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    Morro Bay, CA
    Waterfront

    Morro Bay, CA Waterfront Land for Sale

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    Los Osos, CA Cayucos, CA San Luis Obispo, CA Atascadero, CA Templeton, CA Harmony, CA Santa Margarita, CA Avila Beach, CA
    Commercial Land with Beach Front
    Updated: Aug 1, 2023
    Commercial Land with Beach Front

    Atascadero Road, Morro Bay, CA 93442

    $3,900,000
    3.73 AC lot
    3.73 acres of commercial land
    Beach Front waterfront designation
    CVS zoning for commercial visitor‑serving use
    Public water service available
    Atascadero Road location in Morro Bay, CA 93442
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    Oceanfront Ranch Land
    Updated: Apr 11
    Oceanfront Ranch Land

    5010 Cabrillo Hwy, Morro Bay, CA 93442

    Contact for pricing
    Over 357‑acre Alexander Ranch between Cayucos and Harmony, with ocean/coastal frontage and inland acreage divided by Highway 1
    Main single‑family residence offers 2 bedrooms, 2.5 bathrooms, over 2,295 sq ft, basement, attached carport (up to 3 vehicles), and detached studio/workshop
    Ranch includes several mobile home farmsteads plus miscellaneous buildings
    Extensive abalone farm and facilities on 16 acres, with facilities leased for 30 years at $61,200 per quarter
    Historically operated as a livestock ranch with corrals near the main gate
    View details
    See what stands out in San Luis Obispo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront-Adjacent Residential Lot
    Waterfront-Adjacent Residential Lot

    1574 5th St, Los Osos, CA 93402

    $195,000
    9,375.00 AC lot

    Residential development lot steps from the water, with a sewer lateral already installed.

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    Ocean-View Land Parcel
    Ocean-View Land Parcel

    3296 Gilbert, Cayucos, CA 93430

    Contact for pricing

    Parcel offers ocean view potential and is not currently buildable, presenting long-term possibilities in Cayucos.

    View details
    Lot/Land
    Lot/Land

    1120 Pasadena Drive, Los Osos, CA 93402

    $395,000

    Waterfront Land

    View details
    Waterfront Land with Ocean Views
    Waterfront Land with Ocean Views

    588 Chaney Avenue, Cayucos, CA 93430

    $150,000

    Sizable waterfront lot with Pacific Ocean views, zoned RL, located on a privately maintained section of Chaney Ave.

    View details

    Morro Bay, CA Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 162,479 square feet of properties for sale, with an estimated market value of $3,900,000.

    Sale prices for water rights properties in Morro Bay, CA average $3,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 18
    Commercial land 11
    Waterfront Land 4
    Recreation land 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.3%
    Median Household Income $92,163
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93442 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Morro Bay, CA

    • 93442

    Featured Morro Bay Real Estate Agencies

    Realmo connects you with licensed Morro Bay CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Franklin Real Estate & Rentals
    798 Morro Bay Boulevard Morro Bay, CA 93442
    Phone: 18057724277
    www.thefranklinteam.com/

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