Back to Search
485 Morro Ave
For Sale $2,390,000 ($737.20 per Sq Ft)
$2,390,000 ($737.20 per Sq Ft)
- 3 Bedrooms
- 3 Bathrooms
- 3,242 Sq Ft
- 23,632 Sq Ft
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 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 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,390,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 3,242 |
| Number of Stories | 2 stories |
| Parking Spots | 2 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 066171002 |
| MLS # | SC25218818 |
| Property ID | 322187540 |
| Lot Sqft | 23,632 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 177 |
| Original List Price | $2,750,000 |
| Date Updated | February 01, 2026 |
| Date Created | September 02, 2025 |
Listing Provided By
Christopher Bath an agent of . Lic #01231010
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 01, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT