Ocean view parcel for long term investment! Close to the Cayucos Pier and miles of sandy beaches, not far from Morro Bay with majestic Morro Rock, scenic Cambria, Hearst Castle and nearby wine tasting. Buy and wait for this hillside area to be developed. This lot is on a "paper street". A paper street is one that exists on a paper plat map but not in reality. This means you have legal access but you cannot conveniently drive to the parcel or build until the street is paved. Electricity and water are nearby but not adjacent. Buyers will want to independently investigate what might be involved with developing this parcel in the future, e.g., paving the street, bringing utilities to the parcel, etc. Buyers should do their own independent due diligence with the county Planning office and utility companies. Agent and seller have no information on utilities, access, or other matters related to developing this parcel. In the past year, three nearby parcels with street access and all utilities sold for $145,000-$179,000 so you can see the potential for future appreciation in this beautiful beach community! Dimensions are 50 ft wide by 85 ft deep. Driving Directions: From Hwy 1, turn east on Old Creek Rd. Turn right on Ocean Blvd. Turn left on Hacienda Dr. Locate the house on the right at 388 Hacienda. The parcel on not on Hacienda, it is on Gilbert, an unpaved "paper street" approximately 200 feet behind that house. Take an aerial map. Don't leave home without it! For plat map and other great land deals see http://www.land22.com
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
