541 Atascadero, Morro Bay, CA 93442 - Photo 1

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$829,000 -$50,000 (-5.69%) Price Reduced

For Sale
Active
Lots/Land
0.2069 Acres
Updated 5 days ago

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Property Description

Final Permits are in and the ground is ready to break on Jade Cove, a premium 5-unit project on a desirable 9,000sf lot with great views of Morro Rock and the lush valley. Don't miss this opportunity to develop this project that will capture close to a 6% cap rate. Seller willing to carry up to 50% at interest only terms for added flexibility. Seize the opportunity and make it your own today!

Full Property Details

Full Property Details for 541 Atascadero

General

Price: $829,000
Status: Active
Type: Lots/Land
Source: MRMLS
MLS ID: SC26059577
Updated: 6/17/2026
Days on Market: 95 days
Added to Site: 96 day(s) ago

Location

Area: MRBY - Morro Bay
County: San Luis Obispo
Development Name: MRBY - Morro Bay
Driving Directions: Hwy 41 --> Left on Hill St. At Corner of Hill and Hwy 41
Dist. to Beach: <100 (Miles)

Utilities

Sewer: Public Sewer
Water: Public
Dist. to Water: <100

Lot Features

Property View: Rocks, Valley
Lot Size (Acres): 0.2069
Lot Size (Sq. Ft.): 9,013
Lot Size Source: Assessor
Lot Description: Curbs, Watersports, Golf, Biking, Hiking, Fishing, Park

Financial Considerations

Price Per Sq. Ft.: $91.98

Listed by Joel Pace Real Estate, Inc., Joel Pace

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Listing agent

— 541 Atascadero —

Joel Pace

Joel Pace Real Estate, Inc.

joelpacere@gmail.com

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NMLS#: 1598647

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Schools

Schools serving 541 Atascadero

School District:San Luis Coastal Unified School District

Name	Grades	Distance
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442	K-6	1.1 mi
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402	7-8	4.4 mi
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 541 Atascadero Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/17/2026

Price Reduced

$829,000

-5.69%

MLS

3/19/2026

Listed

$879,000

—

MLS

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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 541 Atascadero

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,199

2%

$202,915

2%

2023

$2,159

—

$198,937

2%

2023

$2,159

7%

$195,037

2%

2022

$2,024

—

$191,213

—

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 541 Atascadero

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541 Atascadero, Morro Bay, CA 93442 (MLS# SC26059577) is a Lots/Land property with a lot size of 0.2069 acres. 541 Atascadero is currently listed for $829,000 and was received on March 19, 2026. Want to learn more about 541 Atascadero? 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.

541 Atascadero Morro Bay, CA 93442