285 Bradley, Morro Bay, California 93442, Morro Bay, 93442 - 5 bed, 4 bath
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Morro Bay, California 93442
This Stunning Coastal Estate is a High-Potential Investment Opportunity, listed at $2,500,000—positioned well below the $2,597,958 Fair Market Value by 3%. This valuation gap offers $97,958 in Instant Equity for the discerning buyer. Featuring an Excellent Condition Rating with updated interiors and panoramic ocean views, this 3,552 sq. ft. residence offers a rare, turnkey lifestyle. It is an ideal acquisition for Owner-Occupants seeking a luxury retreat or High-Net-Worth Investors targeting a premier, bluff-top asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 285 Bradley Subject | $2,500,000* List Price | 5 | 4 | 3,552 | $731 | - |
A 410 Kings Avenue Active Under Contract | $2,240,000 List Price | 5 | 4 | 3,028 | $740 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the property is described as 'beautifully updated' and shows evidence of significant maintenance. The interior features high-quality hardwood floors, updated windows, and clean living spaces that are functional and move-in ready, consistent with a 5-15 year renovation cycle.
The property boasts rare, forever-protected panoramic views of Morro Rock and the Pacific Ocean, situated on a prestigious bluff-top lot adjacent to a golf course and state park.
With 3,552 square feet of living space, the home features five bedrooms and separate guest quarters, providing ideal flexibility for multi-generational families or high-end hosting.
Private ocean-view balconies attached to nearly every bedroom and living area create a seamless connection to the coastal environment and maximize the home's natural light.
Built in 1965, the residence may have underlying infrastructure or insulation standards that lag behind modern construction, potentially requiring specialized maintenance.
At a $2.5 million list price, the property represents a significant investment for the Morro Bay market, which may narrow the pool of qualified buyers.
This exceptional coastal estate offers an extraordinary opportunity to own one of Morro Bay's desired locationswhere homes rarely become available. Perfectly positioned on an expansive lot, this beautifully updated residence captures breathtaking panoramic views of the Pacific Ocean, Morro Bay, and the iconic Morro Rock. Designed to embrace the beauty of its surroundings, the home features private ocean-view balconies off nearly every bedroom and living space, creating seamless indoor-outdoor living and endless opportunities to enjoy spectacular sunsets, fresh ocean breezes, and the ever-changing coastal landscape. The spacious home offers four generously sized bedrooms, complemented by separate guest quarters ideal for extended family, visitors, or additional flexibility. The luxurious primary suite is a true retreat, complete with a cozy fireplace, oversized layout, and stunning ocean vistas. Rich hardwood floors, that enhance the home's sophisticated coastal charm. Located on a quiet street adjacent to the golf course and state park, you'll enjoy peaceful surroundings while remaining just minutes from Morro Bay's vibrant Embarcadero, boutique shopping, waterfront restaurants, and charming downtown. With unobstructed, forever-protected whitewater views, timeless elegance, and one of the most desirable bluff-top settings on the Central Coast, this remarkable property offers a rare combination of luxury, privacy, and the quintessential Morro Bay lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 2.5 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,552 | 1,700 |
| Lot Size | 9,874 | 4,000 |
| Price | $2.50M | $1.01M |
| Price per sq ft | $704 | $655 |
| Built year | 1965 | 1978 |
| HOA | $0 | $0 |
| Days on market | 9 | 78 |
Jul 13, 2026
$2,500,000
Initial Listing
Dec 18, 2012
$975,000
Public Record
Nov 22, 2000
$640,000
Public Record
Jul 27, 1998
$450,000
Public Record