
Morro Bay, California 93442
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $786,692 Fair Market Value by 7%. This valuation gap offers $61,692 in Instant Equity for the buyer. Featuring an updated kitchen, luxury vinyl flooring, and stunning panoramic ocean views, the home maintains a Condition Rating of 3. Located steps from Del Mar Park and top-rated schools, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2945 Hemlock Subject 2 bd · 3 ba · 997 sqft · $772 | $725,000* List Price | 2 | 3 | 997 | $772 | - |
A 2785 Hemlock Avenue Sold 2 bd · 2 ba · 1,242 sqft · $620 · 0.2 mi | $770,000 | 2 | 2 | 1,242 | $620 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999 (25 years old), the property is exceptionally well-maintained and move-in ready. While the kitchen cabinets and tile countertops are dated, the home features recent updates including luxury vinyl flooring and stainless steel appliances, fitting the criteria for a functional, turnkey residence.
The property offers stunning, unobstructed views of Morro Rock, the surf, and the beach, providing a premium coastal living experience from the rear porch.
Featuring updated luxury vinyl flooring and a modernized kitchen with a center island, this home is move-in ready with high-quality, clean finishes.
Ideally situated next to Del Mar Park and within walking distance to the beach and local amenities, the home offers a highly walkable and active lifestyle.
At just 997 square feet, the interior living space is relatively small for a 2-bedroom, 3-bathroom home, which may feel restrictive for some buyers.
The 1,648-square-foot lot is quite small for a detached single-family residence, offering minimal private yard space and limited potential for expansion.
We are proud to present 2945 Hemlock Ave, a well-built and beautifully maintained home in a fantastic Morro Bay neighborhood with stunning views of Morro Rock, surf, and the beach. From the rear porch, you can sit back and enjoy the scenery all day long, with beautiful coastal sunsets providing the perfect finish to each evening. This 2-bedroom, 2 1/2-bath home offers approximately 997 square feet of thoughtfully designed living space with an open-concept floor plan, updated luxury vinyl flooring, and an updated kitchen featuring a center island. Clean finish work and tasteful updates throughout give the home a fresh, polished feel and create a truly turnkey opportunity. Outside, the property is fully fenced with well-designed, paved side yards that provide attractive and functional outdoor space with minimal upkeep. The home is ideally located next to Del Mar Park, one of the area's best recreational areas complete with pickle ball, playground, and dog park. Beach access is within easy walking distance. Nearby shops, restaurants, and everyday conveniences make getting around by foot, bike, or car easy. A well-built, move-in-ready home in an exceptional coastal location, with views that make every day feel like a vacation. This is the Morro Bay lifestyle at its best.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 5.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 3.0 | 2.4 |
| Square foot | 997 | 1,617.875 |
| Lot Size | 1,648 | 3,978.5 |
| Price | $725.0K | $1.02M |
| Price per sq ft | $727 | $625 |
| Built year | 1999 | 1979 |
| HOA | $0 | $135 |
| Days on market | 39 | 62 |
Sep 15, 2026
$725,000
Initial Listing
May 14, 1999
$178,500
Public Record