50,000Want to build your Dream Home in Morro Bay with a awesome view? Well here you go. This is an up slope lot with: Rock - Ocean and Panoramic City views. Lot size is 40 x 100 (4000sf). You can build up to approx. 2600 Sqft. home on this lot(Check with City to Confirm). Located on a quiet street - High up the hill from Hwy 1. There is no address number on the lot.

This is a once-in-a-lifetime opportunity to own a piece of paradise, where the great ocean and Morro Rock views serve as a daily reminder of thebeauty and grandeur of the natural world. Embrace the endless potential that this 34.3-acre property offers and let your imagination run wild asyou envision the coastal haven you've always dreamed of. Don't miss out on the chance to make this remarkable property your very own. Amongthe 34.3 acres, a designated 6.3-acre area has been carefully chosen as the ideal building site, strategically positioned to take full advantage ofthe panoramic ocean and Morro Rock views. Imagine waking up to the soft hues of the sunrise over the water or witnessing the mesmerizingspectacle of the sun dipping below the horizon at sunset, all from the comfort of your future dream home. Call your agent for more information!

This is a once-in-a-lifetime opportunity to own a piece of paradise, where the great ocean and Morro Rock views serve as a daily reminder of thebeauty and grandeur of the natural world. Embrace the endless potential that this 40.7 acre property offers and let your imagination run wild asyou envision the coastal haven you've always dreamed of. Don't miss out on the chance to make this remarkable property your very own. Amongthe 40.7 acres, a designated 7.8 acre area has been carefully chosen as the ideal building site, strategically positioned to take full advantage ofthe panoramic ocean and Morro Rock views. Imagine waking up to the soft hues of the sunrise over the water or witnessing the mesmerizingspectacle of the sun dipping below the horizon at sunset, all from the comfort of your future dream home. Call youragent for more information!

This is a once-in-a-lifetime opportunity to own a piece of paradise, where the great ocean and Morro Rock views serve as a daily reminder of thebeauty and grandeur of the natural world. Embrace the endless potential that this 47.0 acre property offers and let your imagination run wild asyou envision the coastal haven you've always dreamed of. Don't miss out on the chance to make this remarkable property your very own. Amongthe 47.0 acres, a designated 14.8 acre area has been carefully chosen as the ideal building site, strategically positioned to take full advantage ofthe panoramic ocean and Morro Rock views. Imagine waking up to the soft hues of the sunrise over the water or witnessing the mesmerizingspectacle of the sun dipping below the horizon at sunset, all from the comfort of your future dream home. Call listingagent for more information!

This is a once-in-a-lifetime opportunity to own a piece of paradise, where the great ocean and Morro Rock views serve as a daily reminder of thebeauty and grandeur of the natural world. Embrace the endless potential that this 33.5-acre property offers and let your imagination run wild asyou envision the coastal haven you've always dreamed of. Don't miss out on the chance to make this remarkable property your very own. Amongthe 33.5 acres, a designated 4.3 acre area has been carefully chosen as the ideal building site, strategically positioned to take full advantage ofthe panoramic ocean and Morro Rock views. Imagine waking up to the soft hues of the sunrise over the water or witnessing the mesmerizingspectacle of the sun dipping below the horizon at sunset, all from the comfort of your future dream home.

This is a once-in-a-lifetime opportunity to own a piece of paradise, where the great ocean and Morro Rock views serve as a daily reminder of thebeauty and grandeur of the natural world. Embrace the endless potential that this 57.4 acre property offers and let your imagination run wild asyou envision the coastal haven you've always dreamed of. Don't miss out on the chance to make this remarkable property your very own. Amongthe 57.4 acres, a designated 10.4 acre area has been carefully chosen as the ideal building site, strategically positioned to take full advantage ofthe panoramic ocean and Morro Rock views. Imagine waking up to the soft hues of the sunrise over the water or witnessing the mesmerizingspectacle of the sun dipping below the horizon at sunset, all from the comfort of your future dream home. Call listingagent for more information!

Oceanfront land for sale. Public record shows two lots totaling 3.73 acres. The lots are zoned Visitor Servicing Commercial (VSC). Terrific location for a three-story hotel complex or RV Park & storage along the coastal access Atascadero Road. The owner planned to develop a 50 plus space MH Park and had extensive Biological Assessement reports prepared in 2001 and 2003. The heirs recently discovered copies of the reports, and will provide them for disclosure purposes only. Please contact the Morro Bay Planning Department for and all required studies, and reports needed for your proposed project.

This site for future happiness here is your opportunity to own a piece of California's Central Coast rolling foothill grassland. Parcel 4 of PARCEL MAP NO. CO-76-334 is a 35 +/- acre piece of the 1884 subdivision of Rancho San Bernardo owned by Pedro Quintana. This piece of fine coastal real estate is located approximately 2.5 miles from Morro Bay having 621 feet of Little Morro Crk Rd frontage. The parcel has a gravel road for access to the top of the hill for your potential residential building site with forever views of Morro Rock, Pacific Ocean, Hollister Peak and the Santa Lucia mountain range. They don't make 'em like this anymore, so it's first-come, first-served. Because of unusual circumstances, this site for future happiness is available for only $1,100,000.

Great development opportunity, for a near shovel ready 16-unit Multi-Family Townhome Apartment Complex. All entitlements are nearly completed with the City of Morro Bay Planning Department. Upon completion of the remaining environmental studies the project can be resubmitted for final planning commission review and approval. The building site is located near Morro Rock and close to other new Multi-Family developments. This Multi-Family project would be a much-needed addition to this growing community. Drawings and additional information from the city of Morro Bay are available.

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.

This choice lot is ready for building. Imagine a spacious home on a spacious lot with unblock able ocean views in Morro Bay and it is yours! Stand on building pad and check huge ocean vistas free of utility lines. This is your opportunity! This parcel is over half an acre with spectacular ocean and hillside views. All utilities are underground with City Water. This quiet neighborhood is on a cul-de-sac with close proximity to Del Mar Park with tennis and pickle ball courts and the Morro Strand beach. Deer, turkey, birds, and butterflies share the property. Contemporary house plans included for 3 bedrooms, 3 baths with total living space of 2776 sf, plus 507 sf in an attached garage. Every room has ocean or mountain views. Multiple outdoor spaces have ocean views for dining outside and for soaking in the spa. Spacious owner's suite has large walk-in closet and en suite bath with ocean view soaking tub. Separate office and laundry room.Minor Use Permit is for the site and house design that was submitted to the City. The permit is valid for 2 years with possibility of 2 one year extensions. Lot is just outside the coastal zone. Soils engineering report. Even the fire department has given approval. Ready to go!!

Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3,890,000 per most current appraisal, 2021. Call for more details.