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1800 Atascadero Rd - Morro Creek Ranch & Estate 350 Acres of Agricultural Land Offered at $20,938,801 CAD in Morro Bay, CA 93442

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INVESTMENT HIGHLIGHTS

  • High producing trees
  • Development potential
  • Good water
  • Additional plantable acres

EXECUTIVE SUMMARY

Morro Creek Avocado Ranch offers ±350 acres on California’s Central Coast, combining agricultural
potential with future development flexibility. The ranch includes highly productive avocado orchards
and is supported by reliable water resources.
In addition to the producing acreage, there is an opportunity to divide approximately 100 acres of
non-farmed land into five separate ±20-acre parcels. This provides both immediate farming potential
as well as long-term residential or investment opportunities.
The property also includes ±100 acres of prime, currently unused farmable land, ideal for additional
avocado, vineyard, or specialty crop plantings.
Situated just outside Morro Bay, the ranch benefits from panoramic coastal and canyon views, with
direct sightlines to Morro Rock and the Pacific Ocean. Its close proximity to Highway 41 offers easy
access to town, the harbor, and the Central Coast’s lifestyle amenities.

PROPERTY FACTS

Price $20,938,801 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Agricultural
  • Agribusiness
Total Lot Size 350.00 AC
No. Stories 1
Zoning AG - Agriculture

1 LOT AVAILABLE

Lot

Price $20,938,801 CAD
Price Per AC $59,825.14 CAD
Lot Size 350.00 AC

Morro Creek Avocado Ranch offers ±350 acres on California’s Central Coast, combining agricultural potential with future development flexibility.

DESCRIPTION

Welcome to this Central Coast Avocado Ranch, a rare 350-acre agricultural gem in the heart of California’s Central Coast. The 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. Over 100 acres are already planted in healthy, producing avocado groves, while an additional 100 acres of prime farmable land remain available for future development. Beyond agriculture, this property offers multiple income streams, including four rental units and a charming roadside store. There is also a unique opportunity to subdivide portions of the non-farmed acreage into up to five 20-acre parcels, creating further investment or lifestyle potential. With expansion opportunities that range from additional plantable acreage to a potential online retail operation and four additional homesites with stunning views of Morro Rock, this ranch offers both immediate revenue and long-term growth possibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
073-069-021
Land Assessment
$96,368 CAD
Improvements Assessment
$1,903,681 CAD
Total Assessment
$2,000,048 CAD
  • Listing ID: 37635604

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: 1800 Atascadero Rd, Morro Bay, CA 93442

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