$2,500,000 Price Analysis 2783 Coral AveMorro Bay, CA 93442 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.99 acre lot. Listed 2024-03-01, Taxes $9,247 | Ⓧ USDA Ineligible due to property near Morro Bay |
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 offerin g is more than 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 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.
Presented by Frankie Ciano at
Ciano Real Estate, Inc.
Property MLS #SC24042430 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $873,821 $873,821 | $9,247 |
2021 | $unknown + $856,688 $856,688 | $9,100 |
2020 | $unknown + $847,904 $847,904 | $9,006 |
2019 | $unknown + $831,279 $831,279 | $8,913 |
2018 | $unknown + $814,980 $814,980 | $8,738 |
2017 | $unknown + $799,000 $799,000 | $8,567 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.