485 Morro Avenue

  • $2,750,000
Morro Bay, California
Active
485 Morro Avenue
Morro Bay, California
  • $2,750,000

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages
  • 3242
  • Sqft
  • 413755
  • Property ID

Description

A Legacy Central California Coastal Property. Rare opportunity for investors, developers, or boutique builders to secure over half an acre (.54 acres / 23,632 sq. ft.) in the heart of Morro Bay with prime build-out potential. Two separate lots, next to a City Park plus the option of acquiring an adjacent abandoned city street, create room for an expanded development footprint. The 1930s residence offers 3,242 sq. ft. across two units, each with separate electric and gas meters. The main home includes 2 bedrooms and 2 baths with sweeping views of the bay and Morro Rock, while the secondary unit enjoys south-facing vistas across the park and waterfront. Known locally as The Red House, the property is crowned by the storied crow’s nest, one of Morro Bay’s most recognizable architectural features. Whether redeveloped or preserved as a private estate, this is a once-in-a-lifetime opportunity blending history, views, and exceptional potential on California’s Central Coast.

Details

Updated on September 25, 2025 at 8:04 am
Listed by Christopher Bath, Coast Realty
  • Property ID: 413755
  • Price: $2,750,000
  • Property Size: 3242 Sqft
  • Land Area: 23632 Square Feet
  • Bedrooms: 3
  • Bathrooms: 3
  • Garages: 2
  • Year Built: 1930
  • Property Type: Residential
  • Property Status: Active

Schedule a Tour

Tour Type

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

360° Virtual Tour

https://shotsofspots.com/485-Morro-Ave-1/idx

Similar Listings

Compare listings

Compare
  • Eddy