735 Piney Way, Morro Bay, California 93442, Morro Bay, 93442 - 2 bed, 3 bath
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735 Piney Way
Morro Bay, California 93442
ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
3Baths
1,475Sq Ft
1,475Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$898,236
10% AboveMARKET VALUE
SUMMARY
This Stunning Turn-Key Condominium is listed at $995,000, reflecting a premium price point relative to its $898,237 Fair Market Value. While the property commands a higher list price, it offers an Excellent Condition Rating with high-end upgrades, including a remodeled primary ensuite, granite kitchen, and cork flooring. Situated in the Alta Morro Villas, the home provides a premier coastal lifestyle with breathtaking ocean and Morro Rock views. This residence is the ideal sanctuary for lifestyle-focused professionals or discerning retirees seeking a move-in ready coastal retreat.
Estimated Market Value
$898,236
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 |
|---|---|---|---|---|---|---|
★ 735 Piney Way Subject | $995,000* List Price | 2 | 3 | 1,475 | $609 | - |
A 163 Sandpiper Sold | $1,060,000 | 3 | 3 | 1,665 | $637 | 0.7 mi |
B 182 Sandpiper Pending | $899,000 List Price | 2 | 2 | 1,388 | $648 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1993, the property is in turn-key condition with significant updates. It features a recently remodeled primary ensuite with quartz countertops and porcelain tile, an updated kitchen with granite and stainless steel, and modern cork flooring throughout, meeting the criteria for a well-maintained, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly desirable Alta Morro Villas, this property offers exceptional walkability to downtown Morro Bay, the Embarcadero, and local amenities, providing a quintessential coastal lifestyle.
- Scenic Ocean Views
The home features multiple balconies offering breathtaking views of the Pacific Ocean, Morro Rock, and the bay, significantly enhancing the property's aesthetic appeal and market value.
- Turn-Key Luxury Finishes
This Mediterranean-style condo is move-in ready with high-end upgrades, including a recently remodeled primary ensuite with a warming towel rack, granite countertops, and custom built-in cabinetry.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $525 is relatively high, which increases the total cost of ownership and may be a deterrent for budget-conscious buyers.
- Limited Bedroom Count
With only two bedrooms, the property may have limited appeal for larger families or those requiring more dedicated office space, despite the functional Murphy bed in the guest suite.
About 735 Piney Way
Fantastic Location in the Highly Desirable Alta Morro Villas. Experience Coastal Luxury & Comfort in this Gorgeous Turn-Key Condominium where you can enjoy breathtaking Sunsets and Ocean Views from your Balcony in Beautiful Morro Bay! This quality crafted 2 Bedroom, 2.5 Bath Mediterranean Style Home offers an Open Floorplan where the Kitchen, Dining & Great Room flow seamlessly to create an ideal space for entertaining Family & Friends. The Kitchen features lovely Granite Countertops with Stainless Steel Appliances, Gas Cooktop, Breakfast Bar and a spacious walk-in Pantry, including a whole house Water Filtration System. The Great Room is enhanced with a lovely marble tile Fireplace for that special ambiance with French Doors out to the Balcony where you can enjoy an evening sunset or your morning coffee. Other highlights include thoughtfully designed built-in Bookshelves & Cabinetry to display your most treasured works of Art including easy care Cork Flooring & Recessed Lighting throughout. The Primary Suite enjoys its own private Balcony with a Peek of the Ocean & a view of Morro Rock, including a California Walk-in Closet. The recently remodeled Ensuite Bath features a lovely double Vanity with Quartz Countertop, large Walk-in Shower with beautiful porcelain tile & Warming Towel Rack for added luxury. The Guest Suite is enhanced with a built-in Queen Murphy Bed and full Bath with lovely accents throughout. There's plenty of room to store all your Beach Gear, Surfboards, Kayaks, Bikes & more in the oversized 2 Car Garage with additional storage. Conveniently located to Downtown where you can walk to Shops, Library, Restaurants, Bay Movie Theatre, Farmers Market, the Embarcadero, Parks and so much more! This lovely Home offers the perfect blend of Location, Lifestyle & Comfort just minutes from the Beach, Golf, Parks, Pickleball, Fishing, Biking, Kayaking, Birding, Hiking, Surfing or just enjoying a leisurely walk along the Bay watching the Otters play! Enjoy Coastal Living at its Best in your very own Villa by the Sea!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- 1,475 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $525.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,475 | 833 |
| Lot Size | 1,475 | 833 |
| Price | $995.0K | $627.9K |
| Price per sq ft | $675 | $603 |
| Built year | 1993 | 1978 |
| HOA | $525.0 | $405 |
| Days on market | 11 | 147 |
Pricing History
Listed for Sale
Aug 29, 2026
$995,000
Initial Listing
Sold
Jun 1, 2023
$799,000
Public Record
Sold
Feb 19, 2019
$595,000
Public Record
Sold
Oct 2, 2013
$385,000
Public Record