485 Morro Avenue, Morro Bay, CA 93442

Morro Bay
Local realty services provided by:ERA North Orange County Real Estate
485 Morro Avenue,Morro Bay, CA 93442
$1,975,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher bath
Office: coast realty
MLS#:SC25220419
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,975,000

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 potential. 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

  • Listing ID #:SC25220419
  • Added:200 day(s) ago
  • Updated:April 07, 2026 at 01:52 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2

Structure and exterior

  • Roof:Composition
  • Construction Materials:Wood
  • Levels:2 Story

Finances and disclosures

  • Price:$1,975,000
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