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$3,350,000
2783 Coral Ave, Morro Bay, Ca 93442
0Beds
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
- Del Mar Elementary School0.3 mi
elementary
Transit Access
- 1589 yrd
Bus Stop
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
