2783 Coral Ave
Morro Bay, CA 93442
43,124Sqft(Lot)
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 dire
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public,None Sewer: Public Sewer
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Fencing
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.99 -
Lot Size Source: Assessor Lot Size Square Feet: 43124
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Listing Price Information
Original List Price: 3,350,000 Listing Contract Date: 2024-11-08 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 065386015
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Garage and Parking
Homeowners Association
Association: Yes
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Other Property Info
Source Listing Status: Active Source Neighborhood: MRBY - Morro Bay Directions: Corner of Coral and San Jacinto St. Zoning: REC Source Property Type: Land Area: MRBY - Morro Bay
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1800 Atascadero Road, Morro Bay, CA, 93442 | $15,500,000 | -- | -- | -- | 15,246,000 Sqft(Lot) |
| 731 Butte, Morro Bay, CA, 93442 | $289,500 | -- | -- | -- | 5,378 Sqft(Lot) |
| 670 Sequoia Court, Morro Bay, CA, 93442 | $499,000 | -- | -- | -- | 20,038 Sqft(Lot) |
| 541 Atascadero, Morro Bay, CA, 93442 | $879,000 | -- | -- | -- | 9,013 Sqft(Lot) |
| 2900 Alder Avenue, Morro Bay, CA, 93442 | $395,000 | -- | -- | -- | 6,000 Sqft(Lot) |
| Atascadero Road, Morro Bay, CA, 93442 | $3,900,000 | -- | -- | -- | 162,479 Sqft(Lot) |
Similar Land To 2783 Coral Ave
Nearby For Sale
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ByOwner last updated this listing 06/10/2026 @ 03:15
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