Request More Info
Schedule a Showing
Share
Print
|
Drastic price reduction! Imagine this 5-acre parcel improved with a custom home, barn, shop, and white rail fencing on the lot lines. Your estate will be seen for miles when driving up, down the coast, or from the air. This unique parcel is the remaining part of the Sequoia Ct tract of ten half-acre lots, and custom homes that average over 3000 sq ft in size. The entire subdivision is outside of the Coastal Commission Zone, but inside the City Limits and includes all city services and all public utilities. The subdivision is very private, and wildlife of deer, quail, rabbits, hawks, and Monarch butterflies abound. The ocean views are unobstructed. There are no HOA monthly dues or road maintenance. This is a flag lot, which from the air looked like an arrowhead. All four corners are staked, and a building pad is roughed in. A copy of the CC&Rs and the original soil report from Geo-Solutions is attached as a supplement. The Buyer will need to negotiate a fee directly with Geo Solutions to upgrade the reports when applying for a building permit. However, the fee will be less costly than the original reports. The original developer controls the CC&Rs and will allow the ADU unit. With an updated soil report and a full set of house plans, you should be able to secure a building permit within 6 to 9 months. You also have the option to add a separate ADU "accessory dwelling unit" for Mom and Dad. Call the Morro Bay Planning Department for all the details to build.
| Last Updated | 1/9/2024 | Tract | Morro del Mar(800) |
|---|---|---|---|
| Community | Morro Bay | County | San Luis Obispo |
Price History
| Prior to Aug 12, '23 | $1,250,000 |
|---|---|
| Aug 12, '23 - Today | $750,000 |
Additional Details
| AREA | Morro Bay |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 3.000 % |
| HOA DUES | 0 |
| LOT | 5.4 acre(s) |
| LOT DESCRIPTION | Cul-De-Sac, Flag Lot, Irregular Lot, Near Park, Sloped Up |
| SUBDIVISION | Morro del Mar(800) |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
| ZONING | RAG |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Amy Daane to contact you even if your name is on a Federal or State "Do not call List". | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/24 8:16 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Twitter
Facebook
Email
