
Morro Bay, California 93442
This Coastal Single Family Residence represents a Strong Value Opportunity, listed at $930,000—positioned slightly above the $922,759 Fair Market Value. While the property maintains a Fair Condition Rating due to its 1952 vintage infrastructure, it offers significant lifestyle appeal with iconic Morro Rock views, a wide-open kitchen, and a versatile 5,000 sqft lot featuring an ADU. This property balances coastal charm with functional potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, character-filled home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 953 Anchor Street Subject | $930,000* List Price | 2 | 2 | 984 | $938 | - |
A 490 Fresno Active | $895,000 List Price | 3 | 1 | 1,200 | $746 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property maintains a 'vintage' feel with original elements like retro yellow bathroom tile and older laundry fixtures. While the kitchen has been partially updated and the home is well-maintained, the overall age of the systems and dated finishes place it in the fair category, requiring minor updates to meet modern standards.
Situated in a quiet neighborhood within walking distance to downtown and the beach, the property offers iconic views of Morro Rock and the bay.
The 5,000 sqft lot features a meticulous garden, fruit trees, and an ADU, providing rare flexibility and enhanced value for a coastal cottage.
The home beautifully preserves its 1950s soul with hardwood floors and retro tile while offering modern upgrades like a wide-open kitchen and drought-tolerant landscaping.
With under 1,000 square feet of living space, the home may feel restrictive for buyers seeking more room or larger common areas.
Built in 1952, the property's age may necessitate ongoing maintenance or updates to older systems typical of mid-century coastal residences.
Coastal Charm Meets Character with Elegance. Welcome home to the Morro Bay beach house with local charm! Tucked into a quiet neighborhood just moments from the beach and the iconic Rock. This one level beach cottage home is bursting with vintage soul and modern-day comfort. Easy walk to downtown with all the restaurants and shops, etc. Check out this amazing wide-open kitchen that begs for gatherings —with a gas range ready for your best recipes, and glass-front cabinetry that flows straight into a farmhouse dining nook flooded with natural light. Picture Sunday brunches here, coffee in hand, blue skies out of every window. Down the hall, the bedroom delivers old-world elegance with warm hardwood floors and hillside views peeking through the curtains. There's a 2nd bedroom that is a big size as well, with lots of natural light. In between the bedrooms, is a beautiful bathroom bursting with retro yellow tile charm that feels like a page straight out of a vintage postcard. The backyard is a true hidden gem with a meticulous garden where you can enjoy the ADU and shed along with a grassy yard wandering through blooming gardens, fruit trees, a chicken coop, a beautiful patio to enjoy the view of the beach and the Morro Bay rock, creating a magical private escape perfect for lazy afternoons, garden parties, or just soaking up that Central Coast air. Add a convenient laundry room, along with a 2nd bathroom and a drought-tolerant curb appeal, a long big driveway, and you've got a property that checks every box. This is more than a house — it's a lifestyle. Don't just picture coastal living. Come claim it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 984 | 1,700 |
| Lot Size | 5,000 | 4,000 |
| Price | $930.0K | $1.01M |
| Price per sq ft | $945 | $655 |
| Built year | 1952 | 1978 |
| HOA | $0 | $0 |
| Days on market | 7 | 78 |
Jul 15, 2026
$930,000
Initial Listing
Oct 2, 2015
$470,000
Public Record