1188 Allesandro St, Morro Bay, CA

Name: 1188 Allesandro St, For Sale in Morro Bay - eXp Commercial Brokerage
Brand: Gold Group Realty
SKU: SN25106626
Price: 549000 CAD

House

For Sale

$--,---,---

210

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 808 sqft

Garage No

Taxes

Days Active 32

Lot Size

Approx. Age 1947

Avg. Price Per Sqft $679

MLS® Number SN25106626

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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 Central Coast. The location is a standout—bordering the peaceful greenery of the State Park while remaining just a short drive from downtown Morro Bay’s shops, restaurants, and waterfront activities. With easy access to Highway 1, commuting to San Luis Obispo, Cambria, or other neighboring beach towns is a breeze. Whether you’re a seasoned investor or a first-time builder looking for a special place to create something extraordinary, this property offers unmatched potential in a prime location. Don’t miss this chance to secure a piece of coastal California with flexibility, privacy, and strong future returns. Please note: Property is being sold for land value only. Adjacent lot available under separate listing. ***DANGER! DO NOT ATTEMPT TO ENTER ANY STRUCTURES DUE TO VERY HAZARDOUS CONDITIONS**Show Description

MLS® NumberSN25106626

Laundry LevelNone

Central VacNo

FireplaceNo

Acreage0.1545

Exterior

GarageNo

Approx. Age1947

Basement

Driveway

Garage Spaces

Heat

A/CNone

Heating Fuel

Extras

Similar Listings

Get notified of price or status changes by saving this listing