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490 Morro #5

Morro Bay, CA 93442

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$549,000

1 bd
  |  
1 ba
  |  
530 sq ft
  |  
0.01 acre

490 Morro #5

Morro Bay, CA 93442

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Listed On: 05/28/2026
Status: Active
Listing Number: NS26112425 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Ian Chandler, Home & Ranch Sotheby's Intl

Set on the edge of the Embarcadero, this turnkey Morro Bay condo puts you just a one-minute walk from the waterfront and minutes from the best of Morro Bay. Step out to the front of the complex and take in beautiful views of Morro Rock, with Franklin Riley Park across the street, Tidelands Park and playground nearby, and easy access to the harbor, waterfront dining, coffee shops, art galleries, kayaking, paddleboarding, coastal trails, the Main Street Farmers Market, Morro Bay Golf Course, Morro Bay State Park, and the Museum of Natural History. Inside, this 1-bedroom end-unit condo is bright, inviting, and in excellent condition, with abundant natural light and peekaboo views of the bay and Black Hill. The living area features an electric fireplace, creating a comfortable place to unwind after a day by the water. The kitchen is well appointed with custom cabinetry, soft-close drawers, a large single-basin sink, and an Electrolux range with induction cooktop. The bedroom includes a walk-in closet, while the bathroom features a large walk-in shower and a stacked washer and dryer for everyday convenience. The condo also includes a designated covered carport directly below the unit, offering easy access, plus private storage space for beach gear, golf clubs, bikes, or weekend essentials. The HOA has been well managed, with recent exterior improvements including fresh paint, a new roof, new railings, and other updates throughout the property. Whether you're looking for a low-maintenance coastal getaway, a convenient second home, or a quiet Morro Bay retreat to escape the heat of the valley or the pace of the city, this condo is ready to enjoy from day one.
Property Sub Type
Condominium
Structure Type
Multi Family
Year Built
1978
Year Built Source
Public Records
Special Listing Conditions
Standard
Stories Total
1
Levels
One
Number Of Units Total
1
Entry Level
2
Entry Location
front
Price Per Square Foot
$1,036
Days On London
1
Cumulative Days On London
1
County Or Parish
San Luis Obispo
New Construction Y/N
No
Property Attached Y/N
Yes
Cooling Y/N
No
Heating Y/N
Yes
Directions
From Morro Bay Boulevard take Morrow Ave. south. Complex is on the left
Room Type
Walk-In Closet, Kitchen, Living Room, Primary Suite
Heating
Radiant
Cooling
None
Laundry Y/N
Yes
Laundry Features
Inside, See Remarks
Window Features
Double Pane Windows
Property Condition
Turnkey
Main Level Bedrooms
1
Bathrooms Full
1
Bathrooms Full And Three Quarter
1
Main Level Bathrooms
1
Eating Area
In Living Room
Appliances Y/N
Yes
Appliances
Water Heater, Microwave, Refrigerator, Electric Range
Common Walls
1 Common Wall
Fireplace Y/N
Yes
Fireplace Features
Electric, Living Room
Pool Features
None
Pool Private Y/N
No
Spa Y/N
No
Spa Features
None
Utilities
Phone Available, Sewer Connected, Cable Available, Electricity Connected, Water Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
1.00
Parking Features
Assigned, Carport, Built-In Storage
Carport Spaces
1.00
Lot Size Area
530.0000
Lot Size Units
Square Feet
View Y/N
Yes
View
Bay, Neighborhood, Hills, Peek-A-Boo
Waterfront Features
Ocean Side Of Highway 1, Across the Road from Lake/Ocean
Common Interest
Condominium
Parcel Number
066179005
Additional Parcels Y/N
No
Subdivision Name
Embarcadero(750)
Subdivision Name Other
Embarcadero(750)
Number Of Units In Community
7
Community Features
Watersports, Golf, Biking, Hiking, Fishing
Association Amenities
Insurance, Trash, Earthquake Insurance, Maintenance Grounds
Senior Community Y/N
No
Association Y/N
Yes
Association Name
Rusty Anchor Homeowners Association
Association Management Name
Rusty Anchor Homeowners Association
Association Fee
350.00
Association Fee Frequency
Monthly
High School District
San Luis Coastal Unified
Lease Considered Y/N
No
Land Lease Y/N
No
Assessments
Unknown
Tax Lot
A
Tax Tract Number
655

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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