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    Morro Bay, CA Residential Land & Home Lots for Sale

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    Los Osos, CA Cayucos, CA San Luis Obispo, CA
    Ready-to-Build Morro Bay View Lot
    $405,000
    2,639.74 Acres
    Ready-to-Build Morro Bay View Lot

    563 Zanzibar, Morro Bay, CA 93442

    Permitted lot ready for immediate construction of a custom home.
    • 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.
    Updated: May 6
    View details
    Corner Residential Lot
    $275,000
    2,400.00 Acres
    Corner Residential Lot

    497 Oahu Street, Morro Bay, CA 93442

    Buildable corner lot with an elevated setting and ocean views in a R1 zoning area.
    • Corner lot at 497 Oahu Street in Morro Bay, located at the top of the street
    • 2,400 SF parcel with an elevated setting and ocean views
    • Utilities available at the site
    • Convenient access to beaches, waterfront dining, outdoor recreation, and downtown amenities
    • Buyer to verify all development potential with the City of Morro Bay
    Updated: Jun 1
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    Morro Bay Land with Views
    $499,000
    20,038.00 Acres
    Morro Bay Land with Views

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

    670 Sequoia Court, Morro Bay, CA 93442

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    Morro Bay Land with Views
    $395,000
    6,000.00 Acres
    Morro Bay Land with Views

    6,000 sq ft lot near beach with ocean views.

    2900 Alder Avenue, Morro Bay, CA 93442

    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Los Osos Coastal Retreat Parcel
    $175,000
    6,250.00 Acres
    Los Osos Coastal Retreat Parcel

    6,250 sq ft parcel near Baywood Park and Sweet Springs.

    1717 5th, Los Osos, CA 93402

    View details
    Ocean View Cayucos Buildable Lot
    $159,000
    3,000.00 Acres
    Ocean View Cayucos Buildable Lot

    Buildable downslope lot in Cayucos with ocean views.

    265 Cerro Gordo, Cayucos, CA 93430

    View details
    Bayfront Double Lot Opportunity
    $300,000
    8,000.00 Acres
    Bayfront Double Lot Opportunity

    Rare double lot with Back Bay frontage in Los Osos.

    0 Garden Street, Los Osos, CA 93402

    View details
    Residential Lot Near Cayucos Beach
    $49,900
    2,632.00 Acres
    Residential Lot Near Cayucos Beach

    Residential lot near the beach, ideal for a dream home.

    3096 Gilbert Avenue, Cayucos, CA 93430

    View details

    Morro Bay, CA Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 4 residential land & home lots for sale in Morro Bay, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,574,000.

    Sale prices for home sites in Morro Bay, CA start at $275,000, averaging $393,500, and reaching up to $499,000 — 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

    Commercial land 8
    Residential land & home lots 4
    Recreation land 2
    Agricultural land / Farmland 1
    Waterfront Land 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 $433K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Luis Obispo County

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