2783 Coral Avenue
2783 Coral Avenue
$2,800,000
43,124 / 0.99
Description
Embark on an exceptional investment and development venture situated between the acclaimed Beach Tract and the renowned Cloisters neighborhoods. This fully approved 5-lot subdivision, set against the scenic backdrop west of Highway 1, presents an extraordinary opportunity for visionary development. Nestled within Morro Bay's most sought-after locale, this one-acre parcel is poised for transformation. The Cloisters spans an impressive 84 acres, featuring 57 acres of dedicated open space preserve,...Embark on an exceptional investment and development venture situated between the acclaimed Beach Tract and the renowned Cloisters neighborhoods. This fully approved 5-lot subdivision, set against the scenic backdrop west of Highway 1, presents an extraordinary opportunity for visionary development. Nestled within Morro Bay's most sought-after locale, this one-acre parcel is poised for transformation. The Cloisters spans an impressive 84 acres, featuring 57 acres of dedicated open space preserve, a charming one-acre public park, and an extensive network of over two miles of paved trails, including direct beach access. Your investment stands as a gateway to this coastal haven. Included in this rare offering is more than just land; it comes complete with a comprehensive package, including approved architectural plans, meticulously crafted landscape designs, construction documents, Coastal Commission approval, and permits extending through February 2025. Your path to success is illuminated, and the time to seize this opportunity is now. This isn't just a real estate venture; it's a chance to be part of the legacy of Morro Bay's coastal evolution. With a proven demand for single-family homes in this sought-after beachside community, capitalize on the current market dynamics and secure your place in history. Don't miss out on this once-in-a-lifetime opportunity to shape the future of Morro Bay's real estate landscape.
- Listed by Frankie Ciano • DRE #01412309 • Brokerage DRE #01937353 • Ciano Real Estate, Inc. • 805-748-1026
Property Details for 2783 Coral Avenue
View
Dunes
Lot Size SourceAssessor
Assessor Parcel Number065386015
New ConstructionNo
PoolNo
ViewYes
AssociationYes
Association Fee$.00
Location
LISTING UPDATED: 03/01/2024 07:43 AM
Property Details for 2783 Coral Avenue
Status | Active |
---|---|
MLS # | SC24042430 |
Days on Market | 62 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.99 AC |
County | San Luis Obispo County |
Location
Building Information for 2783 Coral Avenue
Lot Size0.99 AC
Payment Calculator
$15,281 per month
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Property Information for 2783 Coral Avenue
Property History for 2783 Coral Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2783 Coral Avenue
This home is within San Luis Coastal Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Del Mar Elementary School PublicK to 5 | ||
Los Osos Middle School Public6 to 8 | ||
Morro Bay High School Public9 to 12 | ||
Pacheco Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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