1800 Atascadero Road Morro Bay, CA $ 12,000,000
1800 Atascadero Road
$ 12,000,000
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1800 Atascadero Road

Morro Bay, CA, 93442
$ 12,000,000
Bedrooms4 Baths0.0 Sq 2,500

Monthly Estimate*

$ 75,769

Listed by JoAnn Wall, Broker
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View a Virtual Tour

Multi-Family Home for sale in Morro Bay, CA

for $12,000,000 with 4 bedrooms. This 2,500 square foot home was built in 1990 on a lot size of 310.

Welcome to this Central Coast Avocado Ranch, a rare 310-acre agricultural gem in the heart of California’s Central Coast. This income-producing ranch is equipped with 7 wells and riparian rights from Morro Creek, ensuring a sustainable and abundant water supply to support its thriving avocado orchards. With over 100 acres already planted, this property also features three income-producing rental units and a quaint roadside store, offering multiple revenue streams. Expansion opportunities abound, including additional plantable acres, a potential online retail operation, and four additional homesites with stunning views of Morro Rock. UPDATE: Main House with 40 acres is excluded from this listing; however, it can be included with additional consideration. There are other rental properties including a leased duplex and two labor houses.

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Multi-Family Active

Price

$ 12,000,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

310

Year Built

1990

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

NS25061509

Days on Market

556

Features
General
Living Area 2500
Sewer Engineered Septic Septic Type Unknown
Heating Fireplace(s)
Cooling See Remarks
Zoning Agriculture
HOA Fee 0
Garage Spaces 2
Pool Features None
Exclusions 2025 crop (Negotiable with Reimbursement of PTD Farming Expenses)
Year Built 1990
Electric 220 Volts in Workshop
View Canyon Landmark Marina Ocean Orchard Panoramic Creek/Stream Water
Stories Count 1
Levels One
Property Subtype Duplex
Waterfront Features Creek
Community Features Hiking Mountainous Rural
Additional Parcels Description 073-069-018 073-069-019
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North side of Hwy 41W. Do not attempt to drive onto the private portion of the property without the agent.
City Morro Bay
Disclosures Coastal Zone
Entry Location Ground
Senior Community Y/N false
High School District Coast Unified
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Acres
Lot Size Square Feet 13503600
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N true
Lease Considered Y/N false
Virtual Tour https://youtu.be/tsZ7ESn5M_4 https://youtu.be/w3uaLLgvT7A
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Owner
Property Sub Type Additional Single Family Residence
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Interior
Fireplace Features See Remarks
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
1/4 Baths 0
3/4 Baths 0
Laundry Features See Remarks
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 4
Main Level Bathrooms 3
Total Baths 0
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Exterior
Fencing Livestock Security
Lot Features Agricultural Orchard(s)
Water Source Agricultural Well Other Well
Total Parking 2
Inclusions All Equipment
Lot Size Area 310
Lot Size Acres 310
Private Pool false
Lot Size Source Owner
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* Excluded Features
List By
Joann Wall, Broker

Broker

joann@legacyandlandgroup.com

Email

Affordability Calculator

$75,769
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Monthly Principal & Interest
$75,769
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$12,000,000 -22.58% Price Down
1/27/2026$15,500,000 Listed Price

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1800 Atascadero Road, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $12,000,000 with 2,500 sqft and a lot size of 310. 1800 Atascadero Road has 4 bedrooms, 0.0 baths, and was built in 1990. The property's zip code is 93442 which is in Morro Bay, CA