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Back 485 Morro Ave
Off Market

485 Morro Ave

Morro Bay CA 93442

3
3
2
3242 sq. ft.
23632 sq. ft.
Single-Family
Last sold for $1,750,000
Chris BathChris Bath, last sold this property on 13 April 2026 after 206 days on market.

Overview

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 possibilities. Potential for 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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3242 sq. ft. floor area
23632 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Morro Bay over the last 12 months, the estimated median property value of 485 Morro Ave is $1.09m.

Median value
$1.09m
Estimated value range
$715k - $3.4m
Median days on market
33
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morro Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 485 Morro Ave

2026
Sold
$1,750,000
13 Apr 2026 by Chris Bath, of Coast Realty

Happy sellers in Morro Bay

~%

We have insufficient information to provide an overview of customer satisfaction for Morro Bay. Viewing the agent profiles, reviews and sales for Morro Bay can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Morro Bay

In the last 12 months, 54 three-bedroom single-family properties similar to 485 Morro Ave, have been sold.

This represents a 7% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Morro Bay

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Tim Cowan

Tim Cowan is a recommended agent for Morro Bay.  They have 6 local sales and collected 2 local reviews across the last 12 months.

  •   5   (2 reviews)
  •  2 Reviews in Morro Bay
  •  6 Sales in Morro Bay
View profile
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Austin Haller

Sellers who recommend Austin Haller have praised them for being local expert, responsive, clear communication, hard-working, reliable, supportive, and detail-oriented

  •   5   (46 reviews)
  •  2 Reviews in Morro Bay
  •  3 Sales in Morro Bay
View profile
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Christa Lowry

Christa Lowry is a recommended agent for Morro Bay.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (90 reviews)
  •  1 Review in Morro Bay
  •  2 Sales in Morro Bay
View profile
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Katherine Casey

Katherine Casey is a recommended agent for Morro Bay.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Morro Bay
  •  1 Sale in Morro Bay
View profile
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