CA > Morro Bay
Morro Bay, CA 93442,485 Morro Avenue
Morro Bay, CA 93442,485 Morro Avenue
Morro Bay, CA 93442,485 Morro Avenue
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Christopher Bath • Coast Realty
$2,490,000
Est. payment /mo
3 Beds
3 Baths
3,242 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,242 sqft

Price per Sqft $768

MLS Listing ID SC-25218818

Style Ranch

Bedrooms 3

Full Baths 3

Year Built 1930

Lot Size 0.543 Acres

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

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 possibilities. Potential for 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 Inside

Exterior

Parking Features Carport

Garage Spaces 2.0

Pool None

Community Features Biking, Fishing

View Y/N Yes

View Back Bay, See Remarks

Building

Lot Description Corner Lot

Sewer Public Sewer

Others

Virtual Tour https://shotsofspots.com/485-Morro-Ave-1/idx

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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