Share this with your friends
(626) 893-2817
Gilbert Garcia
485 Morro Avenue, Morro Bay, CA 93442
- $1,750,000
- Sold Price
- $1,750,000
- List Price
- $1,975,000
- Closing Date
- Apr 13, 2026
- Status
- CLOSED
- MLS#
- SC25220419
- Year Built
- 1930
- Lot Size
- 23,632
- Acres
- 0.54
- Lot Location
- Corner Lot
- Days on Market
- 190
- Property Type
- Multifamily
- Style
- Ranch
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Embarcadero(750)
Property Description
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 potential. 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.
/u.realgeeks.media/livingbythefoothills/Gil_s_Photo_-_Right_Facing-removebg-preview.png)
Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Back Bay
- Exterior Construction
- Wood Siding
- Roof
- Composition, Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Multiple Primary Suites
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Christopher Bath (chris@coastonhome.com) from Listing Office: Coast Realty.
Listing sold by Christopher Bath from Coast Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.