485 Morro Avenue Active

Morro Bay,CA 93442

$ 2750000

3 Beds

3 Baths

3242 SqFt


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 $848

MLS Listing ID CRSC25218818

Bedrooms 3

Full Baths 3

Year Built 1930

Lot Size 0.543 Acres

Property Sub-Type Single Family Residence

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

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Laundry Inside

Exterior

Garage Spaces 2.0

Pool None

View Y/N true

View Bay,Other

Building

Lot Description Corner Lot

Story 2

Foundation Raised

New Construction No

Schools

School District San Luis Coastal Unified

Others

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