2783 Coral Avenue
$3,350,000
43,124 / 0.99
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, 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,...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, 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. Don’t miss out on the chance to shape the future of Morro Bay’s 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.
- Listed by Frankie Ciano • DRE #01412309 • Brokerage DRE #01937353 • Ciano Real Estate, Inc. • 805-748-1026
Property Details for 2783 Coral Avenue
View
Dunes, Landmark, Peek-A-Boo
Lot Size SourceAssessor
Assessor Parcel Number065386015
New ConstructionNo
PoolNo
ViewYes
AssociationYes
Association Fee$.00
LISTING UPDATED: 11/08/2024 07:51 AM
Property Details for 2783 Coral Avenue
Status | Active |
---|---|
MLS # | SC24229005 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.99 AC |
County | San Luis Obispo County |
Building Information for 2783 Coral Avenue
Lot Size0.99 AC
Property Information for 2783 Coral Avenue
Property History for 2783 Coral Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2783 Coral Avenue
This home is within San Luis Coastal Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Del Mar Elementary School PublicK to 5 | ||
Los Osos Middle School Public6 to 8 | ||
Morro Bay High School Public9 to 12 | ||
Pacheco Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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