2783 Coral Ave
Morro Bay, CA, 93442
$3,350,000
Beds
0 Baths
0 SqFt
0.99 Acres
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MLS #SC24229005 image #0
Capitalize on an exceptional investment and development opportunity between the desirable Beach Tract and Cloisters neighborhoods. The one-acre parcel comprises five lots, which are being prepped for further improvement. This fully approved subdivision with a recorded final map, located West of Highway 1, offers an unparalleled chance for transformative growth in one of Morro Bay’s most sought-after areas. This offering includes more than land: it has a complete development package, including approved architectural plans, thoughtfully designed landscaping, detailed construction documents, and Coastal Commission approval with permits. Adjoining The Cloisters encompasses 84 acres, including 57 acres of preserved open space, a one-acre public park, and over two miles of paved trails with direct beach access—an idyllic coastal haven for future residents. This development is positioned for success in a market with strong demand for single-family homes within prime beachside locations. Don’t miss out on the chance to shape the future of Morro Bay’s coastal landscape and make a lasting mark on this vibrant community. The groundwork is laid for a successful project; now is the time to seize this opportunity.

Property Details

Price:
$3,350,000
MLS #:
SC24229005
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Beach Tract730
Neighborhood:
mrbymorrobay
Listed Date:
Jan 22, 2026
Lot Size:
43,124 sqft / 0.99 acres (approx)
Mrby – Morro BayMrbymorrobayBeach Tract730Dunes

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Community Features
SDW, CRB, PSV, PARK, BIKI

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Market Summary

Current real estate data for Land in Morro Bay as of Mar 11, 2026
9
Land Listed
138
Avg DOM
$2,860,889
Avg List Price

Property Summary

    Located in the Beach Tract(730) subdivision, 2783 Coral Ave Morro Bay CA is a Land for sale in Morro Bay, CA, 93442. It is listed for $3,350,000 and features 1 acres.

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