Morro Bay CA Real Estate & Homes for Sale

Discover an exceptional investment opportunity in Morro Bay, California, with this remarkable single-level commercial property at 495 Morro Bay Blvd. Zoned for retail trade and currently operating as one of the town's two exclusive cannabis dispensaries, this fully renovated 3,914 sq ft property presents a rare chance for investors. Featuring strategic corner placement for maximum visibility, proximity to the ocean, a 7% cap rate from a lease with one of the largest distributors and cultivators in the United States, and an array of amenities such as 24-hour security, restrooms, a break room, lobby, electric charging, Solar and key card entry, this offering is poised for success. Don't miss out on securing your place in Morro Bay's thriving retail landscape; contact us today for a viewing and explore the endless potential this property offers at an asking price of $2,450,000.

Welcome to 365 Surf Street, a fantastic investment property located in the highly sought-after community of Morro Bay! This multi-unit property, built in 1972, offers an excellent opportunity for both investors and house hackers. Situated on a spacious 7,500 square foot lot, the property comprises a single building with a total of four units, generating an annual income of $40,000 with the potential for so much more. Each unit is a comfortable 612 square feet and includes 1 bedroom, 1 full bathroom, a living room, and a well-equipped kitchen. The property features two units on the upper level and two units on the lower level. All units have the added bonus of a pleasant deck and access to a shared yard and barbecue area. The upper units provide breathtaking views of the ocean, Morro Rock, and the iconic 3 Stacks. Additionally, the two lower garages offer four parking spaces, covering approximately 756 square feet of space. The property has seen around $118,000 in upgrades and improvements, including laminate flooring, tile flooring in the bathrooms and kitchen, stylish faux blinds, new lighting fixtures, fresh paint, dual pane windows for enhanced energy efficiency, upgraded landscaping, and new garage doors. Currently, three of the units are leased at $1,285 per month each, while the remaining unit commands a monthly rent of $1,350. For investors, this property represents a lucrative investment opportunity. House hackers have the flexibility to live in one unit while generating rental income from the others. This rare opportunity places you in close proximity to the beach, Embarcadero, and an array of excellent seafood dining and shopping options. Don't miss your chance to invest in this income-generating property in the charming coastal community of Morro Bay! Take your tour here: https://vid.us/9wfrki or call today!

Mediterranean custom home with amazing Whitewater, Rock and Ocean views. Located in the desirable Northern tip of Morro Bay allowing for easy access to miles of beachcombing, surfing, fishing and stunning sunsets over the Pacific Ocean. This 3 bedroom 3 bath, 1,728 sqft. home features a Sunroom, approximately, 21 x 14, can be used for possible 4th bedroom or current workout room. The Sunroom has been updated with new Custom Glass Panes to enhance the breathtaking panoramic views~ must be experienced to truly appreciate the stunning Coastal perspective! This sunlit home offers an open floor plan with large formal dining area, spacious Kitchen/ Cabinetry, breakfast bar, Vaulted ceilings, Wetbar, fireplace, large Primary bedroom with Cedar lined walk-in closet and private deck. The 3 decks have been replaced, $100,000, with Timber Tech Azek synthetic decking- new pressure treated joists too! Other updated items: New Stucco on South side, Forced Air Unit Replaced, Permeable custom pavers, Air Vol Block landscaping and concrete walkway to additional storage, New 50 gallon H2O heater, Freshly painted bedrooms and tiled entry. And for those rare warmer days we experience, the primary bedroom and living room have Fridge Aire window units! All of this with surrounding coastal mountains to get the best of both worlds- Surf and Turf!

Major Price adjustment on this Fantastic "Beach Tract" Opportunity! The original owners are offering this classic late mid-century home for sale the first time! All kinds of unique features including spacious bedrooms, a Master with walk-in closet and sunken tub-shower combo bath. The large Kitchen-Dining-Family Room is incredibly spacious and features a never-used, brick hearth fireplace! The formal Living Room is light and airy. The location is quiet and an easy stroll to Morro Strand Beach--a beach-goer's delight! Plenty of room on the North side of the garage for RV storage. Reports are available. This is the one you've been waiting for--Call your Realtor today!

Welcome to coastal living at its finest! Nestled in the picturesque 55+ community of Silver City West of Morro Bay, this delightfu 2019 built, l 1-bedroom, 1-bathroom manufactured home offers comfort, convenience, and a fantastic beachside lifestyle. Step inside to find a cozy and well-maintained interior, perfect for relaxing. The open floor plan enhances the sense of space, and large windows allow natural light to fill the rooms. The kitchen is equipped with modern appliances, ample counter space, and cabinets for storage. The current washer and dryer is staying with the home to make move in a littel easier. Enjoy the side yard for those relaxing nights near the ocean.

Welcome to your dream home in Morro Bay. Nestled in the heart of this seaside town, and highly desirable neighborhood, this stunning three bedroom three bathroom residence offers an opportnity to experience the ultimate California coastal lifestyle! Take a leisurely stroll to the Embarcadero and enjoy the boutique shops and amazing restaurrants. This cozy beach cottage was taken down to the foundation and newly constructed in 2018. Greeted by an amazing front patio, you can enjoy watching evening sunsets over the ocean while relaxing with a glass of local wine. Upon entrance to the home is the bright and airy open floor plan filled with an abundance of natural light and breathtaking views of Morro Rock. The kitchen is equipped with stainless steel appliances, sleek quartz countrtops and ample storage. Enjoy a main floor primary with ensuite or utilize the second level bedroom with ensuite as the primary with ocean views! This incredible home comes with an amazing bonus: Approved plans for an ADU. This means that you have the unique opportunity to unlock even more value and to customize the space according to yor needs and preferences. This thoughtfully designed ADU will seamlessly blend with the existing architecture, ensuring both style and functionality, allowing for a separate living space for guests, a peaceful retreat or the ability to generate additional rental income as a studio. Embrace the enless possibilities and don't miss out on the opportunity to own a home in this remarkable coastal community.

Your Beach Lover's Paradise Awaits! Nestled in Silver City Resort just moments from the pristine shores of Morro Bay, this charming mobile home offers an idyllic coastal retreat. Say goodbye to costly hotel stays and say hello to your very own cozy oasis. Start your day with the sun casting its golden glow over the glistening waters, accompanied by the soothing sound of rolling waves and the gentle call of seagulls all just steps from your door. This affordable slice of beachfront living includes community perks like a welcoming clubhouse, perfect for gatherings and relaxation. Whether you're in search of a weekend escape or a permanent residence with an oceanic embrace, this Morro Bay mobile home provides the ideal opportunity to turn beachfront dreams into a reality. With fully owned solar and a tankless water heater expect low to non-existent utility bills! This unit also is under a rent-controlled park! Don't miss out; secure your seaside sanctuary today!

Welcome to the best priced Single family home in Morro Bay with ocean views and just blocks from the beach! 331 Jamaica is a 3-bedroom, 2-bathroom property that was taken down to the studs in 2012 and fully remodeled. It has had a landscaping overhaul, including stamped concrete, in order to create inviting outdoor spaces that feel like you're in a private oasis. Enjoy mesmerizing views of the ocean from both the front and back decks, offering a unique perspective of the coastal beauty. Imagine the tranquility of sipping your morning coffee on the front deck while taking in the ocean on one side and the tranquil rolling hills on the other. Surrounded by lush trees and private fencing, it is the perfect spot to host summer gatherings. Inside the home, you'll find that the kitchen and living areas are conveniently located on the 2nd floor, allowing you to enjoy ocean views and spend the evenings relaxing on the connected balcony. The kitchen has lots of counter space, dark cabinetry, stainless steel appliances, self closing hinges, and bar seating. The master suite is also located on the 2nd floor and has nice window views and a large shower. Downstairs you'll find the remaining 2 bedrooms, a full bathroom, and the oversized laundry room with built-in storage. The beautifully landscaped yard features artificial grass and plants watered through an automated drip system, ensuring your outdoor space remains effortlessly pristine. The single car garage, and driveway for additional parking, are a nice convenience to have in this neighborhood. Another nice feature is the solar panels! Close to Del Mar Park, the beach, dining, shopping and more! Don't let this one pass you by!

Unique opportunity to own a mixed use commercial property in Morro Bay. This unit offers direct visibility from Highway 1 and is surrounded by successful retail, commercial and light industrial businesses. The space offers a retail/office setting at the entry, warehouse space with a roll up door, a private restroom, and an additional permitted 1000 square foot mezzanine/loft that is not included in the listed square footage. The warehouse offers 3 phase and 220 volt electric. This space offers a variety of uses for the aspiring entrepreneur. Call for a showing today.

Rare investment and development opportunity. Fully approved 5 lot subdivision in Morro Bay's most highly regarded beachside neighborhood, The Cloisters. The one-acre parcel located west of Hwy 1 is ready for improvement. Featured nationally in Coastal Living magazine, The Cloisters encompasses 84 acres, with 57 acres of open space preserve, a one-acre public park, and over two miles of paved trails, including beach access. Upon the initial offering, all 120 homes and sites at the Cloisters sold out quickly. Now, a once-in-a-lifetime opportunity opens up again. Sale includes a full set of approved architectural plans, landscape plans, construction documents, Coastal Commission approval, and permits - good through February 2025. Demand for single-family homes in this beachside community is high so take advantage of this favorable time, and be a part of history!

Charming Morro Bay Beach Cottage with a Peek-A-Boo View of Morro Rock! This 3 bed, 1 bath home offers 9' high ceilings, pine wood flooring, and old growth redwood walls. Enter the enclosed front porch with an abundance of windows which offers a great space to enjoy your morning coffee or read a book. Immediately you will notice the charm of the craftsman style door and the redwood walls that encase the entry. From the entry are two nicely sized bedrooms with original windows and natural light. The living area offers a cozy, yet spacious room for entertaining and is adjacent to the kitchen and dining area. The kitchen offers a newer stainless steel gas range and an adorable built in cabinet. The back bedroom is near the kitchen and has a view of Morro Rock, wood plank floors and an attached full bath. There is an indoor laundry room with a recently installed water heater and access to the backyard. The backyard is a true nature lover's retreat with mature plants, a paver patio area to enjoy the sunshine and coastal weather, along with pastoral views and distant mountains showcased from the rear covered porch. Additionally, there are two sheds for ample storage space. All of this within close proximity to the Embarcadero, the beach, restaurants, kayaking & more - don't miss your opportunity to own your slice of paradise on the Central Coast!

Buff Beach Bungalow! This 3 bedroom 2 bath home recently upgraded improvements such as: New Luxury Vinyl Plank flooring, LG appliances, Granite Counter tops, Stainless steel sink, Kohler low flow toilets and fresh paint. The downstairs third bedroom has separate entrance that opens up many possibilities! Decent ocean views with wrap around deck adjacent to the Avocado tree canopy for easy pickings! There's more ~ tankless water heater, new garage dual doors spacious parking for RV, private back yard, free standing wood fireplace, open beamed ceilings and cozy little back yard. Upgraded dual pane windows allows natural lighting to enter this home and watch the sunset over the Pacific Ocean! Owner may carry at 4%!

Enjoy ocean sunsets and close proximity to the coast from this North Morro Bay beach home. The spacious upstairs living area features an open concept layout, well appointed kitchen with a walk in pantry, gas fireplace, view deck, and a half bath. Master suite is also upstairs. All bedrooms include walk in closets. This property is in walking distance to the beach, Del Mar Park, and all that North Morro Bay has to offer. An attached two car garage, low maintenance yard, and outdoor shower complete this beach home.

Oceanfront land for sale. Public record shows two lots totaling 3.73 acres. The lots are zoned Visitor Servicing Commercial (VSC). Terrific location for a three-story hotel complex or RV Park & storage along the coastal access Atascadero Road. The owner planned to develop a 50 plus space MH Park and had extensive Biological Assessement reports prepared in 2001 and 2003. The heirs recently discovered copies of the reports, and will provide them for disclosure purposes only. Please contact the Morro Bay Planning Department for and all required studies, and reports needed for your proposed project.

This site for future happiness here is your opportunity to own a piece of California's Central Coast rolling foothill grassland. Parcel 4 of PARCEL MAP NO. CO-76-334 is a 35 +/- acre piece of the 1884 subdivision of Rancho San Bernardo owned by Pedro Quintana. This piece of fine coastal real estate is located approximately 2.5 miles from Morro Bay having 621 feet of Little Morro Crk Rd frontage. The parcel has a gravel road for access to the top of the hill for your potential residential building site with forever views of Morro Rock, Pacific Ocean, Hollister Peak and the Santa Lucia mountain range. They don't make 'em like this anymore, so it's first-come, first-served. Because of unusual circumstances, this site for future happiness is available for only $1,100,000.

Welcome to 500 Atascadero Rd SPC C8 in Morro Bay! This diamond in the rough is ready for you to make it shine and build fast equity. Come enjoy the paradise Morro Bay has to offer with its warm microclimates, sandy beaches and ever so memorable sunsets. Located just 1/2 mile to the beach, enjoy the walking path into town or head straight down the street to the water. Enjoy the quaint ambiance of a small fishing village and the unique culture of living in a vacation/resort destination! This manufactured home offers a large entertaining area and eat-in kitchen plus the bedrooms are on opposite sides of the house. This original owner had the manufacturer combine bedrooms 2 and 3 into one large room. Washer, dryer and fridge are included! There's a great outdoor space that can be fenced in for your pets or privacy, and private parking with a covered carport. Silver City West is a 55+ park, perfect for a primary or second home. Give your Realtor a call and don't miss this opportunity to come to the coast for a fraction of the cost of area homes. Space rent applies, own the home, rent the land it sits on. Space rent to new buyer is $850/month. All buyers to be approved by the Park. Home dimensions are 56 feet long x 15'6". Selling "as-is no repairs", price reduced to reflect condition.

Welcome to your cozy coastal retreat in beautiful Morro Bay! This new 1 bed/1 bath manufactured home offers the perfect opportunity to embrace a relaxed beachside lifestyle in the 55+ Silver City West Community. As soon as you walk in, you are greeted with an open floor plan with ample natural light. Each detail of the home is new and timeless. There is even a loft for visitors! Enjoy the flow of the nearby creek outside from the deck or take a quick drive to the beach. Don't miss the chance to own this delightful home, perfectly situated on the Central Coast!

Want to build your Dream Home in Morro Bay with a awesome view? Well here you go. This is an up slope lot with: Rock - Ocean and Panaramic City views. Lot size is 40 x 100 (4000sf). You can build up to apprx 2600 sqft home on this lot(Check with City to Confirm). Located on a quiet street - High up the hill from Hwy 1. There is no address number on the lot.

Flat, fully fenced, easy Buildable, lot, Ocean view from the second floor, located conveniently close to beach , Highway 101, downtown shopping and eateries in the beautiful town of Morro Bay.. The sale price will include the current Design and Plan, CDP approved design, CDP approval, City of Morro Bay Approval for final Permits The current design is approved for 427 SFR and 427A ADU as two fully independent units.

Drastic price reduction! Imagine this 5-acre parcel improved with a custom home, barn, shop, and white rail fencing on the lot lines. Your estate will be seen for miles when driving up, down the coast, or from the air. This unique parcel is the remaining part of the Sequoia Ct tract of ten half-acre lots, and custom homes that average over 3000 sq ft in size. The entire subdivision is outside of the Coastal Commission Zone, but inside the City Limits and includes all city services and all public utilities. The subdivision is very private, and wildlife of deer, quail, rabbits, hawks, and Monarch butterflies abound. The ocean views are unobstructed. There are no HOA monthly dues or road maintenance. This is a flag lot, which from the air looked like an arrowhead. All four corners are staked, and a building pad is roughed in. A copy of the CC&Rs and the original soil report from Geo-Solutions is attached as a supplement. The Buyer will need to negotiate a fee directly with Geo Solutions to upgrade the reports when applying for a building permit. However, the fee will be less costly than the original reports. The original developer controls the CC&Rs and will allow the ADU unit. With an updated soil report and a full set of house plans, you should be able to secure a building permit within 6 to 9 months. You also have the option to add a separate ADU "accessory dwelling unit" for Mom and Dad. Call the Morro Bay Planning Department for all the details to build.

BUILDER'S OPPORTUNITY!! Rare opportunity to buy a 50'x80' lot in a premiere location at the top of the hill with PANORAMIC COASTLINE VIEWS to the west, including: Morro Rock, Back bay, Morro Bay Harbor, Montana de Oro, and all the way north to the Cayucos bluffs. Views to the east include Hollister Peak and sister peaks toward SLO. Spec build to sell or build your perfect home. Invest now while the price is right! Check with the City of Morro Bay regarding building permits and call your Realtor today!

A SLICE OF PARADISE IN BEAUTIFUL MORRO BAY RECENTLY REDUCED & ONE OF THE BEST BUYS IN MORRO BAY FOR THE LARGE SQARE FOOTAGE AND PRIDE OF OWNERSHIP THROUGHOUT... this Lovely Custom 3 Bdrm., 2 1/2 Bath Home. This spacious Home has over 2,000 sq. ft. with a wonderful Open Floorplan that is perfect for entertaining with a large Gourmet Kitchen with Center Island, Stainless Steel Appliances, and beautifully crafted Cherry Wood Cabinets. The Great Room is enhanced with a lovely Fireplace, Accent Lighting, Wet bar & easy-care Wood laminate flooring including wiring for Surround Sound with access to the outdoor Balcony where you can enjoy Summer BBQs. The spacious Main Suite features 2 Walk-in closets, Fireplace, Accent Lighting, and a peek of the ocean. The fabulous Ensuite Bath features a large separate Tiled Shower, Jacuzzi Tub, and lovely tiled vanity. The Laundry Room is conveniently located upstairs including a Powder Room for Guests. Remaining Bedrooms are downstairs with a Full Bath, including 2 separate fully finished Garages wired for music & internet. The low maintenance backyard has plenty of room for animals, including a front Garden Patio where you can enjoy a glass of wine. Enjoy Another Day In Paradise walking the Beach, Surfing, Fishing, Boating, Golf, Kayaking, Pickleball or just relaxing watching the most Spectacular Sunsets!! Move-in-Ready...All Termite Work Completed. Seller is Motivated!Call for an Appt. today!

Ready to build! Nearly level flag lot on a private street in Morro Bay. Views of Morro Rock, with potential for second-story ocean views in your future home. Utilities have been stubbed to each property and the required fire turn-around is in place on a neighboring lot. The common driveway is paved and is shared with neighboring parcels. Please be mindful not to disturb neighboring residences or to block the shared driveway. The privacy of this location can be yours soon! Contact your Realtor today!

This choice lot is ready for building. Imagine a spacious home on a spacious lot with unblock able ocean views in Morro Bay and it is yours! Stand on building pad and check huge ocean vistas free of utility lines. This is your opportunity! This parcel is over half an acre with spectacular ocean and hillside views. All utilities are underground with City Water. This quiet neighborhood is on a cul-de-sac with close proximity to Del Mar Park with tennis and pickle ball courts and the Morro Strand beach. Deer, turkey, birds, and butterflies share the property. Contemporary house plans included for 3 bedrooms, 3 baths with total living space of 2776 sf, plus 507 sf in an attached garage. Every room has ocean or mountain views. Multiple outdoor spaces have ocean views for dining outside and for soaking in the spa. Spacious owner's suite has large walk-in closet and en suite bath with ocean view soaking tub. Separate office and laundry room.Minor Use Permit is for the site and house design that was submitted to the City. The permit is valid for 2 years with possibility of 2 one year extensions. Lot is just outside the coastal zone. Soils engineering report. Even the fire department has given approval. Ready to go!!

Highly improved professional office suite available in Cypress Plaza. Move-in ready in the heart of Morro Bay. Located along the historic Highway 1 and minutes north of San Luis Obispo. Morro Bay is the primary southern gateway to Hearst Castle, Cambria, Big Sur, and Moonstone Beach. Co-anchored by Rite Aid and Albertsons, the shopping center has excellent exposure that also includes Subway, OReilly Auto Parts, Round Table Pizza, UPS and McDonalds.PROMOTIONAL LEASE RATE - First 6 Months at $.80/SF NNN!