
Morro Bay, California 93442
This Coastal Condominium represents a Strong Value Opportunity, listed at a List Price of $875,000, which aligns with its $875,000 Fair Market Value. While the property maintains a Condition Rating of 4, recent refreshments including new paint and carpet provide a move-in ready foundation. Residents enjoy premium amenities like a community pool, spa, and clubhouse near the Morro Bay Golf Course. This property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or Buy-and-Hold Investors targeting the desirable Bayshore Village market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 173 Sandpiper Lane Subject 3 bd · 3 ba · 1,584 sqft · $552 | $875,000* List Price | 3 | 3 | 1,584 | $552 | - |
A 182 Sandpiper Sold 2 bd · 2 ba · 1,388 sqft · $684 · 0.0 mi | $950,000 | 2 | 2 | 1,388 | $684 | 0.0 mi |
B 735 Piney Way Sold 2 bd · 3 ba · 1,475 sqft · $675 · 0.7 mi | $995,000 | 2 | 3 | 1,475 | $675 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (over 30 years old). While the property has been refreshed with new carpet and paint, the kitchen and bathrooms remain dated, featuring original 1990s-style tile countertops, older cabinetry, and brass fixtures that will eventually require updating.
Situated in the desirable Bayshore Village, the property offers immediate access to the bay, Morro Bay Golf Course, and the Embarcadero, providing a quintessential California coastal lifestyle.
The home features thoughtful refreshments including new interior paint, new carpeting, and updated appliances, significantly reducing immediate post-purchase maintenance costs for the buyer.
Residents benefit from a clubhouse, pool, and spa located just outside their door, along with bayfront picnic areas, enhancing the property's recreational and social appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1584.
With 222 days on the market and multiple price reductions from the original $915,000, the property may face buyer hesitation regarding its market value or demand.
The monthly association fee of $590.68 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Welcome to the pristine Bayshore Village community, where the soothing sound of the surf and refreshing ocean breezes set the tone for everyday living. This exceptional opportunity offers a spacious ±1,584 sq ft, three-bedroom, two-and-a-half-bath condominium in one of Morro Bay's most desirable coastal neighborhoods. Just moments from the shoreline, with bayfront picnic areas nearby and the community pool, spa, and clubhouse just outside your door, every day feels like a seaside retreat. Inside, the home offers warm California coastal cottage charm and has been thoughtfully refreshed with fresh interior paint, new carpet, and updated appliances. Inviting gas fireplaces in both the living room and the primary suite create the perfect setting for relaxing after a day at the beach. Ideally located just around the corner from the Morro Bay Golf Course and only minutes from downtown shops, restaurants, and the Embarcadero, this is a rare opportunity to experience the relaxed charm of California's Central Coast. Don't miss your chance to make this coastal escape your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,584 | 993.4 |
| Lot Size | 1,742.4 | 993.4 |
| Price | $875.0K | $608.6K |
| Price per sq ft | $552 | $586 |
| Built year | 1991 | 1980 |
| HOA | $590.68 | $451 |
| Days on market | 254 | 53 |
Sep 23, 2026
$875,000
$895,000
-2% Price Drop
Initial Listing
Apr 10, 2026
$895,000
$915,000
-2% Price Drop
Initial Listing
Feb 13, 2026
$915,000
Initial Listing