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Back 5/490 Morro Ave
Off Market

5/490 Morro Ave

Morro Bay CA 93442

1
1
1
530 sq. ft.
530 sq. ft.
Condo
Last sold for $535,000
Ian ChandlerIan Chandler, last sold this property on 13 July 2026 after 46 days on market.

Overview

Set on the edge of the Embarcadero, this turnkey Morro Bay condo puts you just a one-minute walk from the waterfront and minutes from the best of Morro Bay. Step out to the front of the complex and take in beautiful views of Morro Rock, with Franklin Riley Park across the street, Tidelands Park and playground nearby, and easy access to the harbor, waterfront dining, coffee shops, art galleries, kayaking, paddleboarding, coastal trails, the Main Street Farmers Market, Morro Bay Golf Course, Morro Bay State Park, and the Museum of Natural History. Inside, this 1-bedroom end-unit condo is bright, inviting, and in excellent condition, with abundant natural light and peekaboo views of the bay and Black Hill. The living area features an electric fireplace, creating a comfortable place to unwind after a day by the water. The kitchen is well appointed with custom cabinetry, soft-close drawers, a large single-basin sink, and an Electrolux range with induction cooktop. The bedroom includes a walk-in closet, while the bathroom features a large walk-in shower and a stacked washer and dryer for everyday convenience. The condo also includes a designated covered carport directly below the unit, offering easy access, plus private storage space for beach gear, golf clubs, bikes, or weekend essentials. The HOA has been well managed, with recent exterior improvements including fresh paint, a new roof, new railings, and other updates throughout the property. Whether you’re looking for a low-maintenance coastal getaway, a convenient second home, or a quiet Morro Bay retreat to escape the heat of the valley or the pace of the city, this condo is ready to enjoy from day one.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
530 sq. ft. floor area
530 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Morro Bay over the last 12 months, the estimated median property value of 5/490 Morro Ave is $535k.

Median value
$535k
Estimated value range
$464.5k - $642.5k
Median days on market
61
Estimated value trend
-17%
decrease 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 5/490 Morro Ave

2026
Sold
$535,000
13 Jul 2026 by Ian Chandler, of Home & Ranch Sotheby's Intl
2025
Sold
$499,000
11 Jul 2025 by Lorraine Sterkel, of Horizon Realty & Property Mgt
2015
Sold
$307,000
21 Nov 2015

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 1 bedroom condos in Morro Bay

In the last 12 months, 3 one-bedroom condos similar to 5/490 Morro Ave, have been sold.

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
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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   (47 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
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