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    Morro Bay, CA
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    Morro Bay, CA Residential Land & Home Lots for Sale

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    12 properties
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    Ready-to-Build Morro Bay View Lot
    Updated: May 6
    Ready-to-Build Morro Bay View Lot

    563 Zanzibar, Morro Bay, CA 93442

    $369,000
    0.06 AC lot
    Shovel‑ready lot with permit in‑hand and all fees paid, allowing immediate construction.
    Approved plans for a custom 1,880 sq ft, 3‑bedroom, 2.5‑bath, 2‑car garage home.
    Rare Morro Bay view lot with sunset views of Morro Rock and the ocean from the second story.**
    Prime residential lot in a desirable Central Coast location.
    Easy access to the beach, Morro Bay, Cayucos, and Hwy 1.
    View details
    Corner Residential Building Lot
    Updated: May 30
    Corner Residential Building Lot

    497 Oahu Street, Morro Bay, CA 93442

    $275,000
    0.06 AC lot
    Corner lot at 497 Oahu Street in Morro Bay with ocean views from an elevated setting
    2,400 SF parcel located at the top of the street
    Utilities available at the site; water is available from the public water source
    Convenient access to beaches, waterfront dining, outdoor recreation, and downtown amenities
    Buyer to verify all development potential with the City of Morro Bay
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    Morro Bay Land with Views
    Morro Bay Land with Views

    670 Sequoia Court, Morro Bay, CA 93442

    $475,000
    0.46 AC lot

    Rare nearly half acre lot with incredible views in Morro Bay.

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    See hot listings in Morro Bay

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Ready-to-Build Morro Bay View Lot
    Ready-to-Build Morro Bay View Lot

    563 Zanzibar, Morro Bay, CA 93442

    $369,000
    1,880 sqft 0.06 AC lot

    Shovel-ready lot with permit in-hand for immediate construction.

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    Vacant Residential Lot with Ocean Views
    Vacant Residential Lot with Ocean Views

    2900 Alder Avenue, Morro Bay, CA 93442

    $395,000
    0.14 AC lot

    R1-zoned vacant lot in Morro Bay offering ocean and Morro Rock views near the beach and local amenities.

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    Land, Morro Bay, CA
    Land, Morro Bay, CA

    591 Dawson, Morro Bay, CA 93442

    $325,000
    0.06 AC lot

    Land · 0.06 Acres

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Development Land for Five Units
    Residential Development Land for Five Units

    541 Atascadero, Morro Bay, CA 93442

    $769,000
    0.21 AC lot

    Land is permitted for a five-unit project with final permits in place and the site ready for breaking ground.

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    Adjacent Development Land Parcels
    Adjacent Development Land Parcels

    1188 Allesandro St, Morro Bay, CA 93442

    $747,000

    Two adjacent parcels include a demo-ready home with utilities and a vacant corner lot for mixed-use development.

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    Vacant Land Parcel with Ocean Views
    Vacant Land Parcel with Ocean Views

    2900 Alder Avenue, Morro Bay, CA 93442

    $395,000
    6,000.00 AC lot

    Vacant lot near the beach with ocean and Morro Rock views for residential development opportunities.

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    Vacant Residential Lot with Views
    Vacant Residential Lot with Views

    731 Butte Ave, Morro Bay, CA 93442

    $289,500

    Vacant residential lot offers notable depth and potential views of Morro Rock and possibly the sea from a second story.

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    Land/Lot
    Land/Lot

    210 Verdon, Morro Bay, CA 93442

    $875,000

    Residential land & home lots

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    Land Lot
    Land Lot

    670 Sequoia Court, Morro Bay, CA 93442

    $475,000

    Residential land & home lots

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 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.

    Vacant Lot in Los Osos
    Vacant Lot in Los Osos

    0 16th St, Los Osos, CA 93402

    $165,000
    0.14 AC lot

    50 x 125 vacant lot in bayside Los Osos.

    View details
    Bay Front Lot Opportunity
    Bay Front Lot Opportunity

    1107 Pasadena, Los Osos, CA 93402

    $699,000

    Bay front lot with unobstructed views, permits in 2025.

    View details
    Cayucos Land with Estero Bay Views
    Cayucos Land with Estero Bay Views

    588 Chaney Avenue, Cayucos, CA 93430

    $135,000
    0.12 AC lot

    Land with views in Cayucos, California.

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    Cayucos, CA
    Cayucos, CA

    Chaney Avenue, Cayucos, CA 93430

    Contact for pricing
    0.04 AC lot

    Land · 0.04 Acres

    View details

    Morro Bay, CA Residential Land & Home Lots Market Trends and Statistics

    Explore 12 residential land & home lots for sale in Morro Bay, CA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 261,405,237 square feet of properties for sale, with an estimated market value of $5,758,500.

    Sale prices for home sites in Morro Bay, CA start at $275,000, averaging $479,875, and reaching up to $875,000 — 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 15
    Commercial land 10
    Waterfront Land 2
    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 $479.9K

    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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