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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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485 Morro Avenue, Morro Bay – $2,750,000

  • 2 Beds
  • 2 Baths
  • .54 Acres
  • 66 DOM
  • 2 Beds
  • 2 Baths
  • .54 Acres
  • 66 DOM

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 crow’s nest, one of Morro Bay’s 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 California’s Central Coast.

Essential Information

  • MLS® #SC25220419
  • Price$2,750,000
  • Bedrooms2
  • Bathrooms2.00
  • Acres0.54
  • Year Built1930
  • TypeResidential Income
  • Sub-TypeDuplex
  • StyleRanch
  • StatusActive

Community Information

  • Address485 Morro Avenue
  • AreaMRBY - Morro Bay
  • SubdivisionEmbarcadero(750)
  • CityMorro Bay
  • CountySan Luis Obispo
  • Zip Code93442

Amenities

  • Parking Spaces2
  • # of Garages2
  • ViewBack Bay
  • PoolNone

Parking

Carport, Garage, RV Access/Parking, See Remarks

Garages

Carport, Garage, RV Access/Parking, See Remarks

Waterfront

Across the Road from Lake/Ocean

Interior

  • Interior FeaturesMultiple Primary Suites
  • HeatingWall Furnace
  • CoolingNone
  • FireplaceYes
  • FireplacesLiving Room
  • # of Stories2
  • StoriesTwo, One

Exterior

  • ExteriorWood Siding
  • Lot DescriptionCorner Lot
  • RoofComposition, Shingle
  • ConstructionWood Siding
  • FoundationRaised

Additional Information

  • Date ListedSeptember 2nd, 2025
  • Days on Market66

Listing Details

  • AgentChristopher Bath
  • OfficeCoast Realty
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Price Change History for 485 Morro Avenue, Morro Bay, (MLS® #SC25220419)

Date Details Change
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

Christopher Bath, Coast Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of November 23rd, 2025 at 2:11pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.