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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 rare, newly constructed coastal compound offers an exceptional opportunity to own a versatile four-unit property just moments from Main Street in the heart of beautiful Morro Bay. Designed for modern coastal living, multi-generational flexibility, or owner-occupied income potential, this turnkey property blends lifestyle, investment opportunity, and brand-new construction in one of the Central Coast's most sought-after communities. The centerpiece is a stunning two-story duplex featuring two spacious residences of approximately 1,768 sq ft and 1,654 sq ft, each offering 3BR/2.5BA with thoughtfully designed open-concept floor plans ideal for everyday living and entertaining. Expansive kitchen, dining, and living spaces flow seamlessly together, while second-story balconies capture partial coastline views, ocean breezes, and beautiful sunsets. Interior finishes include quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and sleek contemporary kitchens with modern coastal styling throughout. Complementing the duplex are two detached 1BR/1BA ADUs, each approximately 526 sq ft, providing exceptional flexibility for guests, extended family, executive retreats, or rental income. Both ADUs feature second-story balconies, with one offering partial ocean views from both the bedroom and deck. Built with efficiency and peace of mind in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with an individual fire sprinkler system reporting directly to the fire department. Located just minutes from downtown Morro Bay, local dining, shopping, and the waterfront, this unique property offers a rare chance to own a modern coastal legacy property with outstanding flexibility and income-producing potential. Estimated completion is June 2026. Photos will be updated as construction 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
20
Cumulative Days On London
20
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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