Listed by Christopher Bath, Coast Realty, (805) 225-2284 . Bought with Coast Realty
485 Morro Ave
Morro Bay, CA 93442
- 3 Beds
- 3 Baths
- 3,242 sqft (on 0.54 acres)
$1,750,000
Last Sold: Apr 13, 2026
11% below list $1.98M
$540/sqft
Est. Refi. Payment $10,542/mo*
$1,750,000
Last Sold: Apr 13, 2026
11% below list $1.98M
$540/sqft
Est. Refi. Payment $10,542/mo*
3 Beds
3 Baths
3,242 sqft
(on 0.54 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Lot Size
0.54 acres
Living Area
3,242 sqft
Price/Sqft
$540/sqft
Parking
2 Car Garage
HOA
None
About this House
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 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.
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.
485 Morro Ave, Morro Bay, CA 93442 is a 3 bedroom, 3 bathroom, 3,242 sqft single-family home built in 1930. It last sold for $1,750,000 on Apr 13, 2026 (11% below the $1,975,000 asking price). It is currently off market. The Trulia Estimate is $1,762,400, with a rent estimate of $4,948/month.
Home Details for 485 Morro Ave
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Interior Details Number of Rooms: 2Types of Rooms: Master Bedroom, Other |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 3242 Square Feet |
Appliances & Utilities Laundry: Inside |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: Living RoomHas a Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 2Levels: TwoEntry Location: 1 |
View Has a ViewView: Back Bay |
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Exterior Home Features Roof: Composition ShingleFencing: NoneFoundation: RaisedNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Carport,Garage,RV Access/Parking,See Remarks |
Pool Pool: None |
Frontage Waterfront: Across the Road from Lake/OceanNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 190 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Ranch |
Building Construction Materials: Wood SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 066171002 |
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Price List Price: $1,975,000Price Per Sqft: $540/sqft |
Status Change & Dates Off Market Date: Fri Mar 27 2026 |
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MLS Status: Closed |
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Direction & Address City: Morro BayCommunity: Embarcadero(750) |
School Information High School District: San Luis Coastal Unified |
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Community Features: Biking, Fishing, MarinaNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.54 acres |
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Special Conditions: Trust |
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Listing Terms: Cash to New Loan |
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Mls Number: SC25218818Living Area Range Units: Square FeetWater ViewWater View: Back BayAttribution Contact: 805-801-0268Common Interest: NoneUniversal Property Id: US-06079-N-066171002-R-N |
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BikingFishingMarinaSource Internet Entire Listing Display |
Last check for updates: about 12 hours ago
Listed by Christopher Bath DRE #01231010, (805) 801-0268
Coast Realty
Bought with: Christopher Bath DRE #01231010, Coast Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SC25218818

Price History for 485 Morro Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/13/2026 | $1,750,000 | Sold | CRMLS #SC25218818 |
| 04/13/2026 | $1,975,000 | Pending | CRMLS #SC25218818 |
| 03/27/2026 | $1,975,000 | Contingent | CRMLS #SC25218818 |
| 03/27/2026 | $1,975,000 | PriceChange | CRMLS #SC25218818 |
| 01/30/2026 | $2,390,000 | PriceChange | CRMLS #SC25218818 |
| 12/12/2025 | $2,490,000 | PriceChange | CRMLS #SC25220419 |
| 10/14/2025 | $2,750,000 | PendingToActive | CRMLS #SC25218818 |
| 10/01/2025 | $2,750,000 | Contingent | CRMLS #SC25218818 |
| 09/18/2025 | $2,750,000 | Listed For Sale | CRMLS #SC25220419 |
| 08/13/2025 | $1,550,000 | Sold | N/A |
| 07/28/2018 | $1,899,000 | ListingRemoved | Agent Provided |
| 07/26/2018 | $1,899,000 | Listed For Sale | Agent Provided |
| 04/09/2018 | $1,899,000 | ListingRemoved | Agent Provided |
| 03/17/2018 | $1,899,000 | Listed For Sale | Agent Provided |
Market trends in Morro Bay
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
40
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $20,942 |
| Assessment | $1,900,000 |
Home facts updated by county records
Comparable Sales for 485 Morro Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $1,800,000 | 07/17/26 | 3 | 3 | 2,875 | |
0.22 | Single-Family Home | $1,624,000 | 01/20/26 | 3 | 4 | 2,400 | |
0.08 | Single-Family Home | $1,250,000 | 08/28/25 | 3 | 2.5 | 2,549 | |
0.11 | Single-Family Home | $1,499,000 | 09/19/25 | 4 | 2.5 | 2,560 | |
0.45 | Single-Family Home | $1,650,000 | 03/31/26 | 4 | 2 | 2,446 | |
0.42 | Single-Family Home | $1,152,000 | 11/21/25 | 2 | 2.5 | 975 | |
0.38 | Single-Family Home | $1,473,073 | 07/07/26 | 6 | 4 | 2,700 | |
0.52 | Single-Family Home | $1,403,225 | 02/13/26 | 2 | 3 | 4,043 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 485 Morro Ave.
What Locals Say about Morro Bay
At least 68 Trulia users voted on each feature.
95 % Say it's dog friendly
87 % Say people would walk alone at night
81 % Say yards are well-kept
81 % Say parking is easy
76 % Say it's walkable to restaurants
76 % Say car is needed
73 % Say there's holiday spirit
67 % Say it's walkable to grocery stores
64 % Say it's quiet
54 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
52 % Say kids play outside
50 % Say there's wildlife
32 % Say there are sidewalks
27 % Say streets are well-lit
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-31 02:01:25 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-31 02:01:25 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information