$890,200
- 2 Beds
- 2 Baths
- 1,068 sqft
540 Madera Ave, Morro Bay, CA 93442
Est. Refi. Payment $5,428/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 22, 2014 for $499,000
Home Value
Trulia Estimate
$890KSince last month
Decreased$20K (-2.2%)Since last year
Decreased$18K (-2%)Since last sale
Increased$395K (+79.2%)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 increased by +57% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $894K |
| August 2026 | $890K |
| July 2026 | $914K |
| June 2026 | $926K |
| May 2026 | $927K |
| April 2026 | $935K |
| March 2026 | $935K |
| February 2026 | $910K |
| January 2026 | $876K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $831,000 | 02/19/26 | 2 | 1 | 892 | |
0.09 | Single-Family Home | $825,000 | 12/26/25 | 2 | 1 | 780 | |
0.20 | Single-Family Home | $760,000 | 04/24/26 | 2 | 1 | 1,009 | |
0.20 | Single-Family Home | $725,000 | 10/15/25 | 2 | 1 | 900 | |
0.17 | Single-Family Home | $950,000 | 07/27/26 | 3 | 2 | 1,438 | |
0.17 | Single-Family Home | $1,300,000 | 08/27/26 | 3 | 2 | 1,177 | |
0.14 | Single-Family Home | $950,000 | 07/16/26 | 3 | 2 | 1,580 | |
0.18 | Single-Family Home | $400,000 | 02/02/26 | 2 | 1 | 544 | |
0.48 | Single-Family Home | $950,000 | 10/09/25 | 2 | 1.5 | 1,030 | |
0.23 | Single-Family Home | $780,000 | 08/14/26 | 3 | 1 | 1,200 |
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 |
|---|---|---|---|---|---|---|
0.09 | $1,100,000 | 3 | 2.5 | 2,059 | Recently Sold | |
0.05 | $1,035,500 | 3 | 3 | 1,177 | Off Market | |
0.04 | $1,287,800 | 3 | 2 | 1,606 | Off Market | |
0.07 | $849,000 | 2 | 1 | 840 | Off Market | |
0.10 | $977,600 | 2 | 2 | 1,329 | Off Market | |
0.10 | $1,741,000 | 3 | 3 | 2,800 | Off Market | |
0.06 | $859,900 | 2 | 2 | 984 | For Sale | |
0.11 | $1,090,300 | 3 | 2 | 896 | Off Market | |
0.10 | $1,185,000 | 3 | 2 | 1,729 | Off Market | |
0.10 | $1,249,600 | 3 | 2.5 | 2,300 | Off Market | |
0.09 | $825,000 | 2 | 1 | 780 | Recently Sold | |
0.14 | $950,000 | 3 | 2 | 1,580 | Recently Sold |
Local Information
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Home Highlights
Single-Family Home
Built in 1950
1,068 sqft
$834/sqft
Garage
About this House
What a Cutie! One of the original Morro Bay beach bungalows with updates along the way. Roomy with lots of natural light and original hardwood floors. Features modernized kitchen and bathrooms, a comfy family room with skylights and a free-standing wood burning stove. Check out the great tiled bathroom that looks out to the backyard! The private fenced backyard is a peaceful retreat with mature trees, plants and tucked in the corner is the perfect cozy guest cottage. Enjoy spectacular sunsets, ocean and greenbelt views from the craftsmen designed viewing deck above the carport. This is a must see!!
540 Madera Ave, Morro Bay, CA 93442 is a 2 bedroom, 2 bathroom, 1,068 sqft single-family home built in 1950. It last sold for $499,000 on Aug 22, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $890,200, with a rent estimate of $3,371/month.
Home Details for 540 Madera Ave
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood |
Interior Details Number of Rooms: 5Types of Rooms: Dining Room, Family Room |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
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Exterior Home Features Roof: OtherDeckLawn |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 5000 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 22, 2014 Source: N/A | Sold | $499,000 |
Jul 22, 2014 Source: Agent Provided | Listed For Sale | $499,000 |
Aug 31, 2011 Source: N/A | Sold | $354,000 |
Jul 28, 2011 Source: Agent Provided | Listed For Sale | $349,000 |
Nov 9, 1995 Source: N/A | Sold | $164,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $611,704 |
Home facts updated by county records
Market trends in Morro Bay
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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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
Frequently asked questions about 540 Madera Ave
- What is 540 Madera Ave estimated to be worth?Trulia's estimated value for 540 Madera Ave in Morro Bay, CA is $890,200.
- What is the price history for 540 Madera Ave?540 Madera Ave in Morro Bay, CA last sold for $499,000 in August 2014.
- 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 540 Madera Ave have laundry facilities?Yes, 540 Madera Ave in Morro Bay, CA has in-unit laundry.
- How big is the lot at 540 Madera Ave?The lot at 540 Madera Ave in Morro Bay, CA is about 0.11 acres (5,000 sq ft).