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Morro Bay, CA

$12,000,000

1800 Atascadero Road, Morro Bay, CA
4
Beds
0
Baths
2,500
Sq Ft
1990
Built
484
Days listed

About this home

Welcome to this Central Coast Avocado Ranch, a rare 310-acre agricultural gem in the heart of California’s Central Coast. This income-producing 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. With over 100 acres already planted, this property also features three income-producing rental units and a quaint roadside store, offering multiple revenue streams. Expansion opportunities abound, including additional plantable acres, a potential online retail operation, and four additional homesites with stunning views of Morro Rock. UPDATE: Main House with 40 acres is excluded from this listing; however, it can be included with additional consideration. There are other rental properties including a leased duplex and two labor houses.

Facts & features

Interior
Bedrooms
4
Bathrooms
0
Living area
2,500 sq ft
Fireplace
See Remarks
Heating
Fireplaces
Cooling
See Remarks
Laundry
See Remarks
Levels
One
Exterior & lot
Lot size
310 acres (13,503,600 sq ft)
Pool
None
View
Canyon, Landmark, Marina, Ocean, Orchard, Panoramic, Creek Stream, Water
Year built
1990
Parking spaces
2
Community
Area
699 - Not Defined
County
San Luis Obispo
Community features
Hiking, Mountainous, Rural
Listing details
Status
Active
Property type
Duplex
Days on market
484
Listed
2025-02-22
Original price
$15,500,000
Terms
Cash, Cash To New Loan
Parcel #
073069021
MLS #
NS25061509
Listed by
JoAnn Wall · JoAnn Wall, Broker

Location

Price history

Listed
$15,500,000 · 2025-02-22
Price reduced
$12,000,000 (−$3,500,000)
Days on market
484
Current price
$12,000,000
Financing

Could this home be yours?

Estimated monthly payment
$75,279
$60,679 principal & interest · $14,600 taxes & insurance
$2,400,000
Estimate only
Loan $9,600,000

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Estimated value range nearby
$14,332,261$16,824,828

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Listing data provided by CRMLS

Listing courtesy of JoAnn Wall, Broker. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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1800 Atascadero Road, Morro Bay, CA — $12,000,000 | Your Agent