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$329,000
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Property Description
Prime Development Opportunity - 1151 Main St, Morro Bay, CA 93442 Exceptional commercial lot located just three short blocks from the Embarcadero, offering unmatched visibility and accessibility. With convenient access to Highway 1 and flexible mixed-use zoning, this property opens the door to a wide range of development possibilities. The lot is ideally suited for a two-story project, taking full advantage of potential ocean and Morro Rock views. Whether you're envisioning retail, office, or residential use, the location and zoning allow for creative flexibility. Opportunities like this are rare in Morro Bay, especially in such a tightly restricted growth area. Don't miss your chance to secure a standout property in one of the Central Coast's most desirable communities.
Full Property Details
Full Property Details for 1151 Main St
General
- Price: $329,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SC25266460
- Updated: 11/25/2025
- Days on Market: 53 days
- Added to Site: 53 day(s) ago
Location
- Area: MRBY - Morro Bay
- County: San Luis Obispo
- Development Name: MRBY - Morro Bay
- Subdivision: Embarcadero(750)
- Driving Directions: Cabrillo Hwy to Main Street
- Dist. to Beach: walk (Miles)
Utilities
- Water: None
- Dist. to Water: walk
Lot Features
- Property View: Harbor, Landmark, Marina, Ocean, Water
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Potential Use: Commercial, Industrial
- Zoning: C1
- Lot Description: Urban
Financial Considerations
- Price Per Sq. Ft.: $47.2
Listed by Capitol Real Estate Group, Inc, Karla Salazar
Get Pre-Approved Today
Schools
Schools serving 1151 Main St
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442 | K-6 | 1.9 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 3.6 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 1.1 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 1151 Main St
Date
Details
Price
Change
Source
11/25/2025
Listed
$329,000
31.86%
MLS
3/20/2025
Sold
$249,500
—
Public Record
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 1151 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,565
2%
$232,722
2%
2024
$2,521
2%
$228,159
2%
2023
$2,476
7%
$223,686
2%
2022
$2,321
54%
$219,300
55%
2021
$1,507
1%
$141,909
1%
2020
$1,492
1%
$140,454
2%
2019
$1,476
-36%
$137,700
-36%
2018
$2,318
2%
$216,182
2%
2017
$2,273
2%
$211,944
2%
2016
$2,228
2%
$207,789
2%
2015
$2,194
9%
$204,668
2%
2014
$2,015
—
$200,659
—
2013
$2,006
—
$199,753
—
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 1151 Main St
1151 Main Street, Morro Bay, CA 93442 (MLS# SC25266460) is a Lots/Land property with a lot size of 0.1600 acres. 1151 Main Street is currently listed for $329,000 and was received on November 25, 2025. Want to learn more about 1151 Main Street? 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.

