489 Sunset Court, Morro Bay, California 93442, Morro Bay, 93442 - 2 bed, 2 bath
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Morro Bay, California 93442
This Spacious Coastal Retreat is a Strong Value Opportunity, listed at $1,189,000—positioned well below the $1,204,166 Fair Market Value by 1%. This valuation gap offers $15,166 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization of the 1979 interiors. Highlights include Panoramic Ocean Views, a Unique Street-to-Street Lot, and Single-Level Accessibility. Located near Top-Rated Schools like Morro Bay High, this property is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 489 Sunset Court Subject | $1,189,000* List Price | 2 | 2 | 1,986 | $606 | - |
A 2845 Ironwood Avenue Sold | $1,462,450 | 4 | 3 | 2,346 | $623 | 0.8 mi |
B 2581 Juniper Sold | $865,000 | 3 | 2 | 1,464 | $591 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this home is exceptionally well-maintained but remains dated. The kitchen features older white square tile countertops and backsplashes with 90s-style stained glass skylights. While the appliances are updated to stainless steel, the overall aesthetic of the kitchen and baths suggests a renovation age of over 20 years, placing it in the 'Fair' category due to the need for cosmetic modernization.
The property's hilltop position provides sweeping, unobstructed views from Morro Bay to Cayucos, a premium feature that significantly enhances its market value and coastal appeal.
This spacious retreat offers a rare one-step entry and a complete single-story layout, making it highly desirable for buyers seeking long-term accessibility and ease of movement.
The oversized 7,650 sqft lot spans between two streets, providing exceptional privacy, dual access points, and a greater sense of openness compared to standard interior lots.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Built in 1979, the home may require cosmetic updates or system modernizations to align with the aesthetic expectations of buyers looking for contemporary luxury finishes.
Despite the generous 1,986 square footage, the two-bedroom configuration may limit the property's appeal to larger families or buyers requiring more than one guest room.
Perched atop a scenic hill in Morro Bay, this inviting single-level coastal retreat offers sweeping panoramic ocean views from Morro Bay to Cayucos. This spacious 2-bedroom, 2-bath 2 car garage home blends relaxed coastal living with warmth, privacy, and convenience. The large primary suite features a cozy sitting area, and an en-suite bath complete with a large jetted soaking tub. The oversized guest bedroom also includes a sitting area, and the guest bathroom offers dual sinks and a walk-in shower. The open and welcoming living room is perfect for relaxing after a day on the coast, featuring a gas fireplace, and a comfortable seating area for entertaining. Ceiling fans throughout the home provide added comfort year-round. The generously sized, fully equipped kitchen is ideal for extended stays and includes an adjacent laundry room for convenience. This home captures the charm and character of California’s Central Coast. Enjoy indoor-outdoor living with a charming, enclosed patio featuring a spacious outdoor patio perfectly positioned for unforgettable sunsets and ocean breezes. Additional amenities include off-street driveway parking, easy one-step entry, and a unique street-to-street lot offering both privacy and accessibility. Located just minutes from beaches, shops, restaurants, and coastal adventures, this peaceful hilltop retreat is the perfect home away from home in beautiful Morro Bay.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 4.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,986 | 1,526.5 | 73% |
| Lot Size | 7,650 | 4,000 | 89% |
| Price | $1.19M | $945.0K | 70% |
| Price per sq ft | $599 | $660 | 38% |
| Built year | 1979 | 1975 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 182 | 7% |
May 21, 2026
$1,189,000
Initial Listing
Oct 23, 2009
$640,000
Public Record
May 28, 2004
$362,500
Public Record
Sep 12, 2001
$463,000
Public Record
Oct 12, 2000
$339,500
Public Record