Current Use by Public Records
- Land
Property Details for 0 3 St
- Lot size
- 538.00 lot acres
- Property type
- Land
Description
This exceptional 538-acre property presents a rare opportunity to acquire a significant coastal landholding in Morro Bay, California. Located in San Luis Obispo County, with a Baywood-Los Osos address (3rd St, 93402), this land is zoned for recreational use (APN: 074-011-009). The property's unique characteristic lies in its composition of entirely tide and submerged lands, situated south of the city of Morro Bay. This makes it an unparalleled asset for environmental initiatives, offering a significant opportunity for habitat preservation or ecological restoration projects. The asking price for this one-of-a-kind coastal preserve is $7,000,000. Given its size and unique location, this property represents a truly exceptional investment in California's coastal environment, a chance to protect and preserve a significant piece of the state's natural heritage. The property's coastal location offers unparalleled views and access to the natural beauty of the Morro Bay area. This is a chance to own a piece of California's irreplaceable coastline, ideal for conservation-minded buyers seeking a legacy investment. The property's unique zoning and location make it a truly exceptional and irreplaceable asset.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baywood-Los Osos
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.844
- Latitude
- 35.3298
