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Shovel-Ready Residential Lot
For Sale
$405,000

563 Zanzibar Street, Morro Bay, CA 93442

Permit-ready lot with in-hand approvals for immediate construction of a planned two-story residence.

Property SizeContact for details
Days on Market110

Property Features for 563 Zanzibar Street

General Information

Standard status Active
Property subtype Lot/Land
Zoning SFR
Listing Agency: Central Coast Real Estate
Listed By: Catherine Stone · License #00917365
Source: Compass
Added: May 5 Changed: Aug 8 Last Checked: May 8 at 8:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Coast Real Estate

Investment Insights

Based on property information with market context.

This shovel-ready residential lot is being offered with permits in hand and all fees paid, allowing you to move directly to construction without the typical waiting period. The approved plans call for a custom two-story home with 3 bedrooms, 2 full baths, and a 2-car garage. The planned residence is approximately 1,880 square feet, set on an approximately 2,640 square foot lot.

Located in Morro Bay at 563 Zanzibar Street, the property is described as a Central Coast view lot with the potential for sunset views of Morro Rock and ocean waves from the second story. The location also provides easy access to the beach and nearby amenities in Morro Bay and Cayucos, with access to Highway 1 for travel along the Central Coast.

Once completed, the plans are positioned to deliver coastal scenery from the upper level while keeping the footprint aligned with the approved two-story design.

Key Highlights

  • Permit‑ready Morro Bay lot with approved plans, in‑hand permits, and all fees paid for immediate construction.
  • Planned two‑story custom home design totals 1,880 SF with 3 bedrooms, 2 bathrooms, and a 2‑car garage.
  • Lot size is 2,640 SF.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Electrical Service Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby

Demographics for 93442, CA

11,390
Population
6,537
Households
1.7
Avg Household Size
54
Median Age
45%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
256
Density / Sq Mi
$92,163
Median Household Income
$50,651
Median Earnings
$1,815
Median Rent
$870,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Permit-ready lot with in-hand approvals for immediate construction of a planned two-story residence.
Where is this residential land & home lot located?
The property is located at 563 Zanzibar Street Morro Bay, CA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Permit‑ready Morro Bay lot with approved plans, in‑hand permits, and all fees paid for immediate construction.; Planned two‑story custom home design totals 1,880 SF with 3 bedrooms, 2 bathrooms, and a 2‑car garage.; Lot size is 2,640 SF.
More about this property
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