The largest lot in the subdivision is 10,070 sq ft with utilities and approved plans only. Approved plans are for a 2,840 sq ft, 4-bedroom, 3-bath home plus a 1-bedroom, 1-bath ADU. This premium parcel offers extra space and flexibility, with full Coastal Commission approval and easy access to The Cloisters' trails and beachfront. This offering includes a complete development package: approved architectural plans, thoughtfully designed landscaping, and detailed construction documents, so the groundwork is already laid for a smooth, successful build. Nestled between the desirable Beach Tract and Cloisters neighborhoods, on the ocean side of Hwy 1, this fully approved five-lot subdivision offers a rare chance to own a piece of one of Morro Bay's most sought-after coastal areas. The lot is being prepped for further improvement, making it an ideal opportunity for builders, investors, or individual buyers looking to create a custom coastal home. (LOT 3) The purchase price includes only the vacant lot and approved plans/documentation. Construction of the home, site improvements, permits, utility connections, impact fees, and other building costs are the responsibility of the buyer unless otherwise expressly stated. AI-generated renderings are for illustrative purposes only and do not depict the actual home. Final design, materials, finishes, landscaping, and features may vary.
Details
MLS #
SC26164997
Listing Type
For Sale
Sub-Type
New Construction
Status
Coming Soon
Listing Provided By
Ciano Real Estate, Inc. | Frankie Ciano
Features
Acreage
0.23
Water Front
Yes
Property View
Yes
Exterior
Lot Features
Cul De Sac, Level, Yard
Utilities
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Electric
Electricity On Property, Standard
Sewer
Public Sewer
Location
Community Features
Biking, Curbs, Fishing, Gutters, Storm Drains, Street Lights, Sidewalks, Water Sports
Area Information
State
CA
County
San Luis Obispo
City
Morro Bay
Zip Code
93442
Area
MRBY Morro Bay
Community Name
Cloisters(740)
Listing VS Median (in Cloisters(740))
Price: $875,000
low | high
Med: $0
On site: -9
low | high
Med:
Sourced by Back At You
Market Activity 93442
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 7
Avg $ Per SqFt: $650.19
Min Sale Price: $365,000
Max Sale Price: $1,375,000
Med Sale Price: $1,075,000
Date: Jul 2026
Sales: 10
Avg $ Per SqFt: $614.79
Min Sale Price: $355,000
Max Sale Price: $1,336,850
Med Sale Price: $825,000
Date: Jun 2026
Sales: 10
Avg $ Per SqFt: $553.56
Min Sale Price: $415,000
Max Sale Price: $1,618,000
Med Sale Price: $950,000
Date: May 2026
Sales: 14
Avg $ Per SqFt: $631.97
Min Sale Price: $315,000
Max Sale Price: $1,250,000
Med Sale Price: $808,675
Date: Apr 2026
Sales: 14
Avg $ Per SqFt: $617.43
Min Sale Price: $169,000
Max Sale Price: $2,184,600
Med Sale Price: $900,250
Date: Mar 2026
Sales: 10
Avg $ Per SqFt: $704.7
Min Sale Price: $735,000
Max Sale Price: $1,925,000
Med Sale Price: $1,250,000
Date: Feb 2026
Sales: 5
Avg $ Per SqFt: $668.53
Min Sale Price: $584,000
Max Sale Price: $1,775,000
Med Sale Price: $770,000
Date: Jan 2026
Sales: 10
Avg $ Per SqFt: $873.11
Min Sale Price: $450,000
Max Sale Price: $2,589,000
Med Sale Price: $925,000
Date: Dec 2025
Sales: 17
Avg $ Per SqFt: $465.83
Min Sale Price: $1,500
Max Sale Price: $989,000
Med Sale Price: $459,000
Date: Nov 2025
Sales: 9
Avg $ Per SqFt: $711.05
Min Sale Price: $680,000
Max Sale Price: $1,400,000
Med Sale Price: $825,000
Date: Oct 2025
Sales: 10
Avg $ Per SqFt: $574.29
Min Sale Price: $231,000
Max Sale Price: $1,155,000
Med Sale Price: $737,000
Sourced by Back At You
Aug 2026
Sales:
7
Avg $ Per SqFt:
$650.19
Min Sale Price:
$365,000
Max Sale Price:
$1,375,000
Med Sale Price:
$1,075,000
Jul 2026
Sales:
10
Avg $ Per SqFt:
$614.79
Min Sale Price:
$355,000
Max Sale Price:
$1,336,850
Med Sale Price:
$825,000
Jun 2026
Sales:
10
Avg $ Per SqFt:
$553.56
Min Sale Price:
$415,000
Max Sale Price:
$1,618,000
Med Sale Price:
$950,000
May 2026
Sales:
14
Avg $ Per SqFt:
$631.97
Min Sale Price:
$315,000
Max Sale Price:
$1,250,000
Med Sale Price:
$808,675
Apr 2026
Sales:
14
Avg $ Per SqFt:
$617.43
Min Sale Price:
$169,000
Max Sale Price:
$2,184,600
Med Sale Price:
$900,250
Mar 2026
Sales:
10
Avg $ Per SqFt:
$704.7
Min Sale Price:
$735,000
Max Sale Price:
$1,925,000
Med Sale Price:
$1,250,000
Feb 2026
Sales:
5
Avg $ Per SqFt:
$668.53
Min Sale Price:
$584,000
Max Sale Price:
$1,775,000
Med Sale Price:
$770,000
Jan 2026
Sales:
10
Avg $ Per SqFt:
$873.11
Min Sale Price:
$450,000
Max Sale Price:
$2,589,000
Med Sale Price:
$925,000
Dec 2025
Sales:
17
Avg $ Per SqFt:
$465.83
Min Sale Price:
$1,500
Max Sale Price:
$989,000
Med Sale Price:
$459,000
Nov 2025
Sales:
9
Avg $ Per SqFt:
$711.05
Min Sale Price:
$680,000
Max Sale Price:
$1,400,000
Med Sale Price:
$825,000
Oct 2025
Sales:
10
Avg $ Per SqFt:
$574.29
Min Sale Price:
$231,000
Max Sale Price:
$1,155,000
Med Sale Price:
$737,000
MLS#: SC26164997 Listed By: Frankie Ciano - Ciano Real Estate, Inc. - 8057719779- frankie@cianorealestate.com
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MLS#: SC26164997 Listed By: Frankie Ciano - Ciano Real Estate, Inc. - 8057719779- frankie@cianorealestate.com