
Morro Bay, California 93442
This Custom Coastal Residence is a Prime Investment Opportunity, listed at $1,370,000—positioned well below the $1,403,970 Fair Market Value by 2%. This valuation gap offers $33,970 in Instant Equity for incoming buyers. Featuring an Excellent Condition Rating, the home delivers unobstructed panoramic views of Morro Rock and a gourmet kitchen with modern cabinetry. Situated in the San Luis Coastal Unified district near Del Mar Elementary, it perfectly balances financial upside with a premium lifestyle. This property is ideal for Owner-Occupants or luxury lifestyle buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2621 Maple Avenue Subject | $1,370,000* List Price | 3 | 3 | 2,508 | $560 | - |
A 2556 Nutmeg Avenue Sold | $1,100,000 | 3 | 3 | 2,217 | $496 | 0.1 mi |
B 2559 Greenwood Sold | $989,000 | 3 | 3 | 2,384 | $415 | 0.3 mi |
C 2675 Juniper Avenue Sold | $1,072,850 | 3 | 3 | 2,000 | $536 | 0.1 mi |
D 2637 Laurel Avenue Sold | $970,000 | 3 | 3 | 1,600 | $606 | 0.0 mi |
E 2560 Juniper Active Under Contract | $1,599,000 List Price | 4 | 3 | 2,648 | $604 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, this 25-year-old custom home is exceptionally well-maintained and move-in ready. While the age technically falls into the 'Fair' bracket, the modern-style cabinetry, updated kitchen surfaces, and pristine interior condition suggest a high level of care or a mid-life refresh (5-15 years ago), making it functional and contemporary.
The property boasts breathtaking, unobstructed panoramic views of Morro Rock and the Pacific Ocean, providing a significant 'wow' factor and premium value.
Built in 2001, this custom home features a spacious 2,508 sq ft open floor plan with a gourmet kitchen, dedicated prep area, and large windows that maximize natural light.
Situated in the desirable Morro Bay Heights, the home is within close proximity to highly-rated schools like Del Mar Elementary and Morro Bay High School.
The 4,000 sq ft lot is relatively compact for a home of this size, which may limit private outdoor yard space and gardening opportunities.
All bedrooms are located on the lower level, which may be a drawback for buyers who prefer a main-level primary suite or a more traditional bedroom distribution.
Perched in Morro Bay Heights, this beautifully designed custom built home has unparalleled ocean views of Morro Rock and the Pacific Ocean! With 2,508 sq ft, this property offers 3 bedrooms and 2.5 bathrooms on a 4,000 sq ft lot. The "Wow" factor of this home with its unobstructed views, delivers one of the city's most breathtaking coastal panoramas.The main living level is bathed in natural light with large windows and slider doors that frame the gorgeous ocean views. The open floor plan connects the living room, dining area, and kitchen. The spacious and thoughtfully designed kitchen features modern-style cabinetry, tile flooring, a center island, a separate bar/prep area, a walk-in pantry and a built-in desk/workspace. All three bedrooms are located on the lower level and two include full ocean views, each with a slider door opening to a view deck.The primary bedroom includes a large walk-in closet and ensuite bathroom. Additional features include a two-car garage with ample storage and a separate laundry room with a sink and door to the exterior. This exceptional property should not be missed! Information not verified.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 4.9 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,508 | 1,482 | 88% |
| Lot Size | 4,000 | 4,000 | 50% |
| Price | $1.37M | $950.0K | 75% |
| Price per sq ft | $546 | $677 | 25% |
| Built year | 2001 | 1972 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 1 | 186 | 2% |
Apr 21, 2026
$1,370,000
Initial Listing
Jul 17, 1997
$75,000
Public Record
Jan 16, 1996
$55,000
Public Record