Listed by Dale Kaiser, Dale Kaiser Real Estate, (805) 550-9900 . Bought with Compass
$1,481,600
- 6 Beds
- 4 Baths
- 2,700 sqft
487 & 489 Estero Ave, Morro Bay, CA 93442
Est. Refi. Payment $9,007/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 7, 2026 for $1,473,073 (1% below list price)
Home Value
Trulia Estimate
$1.48MSince last month
Increased$7K (+0.5%)Since last year
Decreased$15K (-1%)Since last sale
Increased$8K (+0.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.48M |
| August 2026 | $1.48M |
| July 2026 | $1.47M |
| June 2026 | $1.5M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $1,550,000 | 08/26/26 | 4 | 4 | 2,880 | |
0.26 | Single-Family Home | $1,624,000 | 01/20/26 | 3 | 4 | 2,400 | |
0.32 | Single-Family Home | $1,499,000 | 09/19/25 | 4 | 2.5 | 2,560 | |
0.39 | Single-Family Home | $1,400,000 | 02/03/26 | 3 | 3.5 | 2,393 | |
0.42 | Single-Family Home | $1,775,000 | 05/07/26 | 4 | 2.5 | 2,904 | |
0.43 | Single-Family Home | $2,184,600 | 07/24/26 | 5 | 4 | 3,028 | |
0.36 | Single-Family Home | $1,800,000 | 07/17/26 | 3 | 3 | 2,875 | |
0.28 | Single-Family Home | $1,403,225 | 02/13/26 | 2 | 3 | 4,043 | |
0.17 | Single-Family Home | $1,100,000 | 07/29/26 | 3 | 2 | 1,524 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $1,506,800 | 2 | 2 | 2,224 | Off Market | |
0.06 | $1,297,700 | 3 | 2 | 1,287 | Off Market | |
0.09 | $1,022,700 | 2 | 2 | 1,300 | Off Market | |
0.15 | $978,700 | 2 | 1.5 | 1,030 | Off Market | |
0.14 | $780,000 | 3 | 1 | 1,200 | Recently Sold | |
0.17 | $1,100,000 | 3 | 2 | 1,524 | Recently Sold | |
0.16 | $1,092,900 | 3 | 3 | 3,186 | Off Market | |
0.19 | $720,900 | 2 | 2 | 1,364 | Off Market | |
0.16 | $1,440,300 | 2 | 2 | 1,729 | Off Market | |
0.19 | $823,900 | 2 | 1 | 806 | Off Market | |
0.19 | $1,884,900 | 3 | 2.5 | 2,971 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1980
2,700 sqft
$546/sqft
2 Car Garage
About this House
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!
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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,481,600, with a rent estimate of $3,357/month.
Home Details for 487 & 489 Estero Ave
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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 |
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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 |
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Cumulative Days on Market: 4 |
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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 |
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Price List Price: $1,495,000Price Per Sqft: $546/sqft |
Status Change & Dates Off Market Date: Sat Jun 06 2026 |
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MLS Status: Closed |
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Direction & Address City: Morro BayCommunity: Morro Heights (810) |
School Information High School District: San Luis Coastal Unified |
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Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Street Lights, Water SportsNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 6000 sqft |
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Special Conditions: Trust |
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Listing Terms: Cash, Conventional |
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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 |
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BikingDog ParkFishingGolfHikingStreet LightsWater SportsSource Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 7, 2026 Source: CRMLS #SC26117151 | Sold | $1,473,073 |
Jul 2, 2026 Source: CRMLS #SC26117151 | Pending | $1,495,000 |
Jun 25, 2026 Source: CRMLS #SC26117151 | Contingent | $1,495,000 |
Jun 22, 2026 Source: CRMLS #SC26117151 | Pending | $1,495,000 |
Jun 7, 2026 Source: CRMLS #SC26117151 | Contingent | $1,495,000 |
Jun 2, 2026 Source: CRMLS #SC26117151 | Listed For Sale | $1,495,000 |
Market trends in Morro Bay
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
40
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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 2026-09-04 15:22:21 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 2026-09-04 15:22:21 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
Frequently asked questions about 487 & 489 Estero Ave
- What is 487 & 489 Estero Ave estimated to be worth?Trulia's estimated value for 487 & 489 Estero Ave in Morro Bay, CA is $1,481,600.
- What is the price history for 487 & 489 Estero Ave?487 & 489 Estero Ave in Morro Bay, CA last sold for $1,473,073 in July 2026.
- Is Morro Bay a buyer's or seller's market?Morro Bay is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Morro Bay?Residents describe Morro Bay, CA as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Morro Bay, CA.
- Does 487 & 489 Estero Ave have laundry facilities?Yes, 487 & 489 Estero Ave in Morro Bay, CA has in-unit laundry.
- How big is the lot at 487 & 489 Estero Ave?The lot at 487 & 489 Estero Ave in Morro Bay, CA is about 0.14 acres (6,000 sq ft).