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Michelle & Bradley Kapture

michelleandbradleykapture@gmail.com +1(818) 943-9633

Listed by April Noessel • Gold Group Realty

$ 549,000

Est. payment -/mo

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1188 Allesandro St Morro Bay, CA 93442

2 Beds

1 Bath

808 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 808 sqft

Price per Sqft $679

MLS Listing ID SN-25106626

Bedrooms 2

Full Baths 1

Year Built 1947

Lot Size 6,730 Sqft

Property Sub-Type Single Family Residence

Property 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**

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Zoning 60

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Pool None

Community Features Biking, Curbs, Fishing, Hiking, Park, Preserve/Public Land, Sidewalks, Suburban, Watersports

View Y/N Yes

Building

Lot Description Corners Marked, Front Yard, Level, Lot 6500-9999, Park Nearby, Rectangular Lot, Tear Down, Utilities - Overhead, Value In Land, Walkstreet, Yard, 0-1 Unit/Acre, Back Yard

Sewer Public Sewer

Michelle & Bradley Kapture

Agent | License ID: 02160991

+1(818) 943-9633

Michelle & Bradley Kapture

1188 Allesandro St Morro Bay, CA 93442

Key Details

Location

Interior

Exterior

Building

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1188 Allesandro St