Morro Bay Coastal Retreat: Views and Versatility
Prepare to be mesmerized by views of iconic Morro Harbor and Rock with the panoramic backdrop of the Pacific Ocean. Are you dreaming of a lucrative multi-family income property or a spacious single-family coastal compound? Look no further! This masterfully crafted gem offers unparalleled flexibility, serving perfectly as three private living retreats or one comfortable main residence paired with a high-end ADU. Situated on an impressively oversized lot with a clever downhill orientation on a quiet street with similarly sized properties. Parking is a breeze with plenty of off street space and an oversized two-car garage. Hardscape pavers and lovely landscape provide an inviting entry and front patio courtyard. The ground level entry opens to a bedroom, stairs to primary living space and hallway entrance to the optional ADU. The second level is truly the heart of the home—a lovely light-filled space with a wall of windows frames the ocean views to be enjoyed from living, dining, kitchen and even the master ensuite. A second bedroom/bath suite provides additional sleeping space.The spacious and sun drenched deck extends living space and is the icing on the cake. At the rear of the property, discover a charming, approximately 700 sq. ft. two-bedroom ADU with its own address and separate utility meters—ideal for guests or rental income. This private haven includes its own yard, laundry, and a versatile outbuilding perfect for a quiet home office or a creative art studio. New owners will benefit by the addition of solar provided through a Power Purchase Agreement. Furnishings may be included and are negotiable. Perfectly situated near the vibrant downtown, easy HWY 1 access, and the majestic State Park, this property is a rare crown jewel of the coast. Don’t miss your chance to own this slice of paradise—see it today!
Prepare to be mesmerized by views of iconic Morro Harbor and Rock with the panoramic backdrop of the Pacific Ocean. Are you dreaming of a lucrative multi-family income property or a spacious single-family coastal compound? Look no further! This masterfully crafted gem offers unparalleled flexibility, serving perfectly as three private living retreats or one comfortable main residence paired with a high-end ADU. Situated on an impressively oversized lot with a clever downhill orientation on a quiet street with similarly sized properties. Parking is a breeze with plenty of off street space and an oversized two-car garage. Hardscape pavers and lovely landscape provide an inviting entry and front patio courtyard. The ground level entry opens to a bedroom, stairs to primary living space and hallway entrance to the optional ADU. The second level is truly the heart of the home—a lovely light-filled space with a wall of windows frames the ocean views to be enjoyed from living, dining, kitchen and even the master ensuite. A second bedroom/bath suite provides additional sleeping space.The spacious and sun drenched deck extends living space and is the icing on the cake. At the rear of the property, discover a charming, approximately 700 sq. ft. two-bedroom ADU with its own address and separate utility meters—ideal for guests or rental income. This private haven includes its own yard, laundry, and a versatile outbuilding perfect for a quiet home office or a creative art studio. New owners will benefit by the addition of solar provided through a Power Purchase Agreement. Furnishings may be included and are negotiable. Perfectly situated near the vibrant downtown, easy HWY 1 access, and the majestic State Park, this property is a rare crown jewel of the coast. Don’t miss your chance to own this slice of paradise—see it today!
Property Details
Price:
$1,495,000
MLS #:
SC26117151
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Morro Heights 810
Neighborhood:
mrbymorrobay
Listed Date:
Jun 2, 2026
Finished Sq Ft:
2,700
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1980
See this Listing
Schools
School District:
San Luis Coastal Unified
Interior
Appliances
DW, MW, RF, TC, EO, ER
Bathrooms
4 Full Bathrooms
Cooling
NO
Heating
ELC
Interior Features
CF
Laundry Features
IR, IN, DINC, WINC
Levels
U
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
SL, GOLF, FISH, WATE, HIKI, BIKI, DGP
Fencing
WD, PRV
Garage Spaces
2
Other Structures
OB
Parking Spots
2
Parking Total
2
Patio And Porch Features
DK
Spa Features
NO
View
BA, HI, OC
Window Features
DPW
Financial
Map
Community
- Address& 489 Estero Morro Bay CA
- SubdivisionMorro Heights (810)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
Subdivisions in Morro Bay
Market Summary
Current real estate data for Single Family in Morro Bay as of Jun 07, 2026
41
Single Family Listed
69
Avg DOM
905
Avg $ / SqFt
$1,847,440
Avg List Price
Property Summary
- Located in the Morro Heights (810) subdivision, & 489 Estero Morro Bay CA is a Single Family for sale in Morro Bay, CA, 93442. It is listed for $1,495,000 and features 6 beds, 4 baths, and has approximately 2,700 square feet of living space, and was originally constructed in 1980. The current price per square foot is $554. The average price per square foot for Single Family listings in Morro Bay is $905. The average listing price for Single Family in Morro Bay is $1,847,440.
Similar Listings Nearby
Courtesy of Dale Kaiser Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The California Company include the name of the listing broker. Neither the listing company nor The California Company shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. & 489 Estero
Morro Bay, CA

