Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSC25218818
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Bedrooms
Primary Suite/Retreat - 2+
Appliances
Other
Fireplace
Living Room
Laundry
Other
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Raised
Pool
None
Style
Ranch
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Other, RV Access, Garage: 2 Car(s)
Elementary District
San Luis Coastal Unified
High School District
San Luis Coastal Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
485 Morro Ave is a Single Family Residence in Morro Bay, CA 93442. This 3,242 square foot property sits on a 0.542 Acres Lot and features 3 bedrooms & 3 full bathrooms. It is currently priced at $2,750,000 and was built in 1930. This address can also be written as 485 Morro Ave, Morro Bay, CA 93442.
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This listing information is up-to-date as of September 18, 2025. For the most current information, please contact Christopher Bath
