Build your dream home with sweeping, unobstructed views of Morro Bay, iconic Morro Rock, the Elfin Forest, and the Estero. Tucked away on a quiet cul-de-sac in the highly desirable Cabrillo Estates, this exceptional homesite offers a rare, build-ready opportunity. The lot comes with an approved Minor Use Permit (MUP), cleared through the Coastal Commission, along with the associated HCP and ITP, allowing for construction of a multi-level residence featuring a 3-car garage, five bedrooms (three en-suite), four and a half bathrooms, a private deck off the primary suite, an office, and a rooftop deck-thoughtfully designed to capture breathtaking views from every level. Buyers can work with an architect to select their own interior design details and be ready to build in months rather than the years it often takes to start from scratch. Notably, this MUP took nearly five years to obtain, making this an especially valuable and time-saving opportunity. Just minutes from hiking and equestrian trails and the natural beauty of Montana de Oro State Park, with its secluded beaches and tide pools. A truly rare offering where the permitting groundwork is already complete.