EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the land located at 2900 Alder Avenue. A 5 unit, single occupancy development has been approved by the city of Morro Bay. The approved plans include a 2,400 square foot building built upon a 6,000 square foot lot. 2900 Alder Avenue has a base zoning of Neighborhood Commercial allowing the property to be developed in various ways. Neighborhood Commercial is defined by the city of Morro Bay as the following: This district is intended to provide areas for smaller-scale neighborhood commercial areas that provide goods, services, and businesses to meet the day-to-day needs of nearby residents. Residential uses are allowed above and behind commercial uses and as stand-alone development in certain areas. This property could be developed into the following: - Hotel/Motel/ADUs (currently approved for this use by city of Morro Bay) - Restaurant - Tasting Room - Offices *Please note that this is not an exhaustive list of development opportunities for 2900 Alder Ave. Please check with the city of Morro Bay for full details.
Property Details
Property Features
Listing Office:
Office Name: EverlyGrove
Office Phone: (805) 704-0334
Listing Agent: Aaron Graves
Exterior Features
Exterior Information:
View: Water
Lot Features
Lot Information:
Lot: Corner Lot, Rectangular Lot
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: FROM NORTH: Take Highway 1 South to Jacinto Street, turn left. Lot is on the Left. FROM SOUTH: Take Highway 1 North to Jacinto Street, turn right. Lot is on the Left.
Price Information
Listing Price Info
Price Summary:
List Price: $850,000
Tax Information:
Annual Amount: $2,647
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Morro Bay, CA.
This property is $83.5K less than the Median Sold Price in Morro Bay, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SC23211391
Listing Office:
Office Name: EverlyGrove
Office Phone: (805) 704-0334
Listing Agent: Aaron Graves
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/4/2024, 11:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 27, 2021
Jul 27, 2021Home Sold
$317,500
May 19, 2014
May 19, 2014Home Sold
$220,000
Jun 16, 1998
Jun 16, 1998Home Sold
$65,000
Feb 24, 1998
Feb 24, 1998Home Sold
$50,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,647
$249,149
2020
$2,619
$246,595
2019
$2,541
$241,760
2018
$2,541
$237,020
2017
$2,492
$232,373
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Del Mar Elementary School
501 Sequoia St
Distance between this listing and this school0.22 miles
Public District Grades KG-5
5
/10
Baywood Elementary School
1330 9th St
Distance between this listing and this school4.82 miles
Public District Grades KG-5
8
/10
Monarch Grove Elementary School
348 Los Osos Valley Rd
Distance between this listing and this school5.57 miles
Public District Grades KG-5
Nearby Schools
9
/10
Cayucos Elementary School
301 Cayucos Dr
Distance between this listing and this school4.74 miles
Public District Grades KG-8
7
/10
Los Osos Middle School
1555 El Morro Ave
Distance between this listing and this school5.24 miles
Public District Grades 6-8
9
/10
Teach Elementary School
451 Jaycee Dr
Distance between this listing and this school11.88 miles
Public District Grades 4-6
Nearby Schools
7
/10
Morro Bay High School
235 Atascadero Rd
Distance between this listing and this school0.78 miles
Public District Grades 9-12
6
/10
Atascadero High School
1 High School Hill Rd
Distance between this listing and this school12.19 miles
Public District Grades 9-12
8
/10
Templeton High School
1200 S Main St
Distance between this listing and this school13.25 miles
The neighbors living near this home have an average income of $79,948. The most common annual income of people living in Morro Bay, CA is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2900 Alder Ave
What is the listing price of this property?
The listing price of 2900 Alder Ave property is $850,000.
What type of property is this?
The property 2900 Alder Ave is land located in Morro Bay, California, 93442.
Is this property for sale now?
Active Listing: 2900 Alder Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,647 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 27, 2021 for $317,500. (source: MLS/tax record).
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This home is located at 2900 Alder Ave in Morro Bay, CA and zip code 93442. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $850,000.
In April 2024 more than 3 listings in Morro Bay, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. The number of listings in Morro Bay, CA increased by 25% between March 2024 and April 2024. While the average time on the market in April 2024 was 20 days, the median list price was $933,500.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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