2783 Coral Ave, Morro Bay, Ca 93442 - Photo 1 of 39, Morro Bay, CA
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$3,350,000

2783 Coral Ave, Morro Bay, Ca 93442

0Beds
0
480Days Listed
1Lot Sq Ft

Listed by Frankie Ciano, Ciano Real Estate, Inc. | 805-748-1026

About This Property

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.

Property Details

Property Type
Land
Bedrooms
0
Bathrooms
0
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
480
Cumulative Days on Market
441
Original Price
$3,350,000

Location & Neighborhood

What's nearby 2783 Coral Ave, Morro Bay, Ca 93442

Nearby Schools

Transit Access

  • 15

    Bus Stop

    89 yrd

POI data updated 2/10/2026

Morro Bay Market Snapshot

35

Active Listings

$960K

Median Price

159

Avg Days on Market

Similar Listings

Last updated: Jan 23, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$3,350,000