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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



INVESTMENT HIGHLIGHTS
- High producing trees
- Development potential
- Good water
- Additional plantable acres
EXECUTIVE SUMMARY
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 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 350.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | AG - Agriculture | ||
| Price | $20,938,801 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 350.00 AC |
| No. Stories | 1 |
| Zoning | AG - Agriculture |
1 LOT AVAILABLE
Lot
| Price | $20,938,801 CAD | Lot Size | 350.00 AC |
| Price Per AC | $59,825.14 CAD |
| 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
| Parcel Number | 073-069-021 | Improvements Assessment | $1,903,681 CAD |
| Land Assessment | $96,368 CAD | Total Assessment | $2,000,048 CAD |
PROPERTY TAXES
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1800 Atascadero Rd - Morro Creek Ranch & Estate
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