487 & 489 Estero Ave, Morro Bay, CA 93442
SOLD
JUL 7, 2026
Listed by Dale Kaiser, Dale Kaiser Real Estate, (805) 995-2900 . Bought with Compass

487 & 489 Estero Ave
Morro Bay, CA 93442

  • 6 Beds
  • 4 Baths
  • 2,700 sqft

$1,473,073

Last Sold: Jul 7, 2026
1% below list $1.5M
$546/sqft
Est. Refi. Payment $8,753/mo*
Refinance Your Home

$1,473,073

Last Sold: Jul 7, 2026
1% below list $1.5M
$546/sqft
Est. Refi. Payment $8,753/mo*
Refinance Your Home
6 Beds
4 Baths
2,700 sqft

Local Information

  • Map ViewExplore the area around 487 & 489 Estero Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Morro Bay Coastal Retreat: Views and Versatility
Prepare to be mesmerized by views of iconic Morro Harbor and Rock with the panoramic backdrop of the Pacific Ocean. Are you dreaming of a lucrative multi-family income property or a spacious single-family coastal compound? Look no further! This masterfully crafted gem offers unparalleled flexibility, serving perfectly as three private living retreats or one comfortable main residence paired with a high-end ADU. Situated on an impressively oversized lot with a clever downhill orientation on a quiet street with similarly sized properties. Parking is a breeze with plenty of off street space and an oversized two-car garage. Hardscape pavers and lovely landscape provide an inviting entry and front patio courtyard. The ground level entry opens to a bedroom, stairs to primary living space and hallway entrance to the optional ADU. The second level is truly the heart of the home—a lovely light-filled space with a wall of windows frames the ocean views to be enjoyed from living, dining, kitchen and even the master ensuite. A second bedroom/bath suite provides additional sleeping space.The spacious and sun drenched deck extends living space and is the icing on the cake. At the rear of the property, discover a charming, approximately 700 sq. ft. two-bedroom ADU with its own address and separate utility meters—ideal for guests or rental income. This private haven includes its own yard, laundry, and a versatile outbuilding perfect for a quiet home office or a creative art studio. New owners will benefit by the addition of solar provided through a Power Purchase Agreement. Furnishings may be included and are negotiable. Perfectly situated near the vibrant downtown, easy HWY 1 access, and the majestic State Park, this property is a rare crown jewel of the coast. Don’t miss your chance to own this slice of paradise—see it today!
487 & 489 Estero Ave, Morro Bay, CA 93442 is a 6 bedroom, 4 bathroom, 2,700 sqft single-family home built in 1980. It last sold for $1,473,073 on Jul 7, 2026 (1% below the $1,495,000 asking price). It is currently off market. The Trulia Estimate is $1,473,300, with a rent estimate of $3,631/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$546/sqft
Listed
15 days ago

Home Details for 487 & 489 Estero Ave

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Bedroom, Bathroom, Family Room, Kitchen, Laundry, Living Room, Other
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 2Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2700 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Trash Compactor, Dryer, WasherDishwasherDryerLaundry: Inside,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Living RoomSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Double Pane WindowsDoor: Sliding DoorsCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: Front Door
View
Has a ViewView: Bay, Hills, Ocean

Exterior Features

Exterior Home Features
Patio / Porch: DeckFencing: Privacy, WoodOther Structures: OutbuildingNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Door-Multi,Driveway,Garage Faces Front,Garage,Garage Door Opener
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 066191027

Price & Status

Price
List Price: $1,495,000Price Per Sqft: $546/sqft
Status Change & Dates
Off Market Date: Sat Jun 06 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Morro BayCommunity: Morro Heights (810)
School Information
High School District: San Luis Coastal Unified

Community

Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Street Lights, Water SportsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 6000 sqft

Listing Info

Special Conditions: Trust

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: SC26117151Living Area Range Units: Square FeetWater ViewWater View: Bay, OceanAttribution Contact: 805-550-9900Back On Market Date: Thu Jun 25 2026Common Interest: NoneUniversal Property Id: US-06079-N-066191027-R-N

Additional Information

BikingDog ParkFishingGolfHikingStreet LightsWater SportsSource Internet Entire Listing Display
Last check for updates: about 18 hours ago
Listed by Dale Kaiser DRE #01297036, (805) 550-9900
Dale Kaiser Real Estate
Gail Riley DRE #01118809, (805) 995-2900
Dale Kaiser Real Estate
Bought with: Christine Rosenfeld DRE #01392788, (805) 225-1274, Compass
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SC26117151

Price History for 487 & 489 Estero Ave

DatePriceEventSource
07/07/2026$1,473,073Sold
CRMLS #SC26117151
07/02/2026$1,495,000PendingCRMLS #SC26117151
06/25/2026$1,495,000ContingentCRMLS #SC26117151
06/22/2026$1,495,000PendingCRMLS #SC26117151
06/07/2026$1,495,000ContingentCRMLS #SC26117151
06/02/2026$1,495,000Listed For SaleCRMLS #SC26117151

Market trends in Morro Bay

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
40
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Comparable Sales for 487 & 489 Estero Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
430 Olive St, Morro Bay, CA
0.26
Single-Family Home
$1,624,000
01/20/26
3
4
2,400
431 Main St, Morro Bay, CA
0.32
Single-Family Home
$1,499,000
09/19/25
4
2.5
2,560
226 Bradley Ave, Morro Bay, CA
0.39
Single-Family Home
$1,400,000
02/03/26
3
3.5
2,393
444 Kings Ave, Morro Bay, CA
0.42
Single-Family Home
$1,775,000
05/07/26
4
2.5
2,904
451 Main St, Morro Bay, CA
0.32
Single-Family Home
$1,250,000
08/28/25
3
2.5
2,549
750 Luisita St, Morro Bay, CA
0.28
Single-Family Home
$1,403,225
02/13/26
2
3
4,043
290 Piney Ln, Morro Bay, CA
0.32
Single-Family Home
$2,510,000
07/30/25
3
2.5
2,701
594 Kings Ave, Morro Bay, CA
0.44
Single-Family Home
$1,100,000
05/22/26
3
2.5
2,059
685 Kings Ave, Morro Bay, CA
0.45
Single-Family Home
$1,175,000
01/23/26
6
5
3,066

Nearby homes

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Assigned Schools

These are the assigned schools for 487 & 489 Estero Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Bryson Plater
    "Farmers market, concerts, annual events happening on the Embarcadero, beach festivities, high school sports"
    0
    Flag
  • JT
    "Most employment is in nearby city of San Luis Obispo. My commute is approximately 15 minutes to work."
    0
    Flag
  • Debi
    "It is beautiful in Morro Bay, so naturally my neighbors are outside enjoying the weather and so am I. Very easy to meet neighbors walking by with their dogs. "
    0
    Flag
  • Donden2
    "Not much traffic and most dogs on leash. Most dogs also seem friendly and well trained and cared for."
    0
    Flag
  • Courtney P.
    "Lots of traffic in some areas and tourist. Schools are great and lots of activities to do with the children "
    0
    Flag
  • Breezy5110
    "There is a farmers market just down the street. It is small and only lasts for a few hours. There is a trolley during Christmas time that drives around and give stuffed animals and candy canes to all the kids."
    1
    Flag
  • Raymezz
    "Safe, quiet, and clean with that small town community feel. Great food, shopping and entertainment within walking distance."
    0
    Flag
  • Vonjoncircus
    "We have lots of hills, but the views are beautiful. There’s nothing not to like. Thank you and have a great day"
    7
    Flag
  • Trulia User
    "My commute is very easy and enjoyable. I have lived in the area all of my life and highly recommend it. Beautiful walking paths and lots of outdoor activities. It is a family friendly area."
    0
    Flag
  • Nackyann
    "Main Street is close to me and there are many places within walking distance to shop, etc. Also, there are state parks near by and lovely walking trails to explore."
    0
    Flag
  • Michelle Leicester Cadaret
    "I've lived in the Beach Trac for 10 years. Safe place to raise a family and the neighbours look out for each other."
    3
    Flag
  • Donden2
    "We walk to the store, movies, restaurants and the beach from our home. very safe place and nice neighbors."
    1
    Flag
  • Concertinab
    "We have lived in this area over 10 years. A great friendly neighborhood. The neighbors look out for each other. We have watched the little children grow up into fine young adults. It is a great place to live."
    1
    Flag
  • Joanne1091
    "It’s quiet and everyone knows everyone. We talk to each other and watch out for others belongings. We all co-operate in dog walking times and smile as we pass."
    0
    Flag
  • Rebrunning
    "People are outdoors walking and riding bikes. Many walking dogs. Everyone is friendly—they wave walking by or driving by. Sometimes we have neighborhood potlucks, such as on 4th of July. It’s common to have a friend or neighbor stop by to talk or have a glass of wine. It’s just very friendly and homey"
    1
    Flag
  • Concertinab
    "The neighbors are friendly and look out for each other. We live near the beach and enjoy the fresh sea breezes. "
    0
    Flag
  • Breanna
    "Everything is within walking distance and everything is nice and well kept. Very nice. I love this area."
    0
    Flag
  • Inapeartree
    "Everything is close by within walking distance. Unusually busy on the weekends with the influx of weekenders. Weather is always cool and tolerable even when hot inland. The area is very senior friendly. Great walking up and down the hills. "
    0
    Flag
  • Peterhendrix
    "morro bay is a great, homey beach town. prices are a little high but so is all of california. the city council has been a little more progressive than the past so some good things are afoot. "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

12 pet-friendly rentals in Morro Bay, CA

Explore by feature - Garage

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Explore by feature - Outdoor Space

7 rentals with an outdoor space in Morro Bay, CA

Homes for sale near 487 & 489 Estero Ave

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Off Market Homes Near 487 & 489 Estero Ave

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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 2026-07-17 06:16:58 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