Morro Bay (MRBY) Homes under $1.25 million

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

$1,230,000

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

$1,230,000

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

$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

$809,900

2 Beds ⋅ 2 Baths ⋅ SC26160254 MLS ⋅ Active Status

Welcome to beautiful Morro Bay! This charming 2-bedroom, 2-bathroom home offers a flexible floor plan with a bonus room that can serve as a home office, guest room, hobby space, or den. Enjoy comfortable coastal living with bright living spaces, a functional layout, and endless possibilities to fit your lifestyle. Conveniently located near Morro Bay's beaches, waterfront, shopping, restaurants, and outdoor recreation, this home is an excellent opportunity to enjoy the Central Coast. Don't miss your chance to make this versatile property your own!

401 Tahiti, Morro Bay

$125,000

1 Beds ⋅ 1 Baths ⋅ PI26154271 MLS ⋅ Active Status

Experience relaxed coastal living in this charming 1-bedroom, 1 full bath mobile home, approximately 352 square feet, located in the desirable 55+ Buoy & Gull Trailer Terrace community in Morro Bay. The unit was built in 2006, this well-maintained home features vaulted ceilings, an open-concept living area, newer flooring and newer exterior paint, and a functional kitchen equip with Samsung appliances and offers ample cabinet space for all your kitchen needs. The new owner will enjoy views of iconic Morro Rock, coupled with the convenience of being just a short walk down to the beach, a myriad of downtown shops, restaurants, and the Embarcadero. The unit features double pane windows, a brand new bathroom sink, a newer water heater and is in great shape, both interior and exterior. The beachy community offers shared laundry facilities, a community bathroom and shower, and a great atmosphere for full-time residents or a coastal retreat to spend some of your off time at. This is your chance to own near the beach at a very affordable price, allowing you to enjoy the Central Coast lifestyle without having to overpay. Don't miss your chance to own a slice of Morro Bay in this quiet, well-kept park. Buyer must be approved by park management. (No property taxes, just a one time sales tax and then just a yearly fee through the DMV, buyer to do their due diligence)

495 4 Atascadero Rd, Morro Bay

$844,000

2 Beds ⋅ 2 Baths ⋅ SC26141527 MLS ⋅ Active Status

Welcome to the beautifully designed, single level and fully furnished townhome in the charming, 14-unit Morro del Mar Village. Everything is included: furniture, fixtures, appliances, TVs, décor, all kitchen supplies, bedding, washer, dryer, bicycles, beach toys and more. You can start vacationing in Morro Bay the day you close escrow! This corner unit offers privacy, quality construction with all rooms on a single level (two-car garage is downstairs.) The property has been professionally decorated with style and grace and features many items purchased in Italy. The living and dining areas have a wonderful open feel with 15-feet ceilings and clerestory windows. More features to love: Fireplace, queen size sofa sleeper, tankless water heater, Milgard windows, skylights, sound-reducing and energy-efficient construction, central heating, custom railings, electric grill and guest parking. The balcony off the living room and primary bedroom have incredible views of the Morro Creek valley, orchards and surrounding hillsides. And yet, it is a quick hop to the beach, the Embarcadero and Highway One. The patio off the second bedroom opens to the lush, Mediterranean-style courtyard with a fountain and fire-pit in the shared common area. Exterior repainted in 2026. Check out the 3-D home tour! This home is currently an active vacation rental so showing availability may be limited, contact your Realtor to schedule a showing. Per the City of Morro Bay, the vacation rental license cannot be transferred to a new owner. Information is deemed reliable but not guaranteed. Buyers should conduct their own due diligence to verify all details.

1851 Ironwood, Morro Bay

$895,000

3 Beds ⋅ 2 Baths ⋅ 26849157 MLS ⋅ Active Status

Rare VA assumable loan at just 3.625% interest! Qualified buyers, veteran or non-veteran, may assume the seller's existing VA loan with an approximate balance of $536,000, a rare opportunity in today's market that makes owning near the ocean more attainable than ever. Enjoy breathtaking views of iconic Morro Rock and the Pacific Ocean from this 3 bedroom, 2 bathroom coastal home offering 1,566 square feet of living space on a 4,626 square foot lot. Start your mornings with coffee on the wrap around porch and unwind in the evenings with sunset views over the ocean. Inside, the functional layout features natural light, inviting living spaces and plenty of potential to update and personalize. The backyard offers room to entertain, relax and enjoy the fresh coastal air. A rare bonus is the side yard parking area with room for an RV or boat and full hookups including water, electric and sewer. Located just minutes from the beach, restaurants and everything Morro Bay has to offer, this home is ideal as a full-time residence, weekend getaway or coastal retreat. With panoramic views, a 3.625% assumable rate and valuable RV or boat parking at the new $895,000 price, this is the Morro Bay opportunity you've been waiting for. Buyer to qualify with the lender and verify all loan assumption terms.

470 Las Vegas Street, Morro Bay

Morro Bay (MRBY) Homes under $1.25 million

Newest Morro Bay (MRBY) Homes under $1.25 million

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