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$3,900,000
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Property 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.
Full Property Details
Full Property Details for 0 Atascadero Rd
General
- Price: $3,900,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SC23145620
- Updated: 7/30/2025
- Days on Market: 900 days
- Added to Site: 900 day(s) ago
Location
- Area: MRBY - Morro Bay
- County: San Luis Obispo
- Development Name: MRBY - Morro Bay
- Subdivision: Beach Tract(730)
- Driving Directions: Hwy 1 to Atascadero Rd then west to the ocean. Lots are located north of the old sewer plant and south of the high school
- Dist. to Beach: Atascadero Road (Miles)
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: Atascadero Road
Lot Features
- Property View: Back Bay, Dunes, Bay, Ocean, Rocks
- Lot Size (Acres): 3.73
- Lot Size (Sq. Ft.): 162,479
- Lot Size Source: Assessor
- Present Use: Unimproved
- Potential Use: Recreational
- Zoning: CVS
- Lot Description: Biking, Golf, Park
Financial Considerations
- Price Per Sq. Ft.: $24
Listed by Franklin Real Estate & Rentals, Jack Franklin
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Schools
Schools serving 0 Atascadero Rd
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442 | K-6 | 2.2 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 3.3 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 Atascadero Rd
Date
Details
Price
Change
Source
8/11/2023
Price Increased
$3,900,000
2.63%
MLS
8/05/2023
Listed
$3,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Atascadero Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Atascadero Rd
0 Atascadero Road, Morro Bay, CA 93442 (MLS# SC23145620) is a Lots/Land property with a lot size of 3.7300 acres. 0 Atascadero Road is currently listed for $3,900,000 and was received on August 05, 2023. Want to learn more about 0 Atascadero Road? Do you have questions about finding other Lots/Land real estate for sale in Morro Bay? You can browse all Morro Bay real estate or contact a Coldwell Banker agent to request more information.

