245 Driftwood Street, Morro Bay, California 93442, Morro Bay, 93442 - 4 bed, 3 bath
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Morro Bay, California 93442
This Mediterranean Coastal Sanctuary is a premier move-in ready residence listed at $1,700,000, aligning perfectly with its $1,700,000 Fair Market Value. Boasting a Condition Rating of 3, the home features high-end upgrades like a Dacor stove, granite center island, and a unique Stiltz Lift for enhanced accessibility. Residents enjoy iconic Morro Rock and Bay views from private balconies while situated in the prestigious San Luis Coastal Unified district. Market data confirms this price point reflects stable local valuation for premium coastal properties, making it ideal for luxury-seeking families or coastal retirees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 Driftwood Street Subject | $1,700,000* List Price | 4 | 3 | 2,674 | $636 | - |
A 1229 Hillcrest Sold | $1,225,000 | 3 | 3 | 1,612 | $760 | 0.7 mi |
B 436 Morro Active | $1,995,000 List Price | 3 | 3 | 2,875 | $694 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is well within the 10-20 year range for a 'good' rating. It is move-in ready with high-end features including a Dacor stove, granite countertops, custom cabinetry, and a Stiltz Lift. While the Mediterranean styling and fixtures reflect the original build period, the home appears well-maintained with quality wood and tile flooring and no immediate need for renovation.
The property is ideally situated within walking distance of the Embarcadero, offering easy access to dining, shopping, and water activities while providing scenic views of Morro Rock and the bay.
The inclusion of a Stiltz Lift provides a modern and convenient alternative to stairs, making the two-story Mediterranean layout accessible for a wider range of buyers, including those planning for long-term aging in place.
With a bottom-floor bedroom featuring its own separate entrance and a master suite with private balconies and fireplaces, the home offers excellent privacy and potential for multi-generational living or guest accommodations.
The property has been on the market for over 300 days, which may lead to buyer skepticism regarding its pricing strategy or underlying demand in the current market climate.
At approximately 4,519 square feet, the lot is relatively small for a home of this square footage and price point, potentially deterring buyers who prioritize significant yard space or outdoor privacy.
Welcome to 245 Driftwood Street in the beautiful beach town of Morro Bay. This 4 bedroom, 2.5 bath home is close distance to the Embarcadero where you can shop, dine, wine taste, kayak and walk the beach to enjoy the beautiful view of the famous Morro Rock. This two-story home features tall ceilings, wood flooring and tile throughout, stainless steel appliances and landscaping all around. This Mediterranean style home is set back from the street providing extra privacy. The bottom bedroom has its own separate entrance and a covered patio. The great room is the perfect place to sit next to the fireplace and take in the views from the large windows. The kitchen is great for entertaining with its large granite center island, Dacor stove and custom cabinetry. Off the kitchen is one of two balconies where you can enjoy the sunshine and coastal breezes. The spacious master suite has a fireplace, balcony and a large bathroom complete with a walk-in shower, jacuzzi tub, dual sinks and a separate vanity with plenty of storage space. There is even a Stiltz Lift which is an alternative to using the stairs to the second story. You won't want to miss the opportunity to own a home close to the ocean in the charming town of Morro Bay!
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 | 59% |
| Square foot | 2,674 | 1,482 | 88% |
| Lot Size | 4,519 | 4,000 | 65% |
| Price | $1.70M | $950.0K | 88% |
| Price per sq ft | $636 | $677 | 43% |
| Built year | 2007 | 1972 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 322 | 187 | 88% |
Jun 4, 2025
$1,700,000
Initial Listing
Aug 18, 2016
$950,000
Public Record
Aug 23, 2013
$759,000
Public Record