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457 Piney Way

Morro Bay, CA 93442

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$2,950,000

4,474 sq ft
  |  
0.14 acre

457 Piney Way

Morro Bay, CA 93442

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Listed On: 04/30/2026
Status: Active
Listing Number: NS26092950 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Sheri D'Amico, BHGRE Haven Properties
Listing Co-Agent: Tim Harris, BHGRE Haven Properties

This property offers a rare opportunity to own a brand-new, coastal multi-unit residence just moments from Main Street in the heart of beautiful Morro Bay. This newly constructed four-unit property offers exceptional flexibility for multi-generational living, investment income, or owner-occupied rental potential in one of the Central Coast's most sought-after communities. The centerpiece of the property is a two-story duplex featuring two spacious residences, one offering 1,768 sq ft and the other 1,654 sq ft, each with 3BR/2.5BA. Thoughtfully designed with open-concept floor plans for modern coastal living, both homes provide seamless flow between the kitchen, dining, and living spaces, creating a bright and inviting atmosphere ideal for everyday living and entertaining. Each residence also features second-story balconies with partial coastline views, creating the perfect setting to enjoy ocean breezes and stunning sunsets. Inside, the homes showcase quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean, modern finishes throughout. Complementing the duplex are two detached ADUs, each approximately 526 sq ft with 1BR/1BA. These well-appointed units also include second-story balconies, offering additional outdoor living space and versatility for extended family, guests, or rental income. One ADU features partial ocean views from both the bedroom and deck. Built with efficiency and safety in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with its own fire sprinkler system that reports directly to the fire department for added peace of mind. This turnkey new construction offers an exceptional opportunity to own a versatile, income-producing asset just minutes from downtown Morro Bay, local dining, shopping, and the waterfront. Estimated completion is late May to early June-don't miss your chance to secure a modern slice of coastal living. Photos will be updated as project progresses.
Property Sub Type
Duplex
Year Built
2026
Year Built Source
Builder
Special Listing Conditions
Standard
Stories Total
2
Levels
Two
Number Of Buildings
3
Number Of Units Total
4
Entry Level
1
Price Per Square Foot
$659
Price Per Unit
$737,500
Days On London
0
Cumulative Days On London
0
County Or Parish
San Luis Obispo
New Construction Y/N
Yes
Property Attached Y/N
Yes
Rent Control Y/N
Yes
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
From Morro Bay Blvd South, take Left on Piney Way to corner of Piney Way and Vista
Room Type
See Remarks
Heating
Electric
Cooling
Electric, ENERGY STAR Qualified Equipment
Laundry Y/N
Yes
Laundry Features
Individual Room, Stackable
Construction Materials
Stucco
Foundation Details
Slab
Property Condition
Under Construction
Appliances Y/N
Yes
Appliances
Electric Water Heater, Refrigerator, Electric Range, Electric Oven, Dishwasher
Accessibility Features
None
Flooring
Vinyl
Common Walls
1 Common Wall
Fireplace Y/N
No
Fireplace Features
None
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number With Refrigerator
4
Number With Range
4
Number Wall AC
4
Number Of Separate Electric Meters
4
Number Of Separate Water Meters
4
Electric
Photovoltaics Seller Owned
Utilities
Electricity Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
4.00
Parking Features
Garage Faces Front
Garage Spaces
4.00
Lot Features
2-5 Units/Acre
Lot Size Area
6300.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Road Frontage Type
City Street
Road Surface Type
Paved
View Y/N
Yes
View
Ocean
Common Interest
None
Parcel Number
066186015
Additional Parcels Y/N
No
Subdivision Name
Morro Heights (810)
Subdivision Name Other
Morro Heights (810)
Community Features
Curbs, Sidewalks
Senior Community Y/N
No
Association Y/N
No
Land Lease Y/N
No
Assessments
Unknown
Tax Block
E
Tax Lot
8

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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