$450,000
$450,000
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5.4 Acres Lot
SOLD DATE : 10/09/2024
Key Details
Sold Price $450,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Morro Del Mar(800)
MLS Listing ID SC23076250
Sold Date 10/09/24
HOA Y/N No
Lot Size 5.400 Acres
Property Description
Want to build? Make an offer! This lot is perfect for almost any style home. Maybe add an ADU, a barn, a shop, and white rail fencing on the lot lines and your estate can be seen when driving up, or down the coast, or from the air. This unique 5-acre parcel is the remaining part of the Sequoia Ct Tract of ten half-acre lots, with custom homes that average over 3000 sq ft in size. This Tract 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. All utilities are buried in the street and accessible to connect to the lot. There are no HOA monthly dues or road maintenance fees. 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 still controls the CC&Rs and may allow an ADU unit, barn, and shop for this lot only. 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. Call the Morro Bay Planning Department for all the details to build.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning RAG
Interior
Fireplace No
Exterior
Community Features Biking, Dog Park, Foothills, Fishing, Golf, Hiking, Park
View Y/N Yes
View Ocean
Building
Lot Description Cul-De-Sac, Flag Lot, Irregular Lot, Near Park, Sloped Up
Water Public
New Construction No
Others
Senior Community No
Tax ID 0651499022
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Jack Franklin • Franklin Real Estate & Rentals
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Broker Associate | Lic# 01905244