545 Atascadero Road
Morro Bay, CA 93442
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Rare Ocean View Development Opportunity in Morro Bay: Welcome to 545 Atascadero Road — a prime 25,000 sq ft (0.57 acres) ocean view lot in one of Morro Bay’s most coveted neighborhoods. This expansive and gently sloped rectangular parcel is zoned R4 for high-density residential development, offering a rare opportunity to build a legacy property just minutes from the Pacific Ocean. Surrounded by well-established, high-value homes, this site is one of the last remaining infill development opportunities within city limits. The lot’s central location provides easy access to Highway 41, and is ideally situated less than a mile to the beach and just over a mile to Morro Bay’s vibrant Downtown shops, restaurants, and Embarcadero. With its favorable topography, panoramic views, and versatile zoning, this property is perfect for investors, developers, or visionaries looking to create a multi-unit residential project on California’s iconic Central Coast. Whether you’re planning a luxury townhouse development or long-term income property, this land delivers exceptional potential in a location that continues to grow in value and appeal. Don't miss this chance to shape the future of Morro Bay.
Last checked:
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Last updated Jul 15, 2025
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MLS# SC25158206 —
The Building
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New Construction:No
Location
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Directions:400 Feet North-East from the corner of Hill Street & Atascadero Road. Located on the frontage road, not directly on Highway 41.
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Latitude:35.38263900
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Longitude:-120.85187100
The Property
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Property Type:Land
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Zoning:60
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Lot Features:Gentle Sloping, Lot 20000-39999 Sqft, Rectangular Lot, Up Slope from Street, Value In Land
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Lot Size Area:25000.0000
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Lot Size Acres:0.5739
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Lot Size SqFt:25000.00
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Lot Size Source:Assessor
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View:1
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View:Dunes, City Lights, Coastline, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Park/Greenbelt, Water
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Fencing:Average Condition
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Current Use:Unimproved
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Road Frontage:City Street
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Road Surface Type:Paved
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:130.00
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Tax Lot:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:068231016
Utilities
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:Other
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Features:Biking, Curbs, Dog Park, Fishing, Sidewalks, Street Lights, Suburban
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Association:No
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Senior Community:No
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Assessments:Unknown
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/14/25
Jul 14, 2025
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Listed / Active | CRMLS_CA | $495,000 |
