580 Avalon Street, Morro Bay, California 93442, Morro Bay, 93442 - 3 bed, 2 bath
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580 Avalon Street
Morro Bay, California 93442
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,525Sq Ft
2,800Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$928,402
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $995,000—positioned well above the $844,835 Fair Market Value by 17%. While the property requires a premium, its Condition Rating of 4 reflects a well-maintained home with a newer roof and updated flooring. Featuring Ocean Views and proximity to top-rated schools like Morro Bay High, this home offers a functional layout for long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle in a desirable district.
Estimated Market Value
$928,402
Based on Realkey algorithm analyzing recent comparable sales in Morro Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 580 Avalon Street Subject 3 bd · 2 ba · 1,525 sqft · $609 | $949,000* List Price | 3 | 2 | 1,525 | $609 | - |
A 2440 Greenwood Avenue Sold 2 bd · 2 ba · 1,694 sqft · $679 · 0.1 mi | $1,150,000 | 2 | 2 | 1,694 | $679 | 0.1 mi |
B 2631 Hemlock Sold 3 bd · 3 ba · 1,332 sqft · $685 · 0.3 mi | $912,500 | 3 | 3 | 1,332 | $685 | 0.3 mi |
C 2785 Hemlock Avenue Sold 2 bd · 2 ba · 1,242 sqft · $620 · 0.5 mi | $770,000 | 2 | 2 | 1,242 | $620 | 0.5 mi |
D 410 Island Street Sold 3 bd · 3 ba · 1,825 sqft · $521 · 1.0 mi | $950,000 | 3 | 3 | 1,825 | $521 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1996 (30 years old), the home is well-maintained with a newer roof and updated LVP flooring in the main living areas. However, the bathrooms and laundry room feature original oak cabinetry, dated fixtures, and older carpeting in the bedrooms, fitting the criteria for a dated property needing minor cosmetic updates.
About 580 Avalon Street
Step into a home designed for comfort, connection, and scenic enjoyment. Featuring an open-concept main floor, a spacious kitchen that flows directly into the dining and living area, and a private primary suite—all on the upper level—this 3-bedroom, 2-bath residence combines functional living with beautiful views. Expansive windows showcase peaceful local vistas throughout the home. Downstairs, there are two spacious bedrooms, a full bath, and easy access to indoor laundry. Finished, spacious 2-car garage with ample room for vehicles, workbench, or storage. Complete with a newer roof, an easy-care backyard, and completely ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 2,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Morro Bay Unified Schools
Del Mar Elementary School
Grades K-5 • 0.7 mi
7/10
Los Osos Middle School
Grades 6-8 • 4.5 mi
7/10
Morro Bay High School
Grades 9-12 • 0.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,525 | 1,617.875 |
| Lot Size | 2,800 | 3,978.5 |
| Price | $949.0K | $1.02M |
| Price per sq ft | $622 | $625 |
| Built year | 1996 | 1979 |
| HOA | $0 | $135 |
| Days on market | 41 | 62 |
Pricing History
Listed for Sale
Oct 3, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
Price Change
Sep 14, 2026
$995,000
Initial Listing
Sold
Mar 21, 1997
$185,000
Public Record
Sold
Mar 5, 1996
$67,000
Public Record