Morro Bay CA Real Estate & Land for Sale

This choice lot is ready for building. Imagine a spacious home on a spacious lot with unblock able ocean views in Morro Bay and it is yours! Stand on building pad and check huge ocean vistas free of utility lines. This is your opportunity! This parcel is over half an acre with spectacular ocean and hillside views. All utilities are underground with City Water. This quiet neighborhood is on a cul-de-sac with close proximity to Del Mar Park with tennis and pickle ball courts and the Morro Strand beach. Deer, turkey, birds, and butterflies share the property. Contemporary house plans included for 3 bedrooms, 3 baths with total living space of 2776 sf, plus 507 sf in an attached garage. Every room has ocean or mountain views. Multiple outdoor spaces have ocean views for dining outside and for soaking in the spa. Spacious owner's suite has large walk-in closet and en suite bath with ocean view soaking tub. Separate office and laundry room.Minor Use Permit is for the site and house design that was submitted to the City. The permit is valid for 2 years with possibility of 2 one year extensions. Lot is just outside the coastal zone. Soils engineering report. Even the fire department has given approval. Ready to go!!

Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3,890,000 per most current appraisal, 2021. Call for more details.

Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3,890,000 per most current appraisal, 2021. Call for more details.