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Morro Bay City Council approves purchase of elementary school property

March 13, 2026

Morro Bay City Council

By KAREN VELIE

The Morro Bay City Council voted unanimously on Tuesday to move forward with plans to purchase the Morro Elementary from the San Luis Coastal Unified School District.

The school district and the city agreed to a $5.3 million price of the property appraised at $10.2 million. Built in the 1930s, the school was closed in 2001.

On March 17, the school district’s governing board will consider the purchase agreement. If approved, the city will enter into a due diligence period to inspect the property.

If the city purchases the historic property, it could continue to lease out portions of the property and look at developing portions of the property.

 


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I suppose this is why the city is charging to park at the boat ramp. Someone’s got to pay for the school purchase!


1

Just like Sunnyside Elementary in Los Osos, why, when out property taxes paid for a school in the first place do we have to buy it back with our tax dollars when the school system doesn’t need it anymore? It already belongs to us!!!


16

I was thinking the opposite, why is SCUSD selling this property at half the appraised value.


2

Since the property owners through their taxes originally paid for the school is the money Morro Bay paying going to be given back to those property owners?


25