$845,000

An 8,787 sq ft lot with utilities and approved plans only. Approved plans are for a spacious 2,840 sq ft home with 4 bedrooms and 3 baths, plus a detached 1-bedroom, 1-bath ADU, ideal for multigenerational living, rental income, or a private guest suite. Development-ready, with proximity to The Cloisters' preserved open space and beach trails. This offering includes a complete development package: approved architectural plans, thoughtfully designed landscaping, and detailed construction documents, so the groundwork is already laid for a smooth, successful build. Nestled between the desirable Beach Tract and Cloisters neighborhoods, on the ocean side of Hwy 1, this fully approved five-lot subdivision offers a rare chance to own a piece of one of Morro Bay's most sought-after coastal areas. The lot is being prepped for further improvement, making it an ideal opportunity for builders, investors, or individual buyers looking to create a custom coastal home. (Lot 2) The purchase price includes only the vacant lot and approved plans/documentation. Construction of the home, site improvements, permits, utility connections, impact fees, and other building costs are the responsibility of the buyer unless otherwise expressly stated. AI-generated renderings are for illustrative purposes only and do not depict the actual home. Final design, materials, finishes, landscaping, and features may vary.