Millman Team Real Estate

$3,900,000
3.73 Acre Lot

0 Atascadero Road, Morro Bay, California 93442

  • Land Property Type
Property Description

Here’s a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay’s famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.

Basic Details
Land
For Sale
SC23145620
$3,900,000
Bay,Back Bay,Ocean,Rocks
3.73 Acre
Active
Features
: Public Sewer
: Beach Front
$0
Address Map
CA
San Luis Obispo
Morro Bay
Beach Tract(730)
93442
Atascadero
Road
W121° 8' 27.3''
N35° 22' 48.4''
Hwy 1 to Atascadero Rd then west to the ocean. Lots are located north of the old sewer plant and south of the high school
MRBY - Morro Bay
CVS
Additional Information
$0
$0
$0
$0
$0
: Park, Biking, Golf
: Unimproved
: 36-40 Units/Acre
2023-08-05
Recreational
3800000
: Public
Broker/Agent Information
Franklin Real Estate & Rentals
Jack Franklin
Listing Information
SC00426210
SCLRER
Cash
Active
2025-07-30T16:18:43Z
CRMLS
: Standard
2023-08-05T19:16:00Z
Agent info
Ray Millman
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