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Beautiful and rare coastal HORSE/INCOME property 3 homes, 10 acres, 2 wells, brand new 15-stall barn, 220x170 Premiere Equestrian arena, 10 irrigated grass turnouts. GREAT INVESTMENT with substantial rental potential, 7 minutes to Cal Poly and Cuesta College and 1 minute to the beach. * 3 Permitted homes (2+BR main, 4BR modular (1998) and 2BR modular (1998)) * Brand new LifeSource water filtration system to all three homes * Owned solar system and both electrical service panels have been upgraded. * 2 RV hookups * 3 septics * 2 wells (one residential, one ag) * 1500 sq ft shop/garage * Brand new custom FCP 15 stall horse barn with 16x24 stalls with custom fit interlock mats, wash racks and tackroom * 170x220 Premiere Equestrian irrigated arena with OTTO mats * 10 auto-irrigated grass pastures planted with mixed pasture grass and Bermuda * 60 ft round pen. * All homes and shop have new roofs, new paint and electrical upgrades. Each home has its own private deck and yard. Incredible attention to detail in all infrastructure and design. 3 separate electric gated entrances. 3 beautiful outbuildings protect well infrastructure. Plenty of room to expand. Fully fenced on 3 sides. 3 homes offer incredible income potential and/or caretaker housing, not to mention the horse facility. Rents and expenses are estimates. Property has been partially rented undermarket to family members.
| DAYS ON MARKET | 66 | LAST UPDATED | 9/9/2025 |
|---|---|---|---|
| TRACT | Chorro Valley(745) | YEAR BUILT | 1900 |
| COMMUNITY | MRBY - Morro Bay | GARAGE SPACES | 2.0 |
| COUNTY | San Luis Obispo | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Water Heater, Water Heater |
| AREA | MRBY - Morro Bay |
| BARN/EQUESTRIAN | Yes |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Fireplace(s), Forced Air, Natural Gas |
| INTERIOR | Walk-In Closet(s) |
| LOT | 10 acre(s) |
| LOT DESCRIPTION | Agricultural |
| PARKING | Carport, Driveway, Garage, Gravel |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | Chorro Valley(745) |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills, Mountain(s) |
| WATER | Well |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/25 11:52 AM PDT 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. Properties may or may not be listed by the office/agent presenting the information
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