Property Details
About this Property
Prime Investment Opportunity in Coastal Morro Bay! Located just steps from the scenic Morro Bay State Park and minutes from the iconic Morro Rock Beach, this rare offering presents a versatile development opportunity in one of California’s most desirable coastal towns. Situated on a semi-private lot nestled between just two adjoining parcels, this property offers a sense of privacy while maintaining easy access to key local amenities. Currently featuring a tear-down structure, the site is primed and ready for redevelopment—with all utilities already connected, saving time and cost on initial groundwork. Zoned for medium density use, this lot allows for a range of residential development possibilities, whether you’re looking to build your dream coastal getaway, a multi-unit investment property, or a modern single-family residence with additional units for income potential. Adjacent to a second available lot (sold separately), buyers have the option to expand their footprint and take full advantage of the area’s flexible zoning to create a larger-scale project or a more spacious estate. Together, the combined parcels open the door to creative configurations and increased building potential—perfect for developers, investors, or visionaries seeking a unique slice of the Cent
MLS Listing Information
MLS #
CRSN25106626
MLS Source
California Regional MLS
Days on Site
10
Interior Features
Fireplace
None
Laundry
None
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
San Luis Coastal Unified
High School District
San Luis Coastal Unified
HOA Fee
$0
Zoning
60
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
1188 Allesandro St is a Single Family Residence in Morro Bay, CA 93442. This 808 square foot property sits on a 6,730 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $549,000 and was built in 1947. This address can also be written as 1188 Allesandro St, Morro Bay, CA 93442.
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This listing information is up-to-date as of May 15, 2025. For the most current information, please contact April Noessel
