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485 Morro Avenue, 
Morro Bay, CA 93442

$2,750,000


2

Beds


2

Baths


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Christopher Bath

Coast Realty

Last updated:

November 2, 2025, 05:15 PM

MLS#

SC25220419

Source:

San Diego MLS via CRMLS

About This Home

485 Morro Avenue

A Legacy Central California Coastal Property. Rare opportunity for investors, developers, or boutique builders to secure over half an acre (.54 acres / 23,632 sq. ft.) in the heart of Morro Bay with prime build-out potential. Two separate lots, next to a City Park plus the option of acquiring an adjacent abandoned city street, create room for an expanded development footprint. The 1930s residence offers 3,242 sq. ft. across two units, each with separate electric and gas meters. The main home includes 2 bedrooms and 2 baths with sweeping views of the bay and Morro Rock, while the secondary unit enjoys south-facing vistas across the park and waterfront. Known locally as The Red House, the property is crowned by the storied crows nest, one of Morro Bays most recognizable architectural features. Whether redeveloped or preserved as a private estate, this is a once-in-a-lifetime opportunity blending history, views, and exceptional potential on Californias Central Coast.

Home Facts

Multi-Family

2 Baths

2 Bedrooms

Price Summary

2,750,000

MLS #:

SC25220419

Last Updated:

November 2, 2025, 05:15 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2


Finances & Disclosures

Finances

Price:

$2,750,000

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