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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.
| 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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Based on information from California Regional Multiple Listing Service, Inc. as of 3/15/25 6:12 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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