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2783 Coral Ave, Morro Bay, CA 93442

Local realty services provided by:CENTURY 21 Masters
2783 Coral Ave,Morro Bay, CA 93442
$3,350,000
  • 0.99 Acres
  • Lots / Land
  • Active
Listed by: frankie ciano
Office: ciano real estate, inc.
MLS#:SC24229005
Source:CRMLS

Price summary

  • Price:$3,350,000

About this home

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.

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Home facts

  • Listing ID #:SC24229005
  • Added:442 day(s) ago
  • Updated:January 25, 2026 at 11:50 AM

Structure and exterior

  • Lot area:0.99 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$3,350,000
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