- Status:
- Active
- MLS #:
- SC26059577
- County:
- San Luis Obispo
- Listed By:
- Joel Pace - Joel Pace Real Estate, Inc.
- Agent Phone:
- (805) 703-0778
- Agent Email:
- joelpacere@gmail.com
When R1 lots with no entitlements are sitting at $400k, this is then a HUGE Opportunity at $769,000, fully permitted and ready to go! Build a 5-unit multifamily residence and capitalize today! Excellent views for tenants, this will be a competitive rental in your portfolio. Generous cap rate based on the current market numbers. Seller financing is available. Final permits are at the city. Call today.
Highlights
- Land
- 0.2069 Acre Lot
- $0/ HOA
- 238 days on Market
-
- Acres
- 0.2069
-
- Lot Features
- Corner Lot, Gentle Sloping, Value In Land
-
- View
- Valley, Rocks
-
- Water
- Public
-
- Area
- MRBY - Morro Bay
-
- County
- San Luis Obispo
-
- City
- Morro Bay
-
- Zip Code
- 93442
-
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Similar Listings
Look Throughout Morro Bay
There are currently 72 properties available in Morro Bay, with 8 under contract to close soon. Properties in the city have an average sale price of $1,003,340 and typically spend 83 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 20 zip codes in San Luis Obispo County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 541 Atascadero?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 541 Atascadero.
They know lands in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 541 Atascadero?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $769,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Morro Bay, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 541 Atascadero?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 541 Atascadero at around $4,376. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 541 Atascadero?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in San Luis Obispo County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 541 Atascadero?
In most cases, yes. Whether 541 Atascadero is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Morro Bay's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 541 Atascadero?
We can handle that for you. Our preferred local agent specializes in lands in Morro Bay and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
541 Atascadero was listed on March 18, 2026, which means it's been on the market for 238 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
541 Atascadero sits on a 0.21-acre lot, which is 9,148 square feet.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $0.
Is 541 Atascadero still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information from California Regional Multiple Listing Service as of November 11, 2026 at 10:21AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: November 11, 2026 at 10:21AM | Source: California Regional Multiple Listing Service | MLS#: SC26059577
