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USACAMorro BayEmbarcadero(750)485 Morro Ave
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485 Morro Ave, Morro Bay, CA

House

For Sale

Listed price in listed location currency (USD).
$2,750,000

332

MLS® SC25218818

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3242 sqft
Garage Yes
Taxes 
Days Active 41
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $848
MLS® Number SC25218818

Property Address: 485 Morro Ave, Morro Bay, CA, 93442-2554

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberSC25218818
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage0.5425
Exterior
GarageYes
Approx. Age1930
Basement
DrivewayCarport, Garage, Rv Access Parking, See Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:Not available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 18, 2025List Date
$2,750,000List Price

Home Appraisal

This property is estimated to sell between: $1,430,000 and $3,410,000.
Similar properties in this area sold on average for: $1,430,833
Expected to sell very soon! Similar properties sold in 39 days. This home has been on eXp Commercial Brokerage for 41 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
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485 Morro Ave, Morro Bay, CA

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