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0 Atascadero Road, Morro Bay, CA 93442

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For Sale

$3,900,000

Estimated Payment

$ 19,988 /mo.

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

Explore this Property

Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.
MLS# SC23145620

Courtesy Of Franklin Real Estate & Rentals

(805) 772-4277

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • View Type
    Ocean

Map and Directions

Directions to 0 Atascadero Road, Morro Bay, CA 93442
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Home seller CENTURY 21 Jordan-Link & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Jordan-Link & Company

(559) 733-9696
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $19,988
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $19,988

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Del Mar Elementary School

Grades KG-6 Public School


Morro Bay, CA 93442 1.1 miles
501 sequoia st

319 total students
22:1 Student teacher ratio

Los Osos Middle School

Grades 7-8 Public School


Los Osos, CA 93402 4.5 miles
1555 el moro st

541 total students
18:1 Student teacher ratio

Morro Bay High School

Grades 9-12 Public School


Morro Bay, CA 93442 0.1 miles
235 atascadero rd

867 total students
20:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Baywood Elementary School 4 miles Public KG-6 B
Monarch Grove Elementary School 4.7 miles Public KG-6 A-
Wishing Well School 5.1 miles Private PK-8
Cayucos Elementary School 5.6 miles Public KG-8 A-

Baywood Elementary School

Distance: 4 miles

Type Public

Grades: KG-6

B

Monarch Grove Elementary School

Distance: 4.7 miles

Type Public

Grades: KG-6

A-

Wishing Well School

Distance: 5.1 miles

Type Private

Grades: PK-8

Cayucos Elementary School

Distance: 5.6 miles

Type Public

Grades: KG-8

A-

Local area information for Morro Bay, CA 93442

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Morro Bay, CA 93442

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

71° September
Hottest Average Month

39° January
Coldest Average Month
5,599 Total Households in Area
18.4%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Morro Bay, CA 93442

Morro Bay, CA 93442 has a population of 11,822 people in 5,599 households with a median age of 50.1 years old.

Up 0.8%
Increase in population
since the year 2010

Population is Trending up
5,434
Total households as of 2010
Up
7.2%

Community Population By Age

Community Population By Ethnicity

White 77%
Hispanic 17%
Other 7%
Asian 3%
Black <1%
Native American <1%

Economics
for Morro Bay, CA 93442

244 /sq mi
Population Density
$88,648 /yr
Median Household Income
$1,040,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 81%
  • Work from Home 13%
  • Walk or Bike 6%
  • Public Transit 1%

Occupancy by Type

Owned 3,334 46%
Rented 2,265 31%
Vacant 1,621 22%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Family & Education Facts
for Morro Bay, CA 93442

50.1 Median Age

Average Household Size

2.1
persons per
household

43.8%

Married Households

Community Population By Education

Some College 25%
Bachelors Degree 25%
Graduate Degree 20%
High School Graduate 14%
Associates Degree 10%
Some High School 7%

Household Family Expenses vs National Average

18.4% of households have children

Weather
for Morro Bay, CA 93442

The weather for this area ranges from a high of 71° F in September to a low of 39° F in January

71° September
Hottest Average Month
39° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
39°
62°
Feb
41°
64°
Mar
42°
65°
Apr
43°
64°
May
46°
65°
Jun
49°
68°
Jul
52°
69°
Aug
52°
70°
Sep
51°
71°
Oct
47°
70°
Nov
42°
69°
Dec
39°
63°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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