482 Yerba Buena Street, Morro Bay, California 93442, Morro Bay, 93442 - 6 bed, 3 bath
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Morro Bay, California 93442
Analysis of 482 Yerba Buena Street, Morro Bay, California 93442 is currently available with a list price of $1,095,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Morro Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1963 with renovations that appear to be 15-25 years old. While the home is clean, functional, and features stainless steel appliances and recessed lighting, the honey-oak cabinetry, vinyl flooring, and bathroom fixtures are dated and will eventually require modernization to meet current market standards.
With 6 bedrooms and separate living and dining areas on both levels, this floor plan is exceptionally well-suited for large families, guest hosting, or multi-generational living arrangements.
The property is ideally located moments from Morro Strand State Beach and features a second-story patio with ocean views, capturing the quintessential Morro Bay lifestyle.
Thoughtful conveniences such as laundry hookups on both floors, a multi-car garage, and stainless steel appliances enhance the home's practicality for full-time residents or vacationers.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2400, living area = 2229.
The 2,400 sqft lot is relatively small for a 6-bedroom home, leaving minimal room for a private backyard, garden, or significant outdoor entertaining space.
Built in 1963 and featuring extensive carpeting, the home may require cosmetic modernization and updates to meet the aesthetic expectations of contemporary buyers at this price point.
Introducing “The Strandside Retreat” – a spacious 6-bedroom, 3-bath coastal home that seamlessly blends generous living space, flexibility, and everyday comfort, making it well-suited for full-time living, a vacation retreat, or multi-generational use. Inside, a functional layout connects the main living spaces with ease. The living room features a cozy carpeted setting with a built-in TV space, creating a comfortable place to gather. The kitchen is both practical and inviting, offering stainless steel appliances, recessed lighting, a charming bay window, and floor-to-ceiling storage. The dining area is conveniently located within the kitchen, making it perfect for both daily meals and casual entertaining. The main level includes three well-sized bedrooms, each with ceiling fans and carpet, along with a hall bathroom featuring a walk-in shower and a single vanity. Upstairs, the home expands with three additional bedrooms, including the primary suite complete with an en-suite bathroom offering a tiled shower/tub combo and single vanity with storage. A standout feature of the home is the additional upstairs living and dining area, providing excellent potential for multi-generational living, guest accommodations, or extended stays. This space opens to a second-floor patio area where you can take in ocean views and coastal breezes. The upstairs hall bathroom includes a tiled shower-over-tub with jets and single vanity, while all bedrooms offer comfortable layouts with ample closet space. Thoughtfully equipped for convenience, the home offers laundry hookups on both levels—located at the end of the downstairs hall for a stackable washer and dryer, as well as in the upstairs hall bathroom for a full-size washer and dryer. A multiple-car garage adds to the property’s functionality, providing ample parking and storage. With its generous size and versatile floor plan, The Strandside Retreat presents a unique opportunity to enjoy the best of coastal living—just moments from Morro Strand State Beach, with easy access to Highway 1 and close proximity to Morro Rock, local dining, shopping, and outdoor adventures.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 6.1 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,229 | 1,505 | 81% |
| Lot Size | 2,400 | 4,000 | 21% |
| Price | $1.09M | $950.0K | 61% |
| Price per sq ft | $491 | $675 | 7% |
| Built year | 1963 | 1972 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 182 | 7% |
May 3, 2026
$1,095,000
$1,125,000
-3% Price Drop
Initial Listing
Apr 23, 2026
$1,125,000
Initial Listing