London Properties Morro Bay Real Estate

485 Morro Ave

Morro Bay, CA 93442

Copy Link Get Directions

Photo Gallery

$2,490,000

3 bd

3 ba

3,242 sq ft

0.54 acre

485 Morro Ave

Morro Bay, CA 93442

Get Directions

Virtual Tour

Listed On: 09/18/2025

Status: Active

Listing Number: SC25218818 (CRMLS)

Schedule a Tour

Contact Info

Advertising Agent:

London Properties, Ltd. 559.436.4071 Email Agent

Property Description

Listing Agent: Christopher Bath, Coast Realty

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 possibilities. Potential for 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.

Property Sub Type

Single Family Residence

Structure Type

House

Year Built

1930

Year Built Source

Assessor

Special Listing Conditions

Trust

Stories Total

Levels

Two

Number Of Units Total

Entry Level

Price Per Square Foot

$768

Days On Market

109

Cumulative Days On Market

109

County Or Parish

San Luis Obispo

New Construction Y/N

Property Attached Y/N

Cooling Y/N

Fence Y/N

Heating Y/N

Yes

Directions

Main st to Morro Ave

Architectural Style

Ranch

Room Type

See Remarks, Two Primaries

Heating

Wall Furnace

Cooling

None

Laundry Y/N

Yes

Laundry Features

Inside

Roof

Composition, Shingle

Construction Materials

Wood Siding

Foundation Details

Raised

Main Level Bedrooms

Bathrooms Full

Bathrooms Full And Three Quarter

Main Level Bathrooms

Common Walls

No Common Walls

Fireplace Y/N

Yes

Fireplace Features

Living Room

Pool Features

None

Pool Private Y/N

Water Source

Public

Sewer

Public Sewer

Parking Y/N

Yes

Parking Total

2.00

Parking Features

Carport, Garage, RV Access/Parking, See Remarks

Attached Garage Y/N

Yes

Garage Spaces

2.00

Lot Features

Corner Lot

Lot Size Area

23632.0000

Lot Size Units

Square Feet

View Y/N

Yes

View

Back Bay, See Remarks

Waterfront Features

Across the Road from Lake/Ocean, Marina in Community

Fencing

None

Common Interest

None

Parcel Number

066171002

Additional Parcels Y/N

Subdivision Name

Embarcadero(750)

Subdivision Name Other

Embarcadero(750)

Community Features

Biking, Fishing

Senior Community Y/N

Association Y/N

High School District

San Luis Coastal Unified

Lease Considered Y/N

Land Lease Y/N

Assessments

None

A: SELECT * FROM `lpdotcom`.`props-main` WHERE CAST(`props-main`.`ListingPrice` AS DECIMAL) >= 2365500 AND CAST(`props-main`.`ListingPrice` AS DECIMAL) <= 2614500 AND CAST(`props-main`.`Bedrooms` AS DECIMAL) >= '3' AND CAST(`props-main`.`Bathrooms` AS DECIMAL(10,5)) >= '3' AND CAST(`props-main`.`SquareFootage` AS DECIMAL) >= 2992 AND CAST(`props-main`.`SquareFootage` AS DECIMAL) <= 3492 AND ((`props-main`.`PropertyType` = 'Residential' AND ( `props-main`.`PropertySubtype1` = '1 House on Lot' OR `props-main`.`PropertySubtype2` = '1 House on Lot' OR `props-main`.`PropertySubtype3` = '1 House on Lot' OR `props-main`.`PropertySubtype1` = 'Cabin' OR `props-main`.`PropertySubtype2` = 'Cabin' OR `props-main`.`PropertySubtype3` = 'Cabin' OR `props-main`.`PropertySubtype1` = 'House on Lot' OR `props-main`.`PropertySubtype2` = 'House on Lot' OR `props-main`.`PropertySubtype3` = 'House on Lot' OR `props-main`.`PropertySubtype1` = 'Own Your Own' OR `props-main`.`PropertySubtype2` = 'Own Your Own' OR `props-main`.`PropertySubtype3` = 'Own Your Own' OR `props-main`.`PropertySubtype1` = 'Rural Residence' OR `props-main`.`PropertySubtype2` = 'Rural Residence' OR `props-main`.`PropertySubtype3` = 'Rural Residence' OR `props-main`.`PropertySubtype1` = 'Rural/Residence' OR `props-main`.`PropertySubtype2` = 'Rural/Residence' OR `props-main`.`PropertySubtype3` = 'Rural/Residence' OR `props-main`.`PropertySubtype1` LIKE '%fam%' OR `props-main`.`PropertySubtype2` LIKE '%fam%' OR `props-main`.`PropertySubtype3` LIKE '%fam%'))) AND ((`props-main`.`id` = 1695598 OR `props-main`.`id` = 1695441 OR `props-main`.`id` = 1686446 OR `props-main`.`id` = 1675170 OR `props-main`.`id` = 1694285 OR `props-main`.`id` = 1695936 OR `props-main`.`id` = 1681128 OR `props-main`.`id` = 1649480 OR `props-main`.`id` = 1696960 OR `props-main`.`id` = 1686064 OR `props-main`.`id` = 1695011 OR `props-main`.`id` = 1696887 OR `props-main`.`id` = 1699191 OR `props-main`.`id` = 1663770 OR `props-main`.`id` = 1689981 OR `props-main`.`id` = 1697270 OR `props-main`.`id` = 1689916 OR `props-main`.`id` = 1688922 OR `props-main`.`id` = 1694995 OR `props-main`.`id` = 1696598 OR `props-main`.`id` = 1641403 OR `props-main`.`id` = 1644745 OR `props-main`.`id` = 1652956 OR `props-main`.`id` = 1694999 OR `props-main`.`id` = 1661850 OR `props-main`.`id` = 1695001 OR `props-main`.`id` = 1696973 OR `props-main`.`id` = 1681912 OR `props-main`.`id` = 1667964 OR `props-main`.`id` = 1695594 OR `props-main`.`id` = 1662086 OR `props-main`.`id` = 1679357 OR `props-main`.`id` = 1623421 OR `props-main`.`id` = 1696120 OR `props-main`.`id` = 1691579 OR `props-main`.`id` = 1696389 OR `props-main`.`id` = 1692385 OR `props-main`.`id` = 1623351 OR `props-main`.`id` = 1691761 OR `props-main`.`id` = 1698724 OR `props-main`.`id` = 1697027 OR `props-main`.`id` = 1691826 OR `props-main`.`id` = 1689885 OR `props-main`.`id` = 1697067 OR `props-main`.`id` = 1696493 OR `props-main`.`id` = 1681810)) AND CONCAT(`MLSFeed`,`MLNumber`) != 'crmlsSC25218818' AND `props-main`.`PictureCount` > 0 AND (`props-main`.`ExpiredDate` >= '2026-01-05' OR `props-main`.`ExpiredDate` IS NULL OR TRIM(`props-main`.`ExpiredDate`) = '') AND `props-main`.`Status` != 'Unapproved' AND (`props-main`.`DupeOf` IS NULL OR TRIM(`props-main`.`DupeOf`) = '') AND `props-main`.`Delayed` = 0 GROUP BY `props-main`.`id` ORDER BY RAND();

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.

Buying

Selling

Moving

Agents

Careers

Contact

About Us

559.436.4071

Get More Info

Print A Flyer

Get A Home Loan

Share

485 Morro Ave

Morro Bay, CA 93442

Photo Gallery

$2,490,000

485 Morro Ave

Morro Bay, CA 93442

Schedule a Tour

Contact Info

Advertising Agent:

Buying

Selling

Moving

Agents

Careers

Contact

About Us

559.436.4071

Get More Info

Print A Flyer

Get A Home Loan

Share

485 Morro Ave

Morro Bay, CA 93442

Photo Gallery

$2,490,000

485 Morro Ave

Morro Bay, CA 93442

Schedule a Tour

Contact Info

Advertising Agent:

Loading...

Saving...

Deleting...

Searching...