381 Rennell, Morro Bay, California 93442, Morro Bay, 93442 - 2 bed, 1 bath
Loading property details...
Morro Bay, California 93442
This Remodeled Single-Family Residence is a Strong Value Opportunity, listed at $819,000—positioned well above the $757,925 Fair Market Value by 8%. While priced at a premium, the home features a Condition Rating of 2, showcasing modern LVP flooring, vaulted ceilings, and a move-in ready interior. Located in the San Luis Coastal Unified district with access to 7-rated schools, this property offers a desirable coastal lifestyle with a fenced front deck. It is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, low-maintenance coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 381 Rennell Subject | $819,000* List Price | 2 | 1 | 880 | $861 | - |
A 440 Luzon Sold | $759,000 | 2 | 1 | 748 | $1,015 | 0.2 mi |
B 440 Panay Sold | $735,000 | 2 | 2 | 880 | $835 | 0.1 mi |
C 491 Luzon Sold | $690,000 | 2 | 1 | 840 | $821 | 0.2 mi |
D 431 Java Street Active | $785,000 List Price | 2 | 2 | 750 | $1,047 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been recently remodeled as evidenced by the modern LVP flooring, fresh paint, and updated lighting fixtures shown in the images. Although originally built in 1972, the renovation appears to be within the last 5 years, featuring vaulted wood ceilings in mint condition and a move-in ready interior with no visible maintenance needs.
The home features modern updates and vaulted ceilings, offering a contemporary feel and easy accessibility with its desirable single-story layout.
An additional room provides the versatility to be used as a third bedroom or a home office, maximizing the functional utility of the interior space.
Situated in North Morro Bay near top-rated schools, the property includes a fenced front deck perfectly positioned for enjoying scenic California sunsets.
With only 880 square feet of living area and a small 2,400 square foot lot, the property offers limited space for larger families or those seeking significant yard area.
The home features only one bathroom, which may be a significant drawback for buyers expecting more convenience in a multi-bedroom residence at this price point.
Lovely remodeled 2 bedroom home in north Morro Bay. Single level living!! Vaulted ceilings. Extra added room can be third bedroom or office. The fenced front deck area is great for enjoying sunsets!!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 5.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 880 | 1,505 | 16% |
| Lot Size | 2,400 | 4,000 | 21% |
| Price | $819.0K | $940.0K | 32% |
| Price per sq ft | $931 | $675 | 81% |
| Built year | 1972 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 182 | 7% |
May 15, 2026
$819,000
Initial Listing
Jun 2, 2023
$785,000
Public Record
Feb 8, 2022
$600,000
Public Record
Jan 25, 1995
$166,000
Public Record