13
See all 13 photos
Listed by Farid Shahid • Eighty20 Group
$495,000
Est. payment /mo
0.57 Acres Lot
Active
545 Atascadero RD Morro Bay, CA 93442
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSC25158206
Lot Size 0.574 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Rare Ocean View Development Opportunity in Morro Bay: Welcome to 545 Atascadero Road - a prime 25,000 sq ft (0.57 acres) ocean view lot in one of Morro Bay's most coveted neighborhoods. This expansive and gently sloped rectangular parcel is zoned R4 for high-density residential development, offering a rare opportunity to build a legacy property just minutes from the Pacific Ocean. Surrounded by well-established, high-value homes, this site is one of the last remaining infill development opportunities within city limits. The lot's central location provides easy access to Highway 41, and is ideally situated less than a mile to the beach and just over a mile to Morro Bay's vibrant Downtown shops, restaurants, and Embarcadero. With its favorable topography, panoramic views, and versatile zoning, this property is perfect for investors, developers, or visionaries looking to create a multi-unit residential project on California's iconic Central Coast. Whether you're planning a luxury townhouse development or long-term income property, this land delivers exceptional potential in a location that continues to grow in value and appeal. Don't miss this chance to shape the future of Morro Bay.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning GSL,LY,LSR,UPS,LV
Exterior
Fence Other
View Greenbelt, Hills, Local/Neighborhood, Ocean, Panoramic, Water, City Lights
Building
Lot Description Grade - Sloped Up , Grade - Gently Sloped
Water District - Public
Others
Tax ID 068231016
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.
GET MORE INFORMATION
