2620 Koa Ave., Morro Bay, California 93442, Morro Bay, 93442 - 2 bed, 2 bath
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Morro Bay, California 93442
This Stunning Turnkey Coastal Residence is a Prime Investment Opportunity listed at $1,195,000—positioned below the $1,228,987 Fair Market Value by 2%. This valuation gap provides $33,987 in Instant Equity. Boasting a Mint Condition Rating, the home features 180-degree panoramic ocean views, a 400-square-foot deck, and a remodeled marble kitchen. Located in the San Luis Coastal Unified district near Del Mar Elementary, it combines financial safety with a premium lifestyle. This is an ideal acquisition for Owner-Occupants or coastal lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2620 Koa Ave. Subject | $1,195,000* List Price | 2 | 2 | 1,505 | $817 | - |
A 160 Verdon Sold | $1,155,000 | 2 | 2 | 1,362 | $848 | 0.6 mi |
B 2637 Laurel Avenue Sold | $970,000 | 3 | 3 | 1,600 | $606 | 0.0 mi |
C 165 Damar Sold | $1,228,000 | 3 | 2 | 1,560 | $787 | 0.7 mi |
D 190 Verdon Sold | $1,280,000 | 3 | 2 | 1,482 | $864 | 0.5 mi |
E 2695 Hemlock Avenue Sold | $905,000 | 3 | 3 | 1,477 | $613 | 0.2 mi |
F 679 Elena Street Active | $1,250,000 List Price | 3 | 2 | 1,738 | $719 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1953, the property has undergone a high-end, recent renovation that places it in mint condition. The kitchen is fully remodeled with modern marble countertops, a farmhouse sink, and premium cabinetry. Both bathrooms feature designer updates, and the home includes high-quality engineered mahogany flooring, 18-foot ceilings, and updated systems like a three-way reverse osmosis unit, requiring no maintenance.
The property features a massive 400-square-foot deck and expansive windows providing 180-degree panoramic views of the Pacific Ocean and Morro Rock from nearly every room.
The home boasts a sophisticated renovation including 18-foot ceilings, engineered mahogany flooring, and a chef's kitchen with marble countertops and a farmhouse sink.
Unique functional additions include a finished attic for extra storage or office use, plus rare off-street parking specifically designed to accommodate an RV.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4268, other record lot size in square feet = 3589.
With only two bedrooms at a price point of $1.195M, the property may have a narrower appeal to families or buyers requiring more sleeping quarters.
The 4,268-square-foot lot is relatively small, which limits private yard space and potential for future footprint expansion or significant landscaping.
Welcome to Morro Bay! Upon entering this stunning home, you’ll enjoy single-level living with two bedrooms and two baths across 1,505 square feet of living space on a 4,268-square-foot lot, plus a 400-square-foot full ocean-view deck offering 180° panoramic views of the Pacific Ocean and Morro Rock. From the moment you enter, 18-foot ceilings and interiors full of natural light create a sense of openness and warmth.The open-concept layout seamlessly connects the living, dining, and kitchen spaces—perfect for both relaxed everyday living and effortless entertaining. Rich engineered mahogany wood flooring, elegant crown molding, and expansive front-facing windows frame breathtaking, unobstructed views of the Pacific Ocean and iconic Morro Rock—visible from nearly every corner, including the kitchen, dining area, family rooms, and even the entryway. At the heart of the home, the recently remodeled kitchen is as functional as it is beautiful. Enjoy cooking with a view at the center island with gas range and bar seating, complemented by marble countertops, a farmhouse sink, pendant lighting, and crisp white cabinetry with glass accents and built-in storage. The living room offers a cozy environment and a flexible workspace—ideal for remote work or creative pursuits—while the dining area, with beautiful views and finished with a statement chandelier, creates the perfect setting for memorable meals. Both bathrooms have been tastefully updated with unique, designer finishes, adding a touch of luxury and personality to the home. A finished attic provides valuable bonus space for storage, hobbies, or a tucked-away office. Step outside to the show-stopping 400-square-foot ocean-view deck—an entertainer’s dream. Perched above the garage, this expansive space delivers sweeping 180° panoramic views, making it the perfect backdrop for sunset gatherings, morning coffee, or simply soaking in the coastal beauty. Additional highlights include a dedicated laundry area, two-car garage, ample off-street parking with space for an RV, low-maintenance landscaping, and a three-way reverse osmosis drinking water system. This is more than a home—it’s a front-row seat to one of California’s most breathtaking coastal settings. Information not verified.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 4.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,505 | 1,482 | 55% |
| Lot Size | 4,268 | 4,000 | 61% |
| Price | $1.20M | $950.0K | 65% |
| Price per sq ft | $794 | $680 | 71% |
| Built year | 1953 | 1972 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 186 | 2% |
Apr 2, 2026
$1,195,000
Initial Listing
Mar 26, 2018
$723,500
Public Record