660 Sequoia Court, Morro Bay, CA 93442

$750,000
List Price
$750,000
Price Change
▼ $500,000 1691876297
Status
ACTIVE
MLS#
SC23076250
Lot Size
235,224
Acres
5.40
Lot Location
Cul-De-Sac, Flag Lot, Irregular Lot, Near Park, Sloped Up
Days on Market
355
Property Type
Land
Neighborhood
Morro Del Mar(800)

Property Description

Drastic price reduction! Imagine this 5-acre parcel improved with a custom home, barn, shop, and white rail fencing on the lot lines. Your estate will be seen for miles when driving up, down the coast, or from the air. This unique parcel is the remaining part of the Sequoia Ct tract of ten half-acre lots, and custom homes that average over 3000 sq ft in size. The entire subdivision is outside of the Coastal Commission Zone, but inside the City Limits and includes all city services and all public utilities. The subdivision is very private, and wildlife of deer, quail, rabbits, hawks, and Monarch butterflies abound. The ocean views are unobstructed. There are no HOA monthly dues or road maintenance. This is a flag lot, which from the air looked like an arrowhead. All four corners are staked, and a building pad is roughed in. A copy of the CC&Rs and the original soil report from Geo-Solutions is attached as a supplement. The Buyer will need to negotiate a fee directly with Geo Solutions to upgrade the reports when applying for a building permit. However, the fee will be less costly than the original reports. The original developer controls the CC&Rs and will allow the ADU unit. With an updated soil report and a full set of house plans, you should be able to secure a building permit within 6 to 9 months. You also have the option to add a separate ADU "accessory dwelling unit" for Mom and Dad. Call the Morro Bay Planning Department for all the details to build.

Additional Information

View
Ocean
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Jack Franklin (jack@thefranklinteam.com) from Listing Office: Franklin Real Estate & Rentals.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.