554 Madera Ave, Morro Bay, CA 93442
OFF MARKET

$1,078,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 900 sqft

554 Madera Ave, Morro Bay, CA 93442

Est. Refi. Payment $6,598/mo*
Refinance Your Home
Currently Off Market - Sold Feb 2, 2022 for $870,000

Home Value

Trulia Estimate
$1.08M
Since last month
Decreased$48K (-4.3%)
Since last year
Increased$38K (+3.7%)
Since last sale
Increased$209K (+24.1%)
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 +36% in the last 10 years
MonthEstimated value
2026
August 2026$1.08M
August 2026$1.08M
July 2026$1.13M
June 2026$1.12M
May 2026$1.11M
April 2026$1.11M
March 2026$1.1M
February 2026$1.04M
January 2026$1M
2025
2024
2023
2022
2021
2020

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
0.76
Apartment
$464,500
01/26/26
1
1
631
0.94
Apartment
$585,000
05/22/26
2
2
-
4.95
Apartment
$11,930
06/09/26
1
1
1,500
Home facts updated by county records

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
0.08
$1,100,000
3
2.5
2,059
Recently Sold
0.06
$1,035,500
3
3
1,177
Off Market
0.05
$1,287,800
3
2
1,606
Off Market
0.06
$849,000
2
1
840
Off Market
0.08
$977,600
2
2
1,329
Off Market
0.09
$1,741,000
3
3
2,800
Off Market
0.06
$859,900
2
2
984
For Sale
0.10
$1,090,300
3
2
896
Off Market
0.09
$1,185,000
3
2
1,729
Off Market
0.09
$1,249,600
3
2.5
2,300
Off Market
0.10
$825,000
2
1
780
Recently Sold
0.13
$950,000
3
2
1,580
Recently Sold

Local Information

  • Map ViewExplore the area around 554 Madera Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Year Built
1978
Living Area
900 sqft
Price/Sqft
$1,198
Parking
Garage

About this House

2 units with one upstairs. Equally-sized. View of the rock and of the inland hills and valley from upstairs View of hills from downstairs. Private back yard and fairly secluded entrances .
554 Madera Ave, Morro Bay, CA 93442 is a 2 bedroom, 1 bathroom, 900 sqft apartment built in 1978. It last sold for $870,000 on Feb 2, 2022. More recently, it was listed as a rental in November 2018 with an asking price of $1,750 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,078,300, with a rent estimate of $2,490/month.

Home Details for 554 Madera Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 8

Exterior Features

Exterior Home Features
Roof: OtherExterior: Wood
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Apartment

Community

Units in Building: 1

Lot Information

Lot Area: 5074 sqft

Price and Tax history

DateEventPrice
Feb 2, 2022
Source: N/A
Sold
$870,000
Dec 6, 2021
Source: CRMLS #SC21235326
Pending
$899,000
Nov 19, 2021
Source: CRMLS #SC21235326
Listed For Sale
$899,000
Mar 24, 2021
Source: N/A
ListingRemoved
Dec 1, 2018
Source: N/A
ListingRemoved
$1,750

Market trends in Morro Bay

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
40

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.
  • Trulia User
    "Safe and the most beautiful spot in California. It can get foggy and cold but a quick drive to SLO where the weather is always warm. Lots of wildlife and great for kids."
  • Bryson Plater
    "Farmers market, concerts, annual events happening on the Embarcadero, beach festivities, high school sports"
  • JT
    "Most employment is in nearby city of San Luis Obispo. My commute is approximately 15 minutes to work."
  • 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. "
  • Donden2
    "Not much traffic and most dogs on leash. Most dogs also seem friendly and well trained and cared for."
  • Courtney P.
    "Lots of traffic in some areas and tourist. Schools are great and lots of activities to do with the children "
  • 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."
  • Raymezz
    "Safe, quiet, and clean with that small town community feel. Great food, shopping and entertainment within walking distance."
  • Vonjoncircus
    "We have lots of hills, but the views are beautiful. Thereโ€™s nothing not to like. Thank you and have a great day"
  • 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."
  • 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."
  • 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."
  • Donden2
    "We walk to the store, movies, restaurants and the beach from our home. very safe place and nice neighbors."
  • 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."
  • Joanne1091
    "Itโ€™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."
  • Rebrunning
    "People are outdoors walking and riding bikes. Many walking dogs. Everyone is friendlyโ€”they wave walking by or driving by. Sometimes we have neighborhood potlucks, such as on 4th of July. Itโ€™s common to have a friend or neighbor stop by to talk or have a glass of wine. Itโ€™s just very friendly and homey"
  • Concertinab
    "The neighbors are friendly and look out for each other. We live near the beach and enjoy the fresh sea breezes. "
  • Breanna
    "Everything is within walking distance and everything is nice and well kept. Very nice. I love this area."
  • 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. "
  • 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. "

LGBTQ Local Legal Protections

Frequently asked questions about 554 Madera Ave

  • What is 554 Madera Ave estimated to be worth?
    Trulia's estimated value for 554 Madera Ave in Morro Bay, CA is $1,078,300.
  • What is the price history for 554 Madera Ave?
    554 Madera Ave in Morro Bay, CA last sold for $870,000 in February 2022.
  • 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.

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