2990 Fir, Morro Bay, California 93442, Morro Bay, 93442 - 3 bed, 3 bath
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Morro Bay, California 93442
This Versatile Income-Producing Property is listed at $1,099,000, offering a strategic entry into the North Morro Bay market. With a Condition Rating of 4, the residence provides a clear value-add path through cosmetic modernization of its original 1998 finishes. The dual-level floorplan features a main home with vaulted ceilings and peek-a-boo ocean views, plus a separate 1-bedroom rental unit to offset mortgage costs. Situated just steps from Del Mar Elementary, this home combines coastal lifestyle appeal with high rental demand. It is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2990 Fir Subject | $1,099,000* List Price | 3 | 3 | 1,662 | $593 | - |
A 2675 Juniper Avenue Sold | $1,072,850 | 3 | 3 | 2,000 | $536 | 0.4 mi |
B 2637 Laurel Avenue Sold | $970,000 | 3 | 3 | 1,600 | $606 | 0.4 mi |
C 2556 Nutmeg Avenue Sold | $1,100,000 | 3 | 3 | 2,217 | $496 | 0.5 mi |
D 2479 Hemlock Avenue Sold | $787,500 | 4 | 2 | 1,415 | $557 | 0.5 mi |
E 2640 Maple Active | $1,149,000 List Price | 3 | 3 | 1,667 | $689 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is over 25 years old and appears to retain most of its original finishes. The kitchen features dated oak cabinetry, green countertops, and older white appliances. The interior shows significant signs of its era, including teal carpeting, patterned vinyl flooring, and dated wallpaper. While the home appears well-maintained and functional, it requires cosmetic updates to meet modern standards.
The property features a separate downstairs 1-bedroom apartment with a private entrance and kitchenette, offering an excellent opportunity for rental income or multi-generational living.
Located in North Morro Bay near the beach, the home includes a wraparound balcony with peek-a-boo ocean views and vaulted ceilings that enhance the airy, beach-retreat atmosphere.
With dual street access from Fir and Greenwood, a two-car garage, and extra storage space that could serve as a fourth bedroom, the layout provides exceptional utility and flexibility.
The ocean views are described as 'peek-a-boo,' which may be a drawback for buyers specifically seeking unobstructed or panoramic coastal vistas at this price point.
The 4,000 square foot lot is relatively compact, which may limit outdoor activities or landscaping possibilities for those desiring a larger private yard.
Is it finally time to make that beach home dream a reality? Unique opportunity in North Morro Bay - this versatile 1,666 sq ft property is ideal as a beach retreat, income-producing investment, or BOTH. The upstairs unit offers 2 bedrooms and 2 baths, vaulted ceilings, an open living/dining/kitchen flow including a sweeping wraparound side/front balcony, perfect for outdoor living with peek-a-boo white cap ocean waves and sunset views; the primary suite includes mirrored closets and a private bath with dual sinks and a walk-in shower. The additional upstairs bedroom is spacious and shares the guest bath which offers dual sinks and shower / tub combo. Downstairs features a separate 1-bedroom, 1-bath apartment with kitchenette and private entrance—perfect for rental income, guests, or multi-gen living—while interior stairs connect both levels to a 2-car garage, laundry and extra storage or living space that could serve as a fourth bedroom. Practical highlights include dual access from Fir St. and Greenwood, ample covered parking, yard area, and plenty of street parking. With its flexible floorplan and proximity to the sand, this North Morro Bay home is a rare find—schedule a showing to see its potential now.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades 6-8 • 5.2 mi
Grades 9-12 • 1.1 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 | 1,662 | 1,482 | 63% |
| Lot Size | 4,000 | 4,000 | 50% |
| Price | $1.10M | $950.0K | 61% |
| Price per sq ft | $661 | $677 | 43% |
| Built year | 1998 | 1972 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 186 | 2% |
Apr 8, 2026
$1,099,000
Initial Listing