#SC24187999, Brittany Hensley, Listing Office: Navigators Real Estate
#SC24229005·
Listing Office: Ciano Real Estate, Inc.·
Listing Agent: Frankie Ciano·
Listing Office Phone: 805-748-1026
$3,350,000 List price
2783 Coral Ave Morro Bay, CA 93442
1.0 acres
Land
Property details
About 2783 Coral Ave
Capitalize on an exceptional investment and development opportunity between the desirable Beach Tract and Cloisters neighborhoods. The one-acre parcel comprises five lots, which are being prepped for further improvement. This fully approved subdivision, located West of Highway 1, offers an unparalleled chance for transformative growth in one of Morro Bay's most sought-after areas. This offering includes more than land: it has a complete development package, including approved architectural plans, thoughtfully designed landscaping, detailed construction documents, and Coastal Commission approval with permits. Adjoining The Cloisters encompasses 84 acres, including 57 acres of preserved open space, a one-acre public park, and over two miles of paved trails with direct beach access—an idyllic coastal haven for future residents. This development is positioned for success in a market with strong demand for single-family homes within prime beachside locations. Don’t miss out on the chance to shape the future of Morro Bay’s coastal landscape and make a lasting mark on this vibrant community. The groundwork is laid for a successful project; now is the time to seize this opportunity.
Highlights
Home typeOther
StatusActive
Lot size0.99 Acres
MLS #SC24229005
WaterfrontBeach
ViewOther
Summary
- MLS Number: SC24229005
- MLS Name: CRMLS
- Office Name: Ciano Real Estate, Inc.
- Office Phone: (805) 748-1026
- Listing Agent: Frankie Ciano
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,350,000
2783 Coral Ave
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Price information
Property sales
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Tax history
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Nearby schools
5
Del Mar Elementary School
Public District KG-6
0.3 mi
•501 Sequoia St
6
Baywood Elementary School
Public District KG-6
4.8 mi
•1330 9th St
8
Monarch Grove Elementary School
Public District KG-6
5.5 mi
•348 Los Osos Valley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,227. The most common annual income of people living in Morro Bay, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
12%
<35k
52%
35k-100k
26%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2783 Coral Ave
This home is located at 2783 Coral Ave in Morro Bay, CA and zip code 93442. Features: 0 bathroom. It has been listed on Rocket Homes since November 9, 2024 and is currently priced at $3,350,000.
While more than 1 listings in Morro Bay, CA in February 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 7 were sold below. In February 2025 in Morro Bay, CA there were 11.1% more homes for sale than in January. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $925,000.
From Rocket Homes Real Estate and based on county public records data.