Description
Rare investment and development opportunity. Fully approved 5 lot subdivision in Morro Bay's most highly regarded beachside neighborhood, The Cloisters. The one-acre parcel located west of Hwy 1 is ready for improvement. Featured nationally in Coastal Living magazine, The Cloisters encompasses 84 acres, with 57 acres of open space preserve, a one-acre public park, and over two miles of paved trails, including beach access. Upon the initial offering, all 120 homes and sites at the Cloisters sold out quickly. Now, a once-in-a-lifetime opportunity opens up again. Sale includes a full set of approved architectural plans, landscape plans, construction documents, Coastal Commission approval, and permits - good through February 2025. Demand for single-family homes in this beachside community is high so take advantage of this favorable time, and be a part of history!
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0BEDS
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0.99ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rare investment and development opportunity. Fully approved 5 lot subdivision in Morro Bay's most highly regarded beachside neighborhood, The Cloisters. The one-acre parcel located west of Hwy 1 is ready for improvement. Featured nationally in Coastal Living magazine, The Cloisters encompasses 84 acres, with 57 acres of open space preserve, a one-acre public park, and over two miles of paved trails, including beach access. Upon the initial offering, all 120 homes and sites at the Cloisters sold out quickly. Now, a once-in-a-lifetime opportunity opens up again. Sale includes a full set of approved architectural plans, landscape plans, construction documents, Coastal Commission approval, and permits - good through February 2025. Demand for single-family homes in this beachside community is high so take advantage of this favorable time, and be a part of history!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-25T12:29:18.767. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Levi Knapp Real Estate | Keller Williams Luxury Homes. Licensed in the State of California, USA.