
Morro Bay, California 93442
This Turnkey Coastal Sanctuary is listed at $989,000, representing a premium Move-in Ready residence with a Fair Market Value of $878,305. Boasting an Excellent Condition Rating (2), the home features a Modern Granite Kitchen, vaulted ceilings, and breathtaking Ocean Views. A significant highlight is the Separate 1-Bedroom Downstairs Suite, providing excellent flexibility for guests or rental income. Situated near 7-rated schools including Del Mar Elementary and Morro Bay High, this property offers a high-quality lifestyle in a prime location. It is an ideal match for Owner-Occupants or Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Orcas Subject | $989,000* List Price | 3 | 2 | 912 | $963 | - |
A 440 Panay Sold | $735,000 | 2 | 2 | 880 | $835 | 0.0 mi |
B 440 Luzon Pending | $759,000 List Price | 2 | 1 | 748 | $1,015 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone an extensive recent renovation within the last 5 years. The kitchen is completely updated with brand-new stainless steel appliances (still showing manufacturer stickers), modern white shaker-style cabinetry, and granite countertops. The interior features new grey wood-look laminate flooring throughout, fresh neutral paint, and updated contemporary light fixtures. The home also benefits from vaulted ceilings with painted beams and newer vinyl dual-pane windows. The property is in move-in ready condition with no visible deferred maintenance.
The property features a separate 1-bedroom, 1-bath living area downstairs, providing excellent flexibility for rental income, guest quarters, or multi-generational living.
Situated in a highly desirable Morro Bay neighborhood, the home offers ocean views and is just minutes from Morro Rock, the beach, and the popular Embarcadero.
The inclusion of outdoor decking and a backyard space allows residents to fully utilize the mild Central Coast climate for gardening and entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At only 912 square feet for a three-bedroom configuration, the interior living spaces may feel significantly cramped for families or those requiring more room.
With a list price of $989,000 for under 1,000 square feet, the property commands a premium price point that may be difficult to justify for some buyers or appraisals.
Enjoy the best of ocean view coastal living at 455 Orcas Street in beautiful Morro Bay. This two-story, two-car garage home is situated in a desirable neighborhood minutes from the ocean, Morro Rock, and the charming Embarcadero! Offering a functional layout, the home has been well maintained, blending classic coastal character with modern livability. Enjoy living spaces that create a warm and welcoming atmosphere, all while enjoying cool coastal breezes and ocean views. The kitchen opens to the main living area, making it ideal for both everyday living and entertaining. This home features 2 bedrooms and 1 bath upstairs as the main living area, and a separate 1-bedroom 1-bath living area downstairs that could accommodate guests or tenants, with privacy. The home offers flexibility for a variety of lifestyles, whether as a full-time residence, second home, or more specifically, an investment opportunity. Outdoor decking and backyard provide space to relax and enjoy the mild Central Coast climate, with potential for gardening, entertaining, or simply relaxing. Located near beaches, hiking trails, golf, and local shops and restaurants, this home offers convenient access to everything that makes Morro Bay such a special place to live, work, or retire. Whether you’re looking for a primary residence, vacation getaway, or income property, this is a great opportunity to own a special piece of the Central Coast. Call your favorite realtor today for an exclusive showing!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 5.8 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 912 | 1,477 | 18% |
| Lot Size | 2,400 | 4,000 | 29% |
| Price | $989.0K | $950.0K | 55% |
| Price per sq ft | $1.1K | $680 | 90% |
| Built year | 1973 | 1972 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 186 | 2% |
Apr 10, 2026
$989,000
Initial Listing
Sep 30, 1998
$165,000
Public Record
Jun 25, 1998
$140,000
Public Record