Homes for sale - 485 Morro AVE, Morro Bay, CA 93442

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Ryan Mull

rkp@therealtysociety.com +1(408) 805-0359

Listed by Christopher Bath • Coast Realty

$ 2,750,000

Est. payment | -/mo

3 Beds

3 Baths

3,242 SqFt

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$ 2,750,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

3,242 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,242 sqft

Price per Sqft $848

MLS Listing ID CRSC25218818

Style Ranch

Bedrooms 3

Full Baths 3

Year Built 1930

Lot Size 0.543 Acres

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

A Legacy Central California Coastal Property. Rare opportunity for investors, developers, or boutique builders to secure over half an acre (.54 acres / 23,632 sq. ft.) in the heart of Morro Bay with prime build-out potential. Two separate lots, next to a City Park plus the option of acquiring an adjacent abandoned city street, create room for an expanded development footprint. The 1930s residence offers 3,242 sq. ft. across two units, each with separate electric and gas meters. The main home includes 2 bedrooms and 2 baths with sweeping views of the bay and Morro Rock, while the secondary unit enjoys south-facing vistas across the park and waterfront. Known locally as The Red House, the property is crowned by the storied crow's nest, one of Morro Bay's most recognizable architectural features. Whether redeveloped or preserved as a private estate, this is a once-in-a-lifetime opportunity blending history, views, and exceptional potential on California's Central Coast.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Laundry Other

Exterior

Parking Features Carport , Garage, RV Access, Other

Garage Spaces 2.0

Fence None

Pool None

View Bay, Other

Roof Type Shingle,Composition

Building

Foundation Raised

Water District - Public

Architectural Style Ranch

Others

Tax ID 066171002

Special Listing Condition Accepting Backups

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Ryan Mull

Broker-Associate | Lic# 01329887

rkp@therealtysociety.com

+1(408) 805-0359

42 Martin St Gilroy, CA, 95020

485 Morro AVE Morro Bay, CA 93442

Ryan Mull

Key Details

Location

Interior

Exterior

Building

Others

485 Morro AVE