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$225,000
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Property Description
Prime buildable lot in established neighborhood with multi-family potential! Rare street-to-street 4,000 sf vacant lot, ideally positioned between Alder Ave and Birch Street. With an approximate footprint of 80x50 feet and a favorable upslope leading to a mostly level buildable area, this property offers an excellent canvas for your next development project.
Zoned for medium-density residential, the property may allow for multi-family or multiple-unit configurations, making it a great option for those looking to invest or build. Utilities - water, sewer, electricity, and gas - are nearby and available, though not currently connected. Any building plans or service connections should be independently verified by the buyer.
Whether you're an investor, developer, or someone with a vision, this lot is full of possibility.
Full Property Details
Full Property Details for 2884 Alder Ave
General
- Sold For: $225,000
- Status: Closed
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SC25230640
- Added to Site: 107 day(s) ago
Location
- Area: MRBY - Morro Bay
- County: San Luis Obispo
- Development Name: MRBY - Morro Bay
- Subdivision: North Morro Bay (820)
- Driving Directions: HWY 1, right San Jacinto, right Alder, on left past apartment cottages
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Lot Features
- Property View: Hills, Mountain(s), Neighborhood
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
- Lot Size Source: Public Records
- Lot Dimensions: 80 x 50
- Potential Use: Buyer to verify, Multi-Family, Residential
- Zoning: RM
- Lot Description: Biking, Hiking, Watersports
- Fencing (Description): Chain Link, Partial
Financial Considerations
- Price Per Sq. Ft.: $56.25
Listed by Christie's International Real Estate Sereno, Lindsey Harn
Sold by West Coast Properties, Kirk Najarian
Get Pre-Approved Today
Schools
Schools serving 2884 Alder Ave
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442 | K-6 | 0.2 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 5.2 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 0.7 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 2884 Alder Ave
Date
Details
Price
Change
Source
11/10/2025
Sold
$225,000
-13.13%
MLS
10/14/2025
Listed
$259,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2884 Alder Avenue, Morro Bay, CA 93442 (MLS# SC25230640) is a Lots/Land property that was sold at $225,000 on November 10, 2025. Want to learn more about 2884 Alder Avenue? 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.

