3,242 sqft

$1,750,000

485 Morro Avenue, Morro Bay CA, 93442

Price per sqft$539.79

Built in1930

Property size3,242 sqft

Property typeMulti-family

Bought with Christopher Bath with Coast Realty and Listed by Christopher Bath CA DRE# 01231010 with Coast Realty 805-801-0268

Overview

Sold

Closed

Listed Sep 18, 2025

Updated 3 weeks ago

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 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.

Additional information

MLS^® ID: SC25220419

Interior Features

Fireplace: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.54 Acres

Other Property Details

Garage: Yes
View: Yes
Waterfront: Yes
55+/Senior Community: No

Bought with Christopher Bath with Coast Realty and Listed by Christopher Bath CA DRE# 01231010 with Coast Realty 805-801-0268

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:55 AM UTC Last Checked: 1:55 AM UTC