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Prime Development Opportunity - 1151 Main St, Morro Bay, CA 93442 Exceptional commercial lot located just three short blocks from the Embarcadero, offering unmatched visibility and accessibility. With convenient access to Highway 1 and flexible mixed-use zoning, this property opens the door to a wide range of development possibilities. The lot is ideally suited for a two-story project, taking full advantage of potential ocean and Morro Rock views. Whether you're envisioning retail, office, or residential use, the location and zoning allow for creative flexibility. Opportunities like this are rare in Morro Bay, especially in such a tightly restricted growth area. Don't miss your chance to secure a standout property in one of the Central Coast's most desirable communities.
Listing agent: Karla Salazar DRE #01764441 kpalhomes@gmail.com, Listing office: Capitol Real Estate Group, Inc
MLS data updated 10/24/2026, 2:48:47 PM PT
Source: CRMLS, MLS #: SC26089501
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 24, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$328,900Original asking price · Apr 24, 2026ZIP 93442 · Apr 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.