485 Morro Avenue, Morro Bay, CA 93442

Local realty services provided by:ERA North Orange County Real Estate
485 Morro Avenue,Morro Bay, CA 93442
$2,490,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 3,242 sq. ft.
  • Single family
  • Active
Listed by: christopher bath
Office: coast realty
MLS#:SC25218818
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,490,000
  • Price per sq. ft.:$768.04

About this home

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 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.

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Home facts

  • Year built:1930
  • Listing ID #:SC25218818
  • Added:109 day(s) ago
  • Updated:January 06, 2026 at 02:58 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,242 sq. ft.

Heating and cooling

  • Heating:Wall/Gravity

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1930
  • Building area:3,242 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,490,000
  • Price per sq. ft.:$768.04
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