The median home value in Morro Bay, CA is $884,950.
the county median home value of $642,500.
The national median home value is $277,796.
The average price of homes sold in Morro Bay, CA is $884,950.
Approximately 42% of Morro Bay homes are owned,
compared to 36% rented, while
22% are vacant.
Morro Bay real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Morro Bay real estate agent to arrange a tour today!
Learn more about Morro Bay.
Opportunity to own an iconic to Morro Bay Quonset Hut on a half acre, Street to Street downtown Morro Bay Lot! Walking distance to the towns amenities, and tourist rich waterfront. Get your creative juices flowing towards the potential of this 4000sqft architecuturally unique structure for your next business venture. Zoning is C-1 (Commercial Business). Excellent flex space which offers a wide variety of retail and other type of situations. The daily traffic from locals and tourists is non-stop, give them a reason to pull in. Best to consult with the City of Morro Bay planning to see if your vision fits. There is an additional structure that is 20x30 for storage. Zoning C1 does show Hotel as an option, which a conversion to boutique artsy hotel could be worth a look. An additional interesting component is an underlying R2 building lot behind the hut where the 2nd storage space is, potential opportunity for a two story Rock/Ocean view duplex, but it also may hinge on the overall use/plan of the property. This is a true one of a kind, take a walk down temptation alley and see what you find - could be your next gold mine!
Regional events center The Lodge for sale less than 2 miles from the Pacific Ocean. +/- 8,000 sq. ft. building on +/- 2.56 acres. Includes two banquet rooms (with stages). Spacious commercial kitchen and outdoor BBQ area with outside space for events. Caretakers quarters onsite. Excellent signage along State Route 41, Atascadero Road. APN: 073-085-016. Selling price: $3,195,000.
Dont Miss this rare opportunity to acquire a fully renovated Self-Storage property in Morro Bay. Storage properties in this market are all 100% occupied with waiting lists! The area commands rents that are over $2 / sq. ft.; double that of the national average of $1.16 / sq. ft. Storage Units in this community come up for sale once in a decade; any opportunity should be aggressively pursued. FULL MARKETING PACKAGE AVAILABLE UPON REQUEST.
Prime location sits on the corner of Shasta and Morro Bay Blvd. This 1760 sq feet retail or office space, former Morro Bay Drug Store in the heart of Morro Bay. Owner will entertain a lease option.