Views - Golf Course - Seller Financing
Address
535 Atascadero Road Morro Bay, CA
Price
$ 559,000
Property Attributes
  • MLS#SC21097016
  • TypeLand
  • CountySAN LUIS OBISPO
  • CityMorro Bay
  • AreaMorro Bay
  • NeighborhoodHighway 41
  • Zip93442
  • Style
  • Price$ 559,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,013 SqFt
Listing Provided Courtesy Of:
Taylor Eisemann with Beachside Rentals, Inc. - 805-748-3323
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Ready to Build! 9,013 sq. ft. corner lot located in the desirable beach town of Morro Bay! Zoned R4, Buildable for 4-5 units for townhouses or apartments, located conveniently off the 41, close to beach access, Morro Bay High School and downtown shopping and eateries. Mostly flat land, Morro Rock views and many opportunities. Sewer lateral at property line, utilities immediately accessible. Lot split complete, New APN number assigned (see parcel map attached in supplemental materials). Completed reports: Soils Engineering Report, Survey and Topo Map, Phase 1 and Phase 2 Archeology reports (no significant findings). Seller has paid $5,792 tax bond and $36,626.00 in in-lieu park fees etc. These fees are for a full build of 5 units. Price adjustment as the seller begins 2/3rds of the curb, gutter and sidewalk improvements that started on Monday July 19th. The rest of the improvements need to be completed at the time of the building permits. The seller has also resubmitted existing plans for four apartments known as Jade Cove Apartments. A 90 to 120 day escrow would be best. Ready for construction!! Easy build, don't miss this great opportunity. Seller willing to finance with 50% down with 6% interest rate.

Price History
5/8/2021 Listed $549,000

General Features

Community Features Dog Park, Fishing, Golf, Hiking, Park
Listing Agent Taylor Eisemann - BRE#02000990
Listing Agent State License 02000990
MLS Area MRBY - Morro Bay
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Subdivision Name Highway 41(770)
Terms Cash, Owner May Carry
Utilities None, Water Not Available
View Mountain(s), Peek-A-Boo, Rocks
Zoning R4

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.21
Lot Size Area 9013
Lot Size Source Survey
Lot Size Square Feet 9013
Lot Size Units Square Feet
View Y/N Yes
Water Source None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 93442

Price
AVG $760K
$560K
Visits
AVG 103
60
Walkscore
AVG 39
48
Data Provided by Walkscore ® not using MLS data

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