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0 Atascadero , Morro Bay, CA 93442
$3,900,000
Est. Payment: $19,693.86/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 1091
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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.
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Highlights

Listed by Jack Franklin , 805-459-3055 Franklin Real Estate & Rentals , 805-772-4277. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land
Lot/Acreage
3.73

County

San Luis Obispo

 Neighborhood

Beach Tract(730)

Listing ID

SC23145620

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$19,694
Taxes
$2,486

Home Price

$3,900,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$780,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,693.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,693.86 $2,486.25 $0.00 $22,180.11
Yearly $236,326.27 $29,835.00 $0.00 $266,161.27
Total $7,089,788.01 $895,050.00 $0.00 $7,984,838.01

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Morro Bay, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T20:38:14.000Z

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