998 Balboa St, Morro Bay, CA 93442
OFF MARKET
Listed by Stanley Craig, BHGRE HAVEN PROPERTIES, (805) 592-2050 . Bought with RE/MAX Success

998 Balboa St
Morro Bay, CA 93442

  • 3 Beds
  • 2 Baths
  • 896 sqft

$1,086,400

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $6,470/mo*
Refinance Your Home

$1,086,400

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $6,470/mo*
Refinance Your Home
3 Beds
2 Baths
896 sqft

Local Information

  • Map ViewExplore the area around 998 Balboa St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Endless Possibilities in Morro Heights! This expansive corner lot offers exceptional versatility with two separate homes on a spacious 9,400 sq. ft. lot. The primary residence features 2 bedrooms and 1 bathroom, while the secondary unit is a 1 bedroom, 1 bathroom—perfect for rental income, extended family, or a private guest retreat. Located in desirable Morro Heights, you're just blocks away from Morro Bay's historic downtown, charming shops, restaurants, and the stunning Morro Bay State Park. Whether you're looking to build your dream home with a detached rental unit, renovate and maximize rental income, or explore adding a third unit (buyer to verify with the City of Morro Bay),this property offers a rare opportunity in a neighborhood evolving toward the future.
998 Balboa St, Morro Bay, CA 93442 is a 3 bedroom, 2 bathroom, 896 sqft single-family home built in 1949. It last sold for $1,054,000 on Aug 15, 2025 (1% below the $1,069,000 asking price). It is currently off market. The Trulia Estimate is $1,086,400, with a rent estimate of $3,230/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 998 Balboa St

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Bathroom, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 896 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead UtilitiesAppliances: Electric Range, Gas Range, Gas Water Heater, Water HeaterLaundry: Electric Dryer Hookup,Gas Dryer Hookup,Inside
Heating & Cooling
No CoolingAir Conditioning: None
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, LaminateCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Up StairsFloors: Carpet, Laminate
View
Has a ViewView: Hills, Ocean
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition Rolled Hot MopPatio / Porch: DeckFencing: Fair Condition, WoodOther Structures: Guest House Detached, Guest HouseFoundation: RaisedNo 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,RV Access/Parking,One Space
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 70

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: FixerParcel Number: 066084063

Price & Status

Price
List Price: $1,069,000
Status Change & Dates
Off Market Date: Fri Aug 15 2025

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, Fishing, Golf, Hiking, Street Lights, Water Sports, ParkNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 9400 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: SC25108161Living Area Range Units: Square FeetWater ViewWater View: OceanAttribution Contact: 805-235-0514Common Interest: NoneUniversal Property Id: US-06079-N-066084063-R-N

Additional Information

BikingFishingGolfHikingStreet LightsWater SportsPark
Last check for updates: about 7 hours ago
Listed by Stanley Craig DRE #00995466, (805) 235-0514
BHGRE HAVEN PROPERTIES
Bought with: Renee Neel DRE #01942360, (805) 471-4254, RE/MAX Success
Co-Buyer's Agent: Amy Austin DRE #00995466, GUIDE Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SC25108161

Price History for 998 Balboa St

DatePriceEventSource
08/15/2025$1,054,000Sold
CRMLS #SC25108161
07/25/2025$1,069,000ContingentCRMLS #SC25108161
05/16/2025$1,069,000Listed For SaleCRMLS #SC25108161
01/09/1995$92,000Sold
N/A
08/01/1994$143,342Sold
N/A

Market trends in Morro Bay

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
40
5MoM
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Property Tax and Assessment

Year2025
Tax$2,741
Assessment$248,700
Home facts updated by county records

Comparable Sales for 998 Balboa St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
594 Kings Ave, Morro Bay, CA
0.04
Single-Family Home
$1,100,000
05/22/26
3
2.5
2,059
477 Kings Ave, Morro Bay, CA
0.24
Single-Family Home
$1,450,000
07/24/25
3
2
1,446
987 Allesandro St, Morro Bay, CA
0.11
Single-Family Home
$950,000
02/19/26
4
3
1,724
925 Pecho St, Morro Bay, CA
0.22
Single-Family Home
$831,000
02/19/26
2
1
892
943 Pecho St, Morro Bay, CA
0.19
Single-Family Home
$825,000
12/26/25
2
1
780
1000 Ridgeway St, Morro Bay, CA
0.35
Single-Family Home
$1,300,000
04/21/26
3
2.5
2,017
595 Driftwood St, Morro Bay, CA
0.52
Single-Family Home
$950,000
10/09/25
2
1.5
1,030
418 Tulare Ave, Morro Bay, CA
0.31
Single-Family Home
$725,000
10/15/25
2
1
900

Nearby homes

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Assigned Schools

These are the assigned schools for 998 Balboa St.
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

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Homes for sale near 998 Balboa St

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Off Market Homes Near 998 Balboa St

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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 2026-02-09 09:51:42 PST 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