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1338 Atascadero Road, Morro Bay
$2,750,000
PI26134619 MLS ⋅ Active Status ⋅ The Lodge BLDG.
8,000± SF Event Center on Highway 41 — For Sale at $2,750,000 ($343.75/SF) Sale Terms & Flexible Financing Seller financing available — own with favorable terms and without conventional bank financing Lease-to-own / lease option structures are available for qualified buyers. Flexible, creative deal structures Morro Bay's most distinctive gathering spaces at an exceptional price, just $343.75 per square foot — Freestanding event center on 2.9 acres offers turnkey space at a fraction of replacement cost and well below typical improved-commercial pricing on California's Central Coast. Located just minutes from the beach, downtown Morro Bay. The main hall occupant load of up to 573 standing, 409 in auditorium seating, or 191 seated at tables — A separate Family Room seats up to 50, and the floor plan includes a commercial-style kitchen, stage, restrooms, office, and on-site storage, plus a flexible ±2,400 SF wing. A standout amenity: on-site overnight RV parking is permitted for lodge events (ZON2024-01154) — a rare feature allowing multi-day gatherings to stay on-site. Major Recent Improvements The current ownership has invested significantly in the property, delivering a turnkey building with major systems and curb appeal already addressed: New asphalt, New landscaping, Fresh exterior paint, and new windows. While proven as a wedding and banquet venue, SLO County approved for broad slate of permitted uses, widening the field of potential owner-operators well beyond traditional event hosting: Meetings, conferences, and community gatherings Weddings, parties, and catered events Auctions and periodic sales Dances, musical performances, stage plays, and movie showings Fashion shows, art festivals, and collector shows Fundraisers, political meetings, and polling place use Religious and cultural events, funerals, and memorials Distribution center and storage use Private membership club activities and emergency shelter use Owner-occupant events or hospitality business, a church or congregation, an auction house, a performing-arts or fitness/dance operation, a training provider, a nonprofit, or a membership organization. Buyers should confirm their intended use with the County. Value-Add Potential: The parcel includes existing mobile home/RV spaces recognized as a legacy use; any expanded RV or camping operation would be subject to SLO County permitting, offering a savvy buyer a path to additional upside beyond the core event-center business.

1338 Atascadero Road, Morro Bay

2440 Little Morro Creek, Morro Bay
$12,000,000
3 Beds ⋅ 2 Baths ⋅ SN26083575 MLS ⋅ Active Status
Set just 3.5 miles from the Pacific Ocean near Morro Bay, CA, the remarkable 2,298 ± acre Little Morro Creek Ranch embodies the pioneering spirit of California’s Central Coast, where sweeping landscapes meet a rich sense of history. Early settlers traveling west arrived here at what once felt like the very edge of the world and, in doing so, defined California as a place of opportunity and new beginnings. That legacy still lingers in the land today, carried in its open expanses and endless horizons. Rising across the skyline are the iconic Nine Sisters, a chain of ancient volcanic peaks that shape the region’s identity. From Morro Rock at the coastline to the inland summits, these landmarks create a dramatic and unmistakable backdrop. The ranch’s diverse terrain supports abundant wildlife and offers exceptional outdoor recreation, including hunting, horseback riding, hiking, or simply exploring the wide-open landscape. Several highly productive developed springs, seasonal creeks, and small reservoirs enhance both the natural beauty and water resources of the property. Designed for both function and longevity, Little Morro Creek Ranch can support approximately 150–200 cow-calf pairs year-round, depending on rainfall. The ranch borders National Forest along its northern and eastern boundaries. 60 ± acres of fertile Class II soils offer ample planting opportunities. The well-equipped and well-maintained headquarters features a manufactured caretaker home with a detached shop, domestic wells, a recently improved barn with power and lighting, a large equipment shed, pipe corrals, a hydraulic squeeze chute, outbuildings, cross and perimeter fencing. The property is also enrolled in the Williamson Act, supporting its long-term agricultural use and stewardship. A rare offering along California’s storied Central Coast, this ranch represents both a connection to the past and an opportunity for the future. With its blend of natural beauty, productive capacity, and enduring legacy near Morro Bay, it stands as a ranch of uncommon scale and character.

2440 Little Morro Creek, Morro Bay

Atascadero Road, Morro Bay
$3,900,000
SC23145620 MLS ⋅ Active Status
Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.

Atascadero Road, Morro Bay

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.

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