Morro Bay Homes under $2 million

Amazing Bay Views from this Rare Coastal Opportunity in Desirable Morro Heights. Discover a unique opportunity in the highly desirable Morro Heights neighborhood of Morro Bay. Situated on a spacious corner lot, this distinctive property features three separate living units, offering exceptional versatility for multigenerational living, extended family, guest accommodations or potential rental income. Enjoy beautiful views of the ocean, harbor, bay and iconic Morro Rock from each unit of this special coastal setting. The main residence, facing Cerrito Place, offers 3 BR, 2 BA, an inviting sunroom just off the living room, and a private deck off the primary bedroom. A large yard, new carpeting, fresh interior paint, and a two-car garage add to the home's appeal and functionality. Located above the second garage and facing Olive Street, the upper unit features 2 BR, 2 BA, with one dedicated garage and a private patio in the back outdoor space. The downstairs studio, also facing Olive Street, offers additional flexibility for guests, extended family or potential rental use. It features a patio off the living area to enjoy the coastal views and surroundings, plus a dedicated one car garage. A separate laundry room and utility room serves all three units, while additional storage provides convenient space for each residence. The corner lot setting offers room for each unit to enjoy its own outdoor area and a greater sense of privacy. Ideally located near the Morro Bay Golf Course, the Bay and Tidelands Park, this property combines a desirable coastal location with a rare multi-family layout. Whether you're seeking a property with room for extended family, a flexible living arrangement, or income-producing potential, this Morro Heights offering presents a rare opportunity to make the most of the Morro Bay lifestyle.

380 Cerrito, Morro Bay

$779,000

2 Beds ⋅ 3 Baths ⋅ SC26221065 MLS ⋅ Active Status

Enjoy ocean views, Morro Rock, and the iconic Stacks from the sunny upper deck of this versatile Morro Bay property. This recently updated home features an upstairs 1-bedroom, 1-bath residence with a kitchen and views from the living area. The separate downstairs unit offers 1 bedroom, 1 bath, its own kitchen, private entrance, and patio. The downstairs kitchen features new granite countertops and a gas stove. Recent improvements throughout include new flooring, paint, windows, ceiling fans, and heating. Separate laundry area with a full bath conveniently located nearby. A charming detached artist studio/office adds versatility, along with fabulous yard space. Ideal for extended family, multigenerational living, or investment, with the potential to live in one residence and rent the other. A unique coastal property with ocean views, conveniently located near Spencer's, shops, and restaurants!

540 Avalon Street, Morro Bay

901 Morro Bay Blvd #15 Unit 15, Morro Bay

$249,900

2 Beds ⋅ 1 Baths ⋅ PI26210496 MLS ⋅ Active Status

Here is your chance to own a completely remodeled home from 2020-2021, torn all the way down to the subfloor. This 2 bedroom, 1 bath home in the Morro Palms Mobile Lodge has everything you will need to make this a perfect primary home, or wonderful beach house getaway. The rooms good size with their own closet and built-in shelves. the bathroom offering a walking shower The following upgrades include, ABS and PEX plumbing, 2X4 studwalls that are layered with 1/2 inch sheetrock with the walls insulated with RIS insulation. With the basewalls stemming from home subfloor. 3/1/2 inch Colorado baseboards run throughout the home. The kitchen is completely remodeled with real wood cabinets and stainless steel appliances and soft close doors. All new electric in the home as well. The was ripped down to create a pitch for better run off and avoid water pooling, with a roll on roof that is to last up to 50 year since it's installation in 2021 with R38 insulation in the roof. New aluminum gutters with downspouts. T1-11 Siding is wrapped around the outside, creating durability and strong resistance to outside elements. Dual pane windows are installed throughout the home, a mix of Anderson and Milgard windows. All the work done with the proper permits pulled with the city. Extra amenities include premium grade redwood decks in the front and side, a Heat and AC split unit (the insulation in the home keeps it cool when cool and warm when warm), extra steel reinforcement underneath the home, a coat closet that has hook ups from in house laundry, extra LED lighting, and solid core doors for ultimate quiet living and privacy. Just a few blocks away from the water, and amongst some of the finest eateries and shops Morro Bay has to offer, all while offering convenient access back on and off the highway to make commuting to and from the home an ease.

901 Morro Bay Blvd #15 Unit 15, Morro Bay

$775,000

2 Beds ⋅ 1 Baths ⋅ SC26208799 MLS ⋅ Active Status

Welcome to this charming single-level North Morro Bay home, offering an easy, comfortable layout and a fantastic coastal location. Featuring 2 bedrooms, 1 full bathroom, and a versatile bonus room, this home is an inviting place to settle in, enjoy as a second home, or create your own beach bungalow getaway. The single-level floor plan provides convenient living with plenty of flexibility, while the bonus room offers additional space for a home office, guest area, hobby room, or whatever best fits your needs. A one-car garage with laundry adds valuable storage and everyday convenience as well as a covered car port for additional parking. Located near coastal access, you’ll be close to the natural beauty and laid-back lifestyle that make North Morro Bay such a desirable place to be. Whether you’re looking for a comfortable primary residence, a weekend retreat, or a place to enjoy the Central Coast, this home offers a wonderful opportunity to make the coastal lifestyle your own.

331 Vashon, Morro Bay

$835,000

2 Beds ⋅ 2 Baths ⋅ SC26199810 MLS ⋅ Active Status

Discover the charm of coastal living in Morro Bay and start enjoying the coastal lifestyle in this wonderful family home or investment property with 2 large bedrooms, plus oversize guest quarters that is a rare find just a mile from the beach. Located in a quiet neighborhood it offers peaceful surroundings and an opportunity to enjoy the north Morro Bay lifestyle. This property also includes an attached studio, 1-bathroom ADU (not permitted) offering the opportunity of potential rental income. This home has an attached 2 car garage plus a carport and is on a street-to-street lot with a view of The Rock and a peak of the ocean. Whether you are looking for a full-time residence, weekend beach getaway or coastal retreat this property offers an incredible setting near the ocean.

2760 Elm Avenue, Morro Bay

$520,000

2 Beds ⋅ 1 Baths ⋅ PW26198097 MLS ⋅ Active Status

Discover the charm of coastal living in Morro Bay! This quaint 1928 2BR, 1BA, 570 sqft home is a rare find, just under a mile from the beach. While it needs updating and expansion, its large avocado tree and 2913sqft lot present a canvas for potential growth, including a second story. Located in a quiet neighborhood, it offers peaceful surroundings and an opportunity to create your dream retreat. Explore the possibilities and envision your future by the shore.

625 Elena, Morro Bay

$1,392,000

3 Beds ⋅ 2 Baths ⋅ SC26187891 MLS ⋅ Active Status

With beautiful ocean views and a location in Morro Bay’s desirable Morro Heights neighborhood, this 3-bedroom, 2-bath home offers a wonderful combination of character, space, and potential. Originally built in 1952, the home retains the warmth and personality of its era while offering an opportunity to update and create a home that reflects your own style. The main level centers around a generous living room, kitchen, and dining area, with large windows bringing in natural light and coastal views. Tile flooring runs throughout the main living spaces, while the kitchen opens naturally to the dining area, creating an inviting setting for everyday living and gatherings. Just beyond the dining area, an outdoor deck with a windbreak provides a peaceful place to enjoy the ocean outlook. Upstairs, three well-appointed bedrooms feature wood flooring and wood-beamed ceilings, each with its own character. The primary bedroom is filled with abundant natural light through full picture windows, offering striking views of Morro Bay and Morro Rock, along with a walk-in closet. Another bedroom features a stained glass window and opens to a private balcony with ocean views, while the third offers additional stained glass windows and abundant storage. A full bathroom and dedicated office complete the upper level. Outside, a landscaped backyard and paved patio create additional space for gardening, gathering, or simply enjoying the coastal setting. A single-car garage, additional parking space, and basement storage add practical value. With its ocean views, established Morro Heights setting, character-filled spaces, and room to make thoughtful improvements, this is an opportunity to create something special in one of Morro Bay’s most sought-after neighborhoods.

409 Tulare Avenue, Morro Bay

$1,205,000

PI26170589 MLS ⋅ Active Status

Welcome to 2630 Maple Avenue, where coastal living meets exceptional versatility in the heart of beautiful Morro Bay. Perfectly positioned to capture breathtaking views of the Pacific Ocean and iconic Morro Rock, this meticulously maintained property offers outstanding curb appeal with attractive drought-tolerant landscaping, inviting outdoor living spaces, and a welcoming elevated entry. Whether you’re searching for a full-time residence, a vacation getaway, or an investment opportunity, this distinctive property embodies the very best of the Central Coast lifestyle. Inside, you’ll discover two thoughtfully designed living spaces, each offering comfort, privacy, and stunning coastal views. The upper-level residence features two bedroom?s, two bathrooms, a spacious living room, a convenient kitchenette, a cozy gas fireplace, beautifully remodeled bathrooms, a bright sunroom, and a private deck off the bedroom overlooking Morro Rock and the Pacific Ocean. A tranquil backyard patio with a fire pit provides the perfect setting for relaxing or entertaining. The lower-level residence offers one bedroom, one bathroom, a spacious living room with vaulted ceilings, a dining area, a full kitchen, an indoor laundry room, and a functional, comfortable floor plan ideal for guests, extended family, or rental potential. Outdoor living is equally impressive, featuring a private backyard courtyard, a raised sitting area, and multiple decks designed to take full advantage of the spectacular coastal scenery. The enclosed upper deck and two front decks on the lower level showcase panoramic views of Morro Rock and the Pacific Ocean, creating unforgettable spaces to enjoy morning coffee, evening sunsets, or simply the refreshing ocean breeze. Ideally located just minutes from Morro Bay’s beaches, vibrant waterfront, charming shops, acclaimed restaurants, and endless outdoor recreation, this exceptional property offers an unparalleled combination of flexibility, comfort, and coastal charm. Don’t miss the opportunity to experience this unique Morro Bay retreat—schedule your private showing today.

2630 Maple Avenue, Morro Bay

$1,205,000

3 Beds ⋅ 3 Baths ⋅ PI26170593 MLS ⋅ Active Status

Welcome to 2630 Maple Avenue, where coastal living meets exceptional versatility in the heart of beautiful Morro Bay. Perfectly positioned to capture breathtaking views of the Pacific Ocean and iconic Morro Rock, this meticulously maintained property offers outstanding curb appeal with attractive drought-tolerant landscaping, inviting outdoor living spaces, and a welcoming elevated entry. Whether you’re searching for a full-time residence, a vacation getaway, or an investment opportunity, this distinctive property embodies the very best of the Central Coast lifestyle. Inside, you’ll discover two thoughtfully designed living spaces, each offering comfort, privacy, and stunning coastal views. The upper-level residence features two bedroom?s, two bathrooms, a spacious living room, a convenient kitchenette, a cozy gas fireplace, beautifully remodeled bathrooms, a bright sunroom, and a private deck off the bedroom overlooking Morro Rock and the Pacific Ocean. A tranquil backyard patio with a fire pit provides the perfect setting for relaxing or entertaining. The lower-level residence offers one bedroom, one bathroom, a spacious living room with vaulted ceilings, a dining area, a full kitchen, an indoor laundry room, and a functional, comfortable floor plan ideal for guests, extended family, or rental potential. Outdoor living is equally impressive, featuring a private backyard courtyard, a raised sitting area, and multiple decks designed to take full advantage of the spectacular coastal scenery. The enclosed upper deck and two front decks on the lower level showcase panoramic views of Morro Rock and the Pacific Ocean, creating unforgettable spaces to enjoy morning coffee, evening sunsets, or simply the refreshing ocean breeze. Ideally located just minutes from Morro Bay’s beaches, vibrant waterfront, charming shops, acclaimed restaurants, and endless outdoor recreation, this exceptional property offers an unparalleled combination of flexibility, comfort, and coastal charm. Don’t miss the opportunity to experience this unique Morro Bay retreat—schedule your private showing today.

2630 Maple Avenue, Morro Bay

$1,095,000

2 Beds ⋅ 3 Baths ⋅ SC26171136 MLS ⋅ Active Status

Welcome to 1887 Ironwood - Only minutes from pristine beaches, world class restaurants, and shopping—this fully furnished home features a spacious open floor plan and outdoor patio with generous space to relax and unwind. Built in 2013, the 1,696 sq. ft. home in Morro Del Mar Village includes 2 bedrooms, 2.5 bathrooms, and a generous loft style den. Inside, recessed lighting and custom window treatments are found throughout, along with local artwork. High ceilings and expansive double-pane windows make the most of natural light and green hillside views. The first level features a bedroom retreat and en suite bathroom complete with a fireplace, seating area, and plush carpeting. Upstairs, you'll find a gourmet kitchen with granite countertops and maple shaker-style cabinetry with built-in shelving. Luxe GE Profile appliances are all stainless steel. The bar top offers seating for two while a dining area directly off the kitchen provides additional dining space. The great room features a two-story beamed ceiling and picture windows to highlight stunning hillside views—plus a fireplace with tile surround and ample seating. The powder room includes a vanity with granite countertops and cabinetry storage. The third level is home to both the loft style den and the primary suite with an en suite bathroom. Furnished with a full-size bunk, the den can serve as a bonus sleeping room or flex space for an office or gym. In the primary suite, desirable touches include a walk-in closet with built-in shelving and wardrobe bars. A full-size stackable washer and dryer offer practical convenience. Large format tiles elevate the bathroom complete with an enclosed tub-shower, granite countertops, and stylish storage. Immediately off the primary suite, an outdoor retreat includes a pergola and sectional sofa—plus an aluminum fire table for easy outdoor living. Additionally, an attached 2-car garage offers even more storage. If you're seeking a turnkey retreat offering the best of Central Coast living, this fully furnished home is perfect for you.

1887 Ironwood Avenue, Morro Bay

$1,629,000

SC26164200 MLS ⋅ Active Status

Check out this real estate investment opportunity located in the Embarcadero neighborhood of Morro Bay, CA ! Centrally located near 3 stacks and a rock, a 1945 built triplex. 1163 Scott A is upstairs with 3 BR, 1 full bath and indoor laundry, views of Morro Rock and the Harbor rented @ $2535/mo., 1163 Scott B is downstairs, large 1BR, 1Bath plus office and indoor laundry rented @ $1744/mo., and 1160 West downstairs Commercial unit rented @ $2300/mo. There is a detached 1 car garage and 4 off street parking spaces. Per the San Luis Obispo County Tax Assessor record the total square footage of the building is 3,094. The lot size is 40.9 ft x 112 ft street to street. Fully occupied with long-term tenants and professionally managed. Second home opportunity to use the upstairs unit in between vacation renters and collect rents from the other 2 units.

1160 West, Morro Bay

$885,000

3 Beds ⋅ 2 Baths ⋅ SC26161704 MLS ⋅ Active Status

Discover a lucrative opportunity in the heart of Morro Bay. This well maintained "two on one" property is the ultimate investment gem, offering versatility for savvy investors, multi-generational families, or those seeking a coastal home with built-in income potential. Each unit offers its own unique benefits with private yard spaces, perfect for enjoying the coastal air. Front Unit: A charming single-level 2-bedroom, 1-bath home, complete with a fenced front deck and a private, fenced backyard for ultimate relaxation. Back Unit: A bright and welcoming 1-bedroom, 1-bath retreat (with potential for an additional 1/2 bath). This unit was built in 2003 and features an attached, spacious two-car garage. With significant infrastructure upgrades, roof, sewer lateral, retrofit windows and a history of being well-maintained, this property will truly be an asset to your portfolio or an enjoyable entree to the coastal lifestyle.

912 914 Pacific Street, Morro Bay

Morro Bay Homes under $2 million

Newest Morro Bay Homes under $2 million

How much is your home worth?

How much is your home worth?