#SC24239560, Alice Frawley Bicksler, Listing office: Navigators Real Estate

545 Atascadero Rd Morro Bay, CA 93442
Property details
About 545 Atascadero Rd
Rare Ocean View Development Opportunity in Morro Bay: Welcome to 545 Atascadero Road — a prime 25,000 sq ft (0.57 acres) ocean view lot in one of Morro Bay’s most coveted neighborhoods. This expansive and gently sloped rectangular parcel is zoned R4 for high-density residential development, offering a rare opportunity to build a legacy property just minutes from the Pacific Ocean. Surrounded by well-established, high-value homes, this site is one of the last remaining infill development opportunities within city limits. The lot’s central location provides easy access to Highway 41, and is ideally situated less than a mile to the beach and just over a mile to Morro Bay’s vibrant Downtown shops, restaurants, and Embarcadero. With its favorable topography, panoramic views, and versatile zoning, this property is perfect for investors, developers, or visionaries looking to create a multi-unit residential project on California’s iconic Central Coast. Whether you’re planning a luxury townhouse development or long-term income property, this land delivers exceptional potential in a location that continues to grow in value and appeal. Don't miss this chance to shape the future of Morro Bay.
Highlights
Summary
- View: City Lights, Other, Park, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Water
- List Price: $495,000
- HOA Amount: $0
- Lot: Gentle Sloping, Rectangular Lot, Sloped Up
- Directions: 400 Feet North-East from the corner of Hill Street & Atascadero Road. Located on the frontage road, not directly on Highway 41.
- Lot Size: 0.5739 Acres
- MLS Number: SC25158206
- MLS Name: CRMLS
- Office Name: Eighty20 Group
- Office Phone: (818) 961-6508
- Listing Agent: Farid Shahid
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.
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Last updated on: 7/18/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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
1.1 mi
•501 Sequoia St
6
Baywood Elementary School
Public District KG-6
3.9 mi
•1330 9th St
8
Monarch Grove Elementary School
Public District KG-6
4.7 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 $50,349. Typical income of Morro Bay, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 545 Atascadero Rd
The listing price of 545 Atascadero Rd property is $495,000.
The property 545 Atascadero Rd is land located in Morro Bay, California, 93442.
Active Listing: 545 Atascadero Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 545 Atascadero Rd are: Del Mar Elementary School (GreatSchools Rating 5/10), Baywood Elementary School (GreatSchools Rating 6/10), Monarch Grove Elementary School (GreatSchools Rating 8/10), Los Osos Middle School (GreatSchools Rating 7/10), Cayucos Elementary School (GreatSchools Rating 8/10), Laguna Middle School (GreatSchools Rating 7/10), Morro Bay High School (GreatSchools Rating 9/10), San Luis Obispo County Community (GreatSchools Rating 3/10), Grizzly Challenge Charter (GreatSchools Rating 4/10).
The property 545 Atascadero Rd is 0.574 acres.
This home is located at 545 Atascadero Rd in Morro Bay, CA and zip code 93442. Features: 0 bathroom. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $495,000.
Morro Bay, CA housing market in June 2025 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 8 sold below. The inventory of homes for sale in Morro Bay, CA between May and June 2025 did not move. The median list price of listings available in June 2025 was $933,250, while the average time on the real estate market was 37 days.