Listing Courtesy of:
Ciano Real Estate, Inc.
Agency Phone: 805-771-9779
Associate Name: Frankie Ciano
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
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 with a recorded final map, 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 access?an 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.
Listed By
Agency Name: Ciano Real Estate, Inc.
Agency Phone: 805-771-9779
Agent Name: Frankie Ciano
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimated Payment
$ 8,432.73 per month $7,455.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $977.08 Homeowner's Insurance
2783 Coral Ave | MLS# SC24229005
This land located at 2783 Coral Ave, Morro Bay, CA 93442 is currently listed for sale with an asking price of $3,350,000. The property has approximately 0.99 Acres. Search Morro Bay real estate on www.farrellsmyth.com today.