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Outstanding Bay front lot. Spectacular Morro Rock views and all of Morro Bay skyline. Entrance to Montana de Oro hiking at the end of the street. Sea Pines Golf Resort is nearby. Easy access to local shopping, restaurants, Morro Bay Marina and Waterfront. Large level lot that is raised on a low bluff with wetlands, marsh, abundant bird and marine life. Great opportunity to build quickly - at time of listing the County stated that the property was #55 on the building permit waitlist. Buyer is advised to independently verify development potential. NOTE: ADJACENT LOT IS CURRENTLY FOR SALE AND BOTH LOTS CAN BE PURCHASED TOGETHER. 224 BUTTE DR. County is in favor of one buyer for both lots, and verbally stated they will grandfather the water equivalency to both lots and grandfather the #55 on the wait list to both lots.
Listing agent: Helio Fialho DRE #00905371 helio.bigblockrealty@gmail.com, Listing office: LPT Realty, Inc.
MLS data updated 10/21/2026, 8:52:19 AM PT
Source: CRMLS, MLS #: PI26062594
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 30, 2026
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This home · nearest recorded event
$449,000Asking price recorded · Jul 30, 2026ZIP 93402 · Jul 2026
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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.
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