$2,390,000

FOR SALE

485 Morro Avenue

Morro Bay, Ca, 93442

MLS #SC25218818

Subdivision: Embarcadero(750)

Building: -

3 Beds

3/- Baths

3242 sqft

$ 737.20 /sqft

Property Details

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 crows nest, one of Morro Bays 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 Californias Central Coast.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
CashToNewLoan
Year Built
1930
Cooling
None
Pets Allowed
-
Amenities
-
Interior
MultiplePrimarySuites
Maintenance Fee Includes
-
Governing Bodies
-
Construction
WoodSiding
Security
-
Heating
WallFurnace
Garage/Carport
2
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Carport,Garage,RvAccessParking,SeeRemarks
Application Fee
-
Water Access
-
Pool
No
Gated Community
No
Status
A
Listing Office
Coast Realty

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Listing Courtesy of: Coast Realty