Morro Bay CA Real Estate & Land for Sale

Ready to build! Nearly level flag lot on a private street in Morro Bay. Views of Morro Rock, with potential for second-story ocean views in your future home. Utilities have been stubbed to each property and the required fire turn-around is in place on a neighboring lot. The common driveway is paved and is shared with neighboring parcels. Home square footage can be up to 2,000 square feet, not including the garage. Please be mindful not to disturb neighboring residences or to block the shared driveway. The privacy of this location can be yours soon! Contact your Realtor today!

Amazing Ocean, Bay and Morro Rock views from this end of the street up sloping lot. This lot is adjacent to open space where you'll enjoy cattle grazing and abundant wildlife. Current owner had approved building permits and plans that have expired. Also available are out dated engineering and soils reports.

Seeking Buyer/Lessor to develop a hospitality property delivering tax generating benefits on City-owned property. The City is offering this property to a Lessor/Buyer with the intent they develop a hospitality project generating on-going TOT (Transient occupancy tax). The zoning allows for a wide range of tourist service uses; Zoned C-VS/PD/S.4 (existing restaurant and parking lot) and C-VS/PD/S.3/S.4 (upper parking lot). The project sits partially on the Embarcadero, the main tourist area in Morro Bay. The balance of the property rises up and sits on the bluff overlooking the Embarcadero and Morro Bay. Subject property is +/- 1.60 Acres. Call listing agent for showing instructions. Pre-approval required for touring property. Purchase Price: $3,890,000 per most current appraisal, 2021. Call for more details.