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$ 2,750,000
Est. payment /mo
New
485 Morro Avenue Morro Bay, CA 93442
3 Beds
3 Baths
3,242 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,242 sqft
Price per Sqft $848
Subdivision Embarcadero(750)
MLS Listing ID SC25218818
Style Ranch
Bedrooms 3
Full Baths 3
Year Built 1930
Lot Size 0.543 Acres
Property Sub-Type Detached
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 crows nest, one of Morro Bays 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 Californias Central Coast.
Location
State CA
County San Luis Obispo
Direction Main st to Morro Ave
Interior
Heating Wall/Gravity
Fireplaces Type FP in Living Room
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Other/Remarks, Back Bay
Roof Type Composition,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 066171002
Virtual Tour https://shotsofspots.com/485-Morro-Ave-1/idx
Listed by Christopher Bath Coast Realty
