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2783 Coral Ave 0.99 Acres of Residential Land Offered at $3,350,000 in Morro Bay, CA 93442
Investment Highlights
- Ready for someone to fine grade and build homes
Executive Summary
Lots will be rough graded with utilities stubbed. Roadway, curb, pavers, and sidewalks will be in. No driveways. No retaining walls. All off-site improvements will be completed. Ready for someone to fine grade and build homes. Please send Buyers proof of funds along with a signed CAR form CND, and Buyer bio to receive a link to the plans and supporting documents. Offering Memorandum Available. Some of the onsite trees have been removed as part of the City of Morro Bay
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,350,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.99 AC |
| Property Type | Land | ||
| Zoning | REC - Residential | ||
| Price | $3,350,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.99 AC |
| Zoning | REC - Residential |
1 Lot Available
Lot
| Price | $3,350,000 | Lot Size | 0.99 AC |
| Price Per AC | $3,383,838.38 |
| Price | $3,350,000 |
| Price Per AC | $3,383,838.38 |
| Lot Size | 0.99 AC |
The one-acre parcel comprises five lots, which are being prepped for further improvement. This fully approved subdivision, located West of Highway 1, offers an unparalleled chance for transformative growth in Morro Bay.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 065-386-015 | Improvements Assessment | $0 |
| Land Assessment | $927,304 | Total Assessment | $927,304 |
Property Taxes
Parcel Number
065-386-015
Land Assessment
$927,304
Improvements Assessment
$0
Total Assessment
$927,304
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2783 Coral Ave
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