
Morro Bay, California 93442
This Modern Single Family Residence is a Strong Value Opportunity, listed at $1,189,000—positioned above the $1,097,305 Fair Market Value. Built in 2018, the property maintains an Excellent Condition Rating, featuring a modern kitchen and contemporary finishes that ensure a move-in ready experience. Located near the Embarcadero, this home offers a desirable coastal lifestyle with a spacious 4-bedroom layout and a private deck. While the association fee is a factor, the home’s recent construction provides long-term stability, making it an ideal acquisition for Owner-Occupants or second-home buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1291 Main Subject | $1,189,000* List Price | 4 | 3 | 2,004 | $548 | - |
A 987 Allesandro Sold | $950,000 | 4 | 3 | 1,724 | $551 | 0.9 mi |
B 594 Kings Sold | $1,100,000 | 3 | 3 | 2,059 | $534 | 1.0 mi |
C 590 Downing Street Sold | $965,000 | 3 | 3 | 1,890 | $511 | 0.3 mi |
D 1310 Hillcrest Pending | $1,180,000 List Price | 3 | 3 | 2,054 | $574 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 8 years old, placing it well within the 'Excellent' category. The interior features a modern kitchen with white shaker cabinetry, stone countertops, and stainless steel appliances. Bathrooms are contemporary with floating vanities and updated fixtures. The home shows no signs of deferred maintenance and reflects mint, move-in ready condition.
Built in 2018, this home offers contemporary design, energy efficiency, and updated building standards, significantly reducing the need for immediate maintenance or renovations compared to older coastal stock.
Ideally situated near the Embarcadero, local beaches, and downtown amenities, the property provides residents with exceptional walkability and easy access to the best of Morro Bay's lifestyle.
With 4 bedrooms, 3 bathrooms, and over 2,000 square feet of living space, this property is well-suited for a primary residence, a high-capacity second home, or an income-producing rental opportunity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4230. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property listing indicates no specific views, which may be a competitive disadvantage in a coastal market where buyers often prioritize ocean or Morro Rock vistas.
The $600 monthly association fee represents a substantial recurring carrying cost that may impact buyer affordability and overall investment yield.
Experience the best of Central Coast living at this exceptional Morro Bay property. Ideally situated near the Embarcadero, beaches, and downtown amenities, this home combines coastal charm with modern comfort. Thoughtfully designed with inviting living spaces, abundant natural light, and a seamless indoor-outdoor feel, the property is perfect for entertaining or relaxing by the coast. Built in 2018, this home is prestigious! 4 Bedroom, 3 Bathroom, beautiful soaking tub in the Master retreat Whether you are searching for a primary residence, second home, or income-producing opportunity, this location and lifestyle are hard to beat
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 88% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,004 | 1,505 | 75% |
| Lot Size | 4,356 | 4,000 | 58% |
| Price | $1.19M | $950.0K | 70% |
| Price per sq ft | $593 | $675 | 37% |
| Built year | 2018 | 1974 | 96% |
| HOA | $600.0 | $0 | 98% |
| Days on market | 10 | 182 | 7% |
May 27, 2026
$1,189,000
Initial Listing
Nov 13, 2023
$975,000
Public Record
Aug 29, 2018
$729,000
Public Record
Jan 17, 2003
$837,500
Public Record