Property Detail

2783 Coral Ave

Morro Bay CA 93442

$3,350,000

Status: Active

Property Details

Description

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 accessan 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.

Map Location

Listing provided courtesy of Frankie Ciano of Ciano Real Estate, Inc.. Last updated . Listing information © 2026 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

john Doe

Pacific Rim Property Management & Maintenance Solutions

CA DRE# 01426440
CSLB# 958218
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