The median home value in Morro Bay, CA is $1,012,500.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in Morro Bay, CA is $1,012,500.
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.
Imagine waking up to these incredible views every day when you build your dream house on this large 6200 Square foot Lot. The Panoramic Unblockable views of the Ocean and Morro Rock will make this your happy place. Please see sample permit fee schedule in supplements. There is a Coastal Development Permit in place - issued 12/8/23 and it expires on 12/8/25. (Extension is available) Please contact the City of Morro Bay Building Dept for questions regarding the permit & building process.
LIVING THE DREAM! SHOVEL READY, PERMIT IN HAND, WITH ALL FEES PAID!A VERY rare, one of a kind, find! Central Coast view lot. Look no further for the perfect opportunity to build your dream home. This rare Morro Bay lot will allow you to skip the lengthy approval process and get straight to building! No need to wait for permits or pay additional fees. Approved plans allow you to break ground immediately.With the hard work already done, this prime residential lot is ready for construction. In addition to soaking up the beautiful location, be the first to occupy this quality, custom 1,880 square foot two-story home with 3 bedrooms, 2 baths, and 2-car garage on a roomy 2,640 square foot lot. Once complete, enjoy sunset views of Morro Rock and the ocean waves from your second story. The coastal location offers easy access to the beach and nearby quaint town amenities in Morro Bay and Cayucos with easy access to Hwy 1, leading to stunning coastal attractions, San Luis Obispo County's wine region, vibrant restaurants and shopping districts, and unmatched outdoor activities. This is the perfect opportunity for anyone wanting to experience the beauty of California's central coast in a brand-new home...without the wait.
Capitalize on an exceptional investment and development opportunity between the desirable Beach Tract and Cloisters neighborhoods. The one-acre parcel comprises five lots, which are being prepped for further improvement. This fully approved subdivision, located West of Highway 1, offers an unparalleled chance for transformative growth in one of Morro Bay's most sought-after areas. This offering includes more than land: it has a complete development package, including approved architectural plans, thoughtfully designed landscaping, detailed construction documents, and Coastal Commission approval with permits. Adjoining The Cloisters encompasses 84 acres, including 57 acres of preserved open space, a one-acre public park, and over two miles of paved trails with direct beach accessan idyllic coastal haven for future residents. This development is positioned for success in a market with strong demand for single-family homes within prime beachside locations. Dont miss out on the chance to shape the future of Morro Bays coastal landscape and make a lasting mark on this vibrant community. The groundwork is laid for a successful project; now is the time to seize this opportunity.
Prime commercial lot 3 blocks from the water front in Morro Bay. Quick and Easy access on and off Highway 1Vacant lots are getting hard to find. Close to the Embarcadero, beach, bay, restaurants, shopping and all thatSan Luis Obispo has to offer. Check with the City about possible uses. Potential Amazing views of the Ocean, Bay, and Rock from a second story. Great opportunity for a commercial, residential, etc. project in Beautiful Morro Bay California.
Unique opportunity to pick up a 3,485 sq.ft. lot located in the flat part of North Morro Bay. Currently zoned as Neighborhood Commercial allowing for the opportunity to work and live above or behind in separate units or the combination of both. Looking for a lot with ocean views in the flat part of Morro Bay, look no further. Adjacent empty lot to South also for sale separately if youre looking for a street-to-street lot opportunity. Buyer to check with City of Morro Bay for all use inquires.
Flat as a pancake 3,485 sq.ft. lot located in the flat part of North Morro Bay. Currently zoned as Neighborhood Commercial allowing for the opportunity to work and live above or behind in separate units or the combination of both. Great investment opportunity without the hassle of moving dirt to be able to build up for rock and ocean views. Adjacent lot with Warehouse also for sale separately but opportunity exists to buy both for a street-to-street building opportunity. Buyer to check with City of Morro Bay for all use inquires.
PRICED REDUCED $50,000Want 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 Panoramic City views. Lot size is 40 x 100 (4000sf). You can build up to approx. 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.
Here's a rare opportunity to buy prime ocean front land zoned for commercial visitor use. This unique offering includes 3.73 acres fronting Morro Bay's famous sand dunes, 3-mile beach strand, and historic Morro Rock. Morro Bay is a vacation destination beach town known for its fishing village atmosphere, outstanding restaurants, sailing and boating, and fresh clean air. Morro Bay is an easy drive to Cayucos, and Cambria to Hearst Castle, then over the hills to Paso Robles and then down to San Luis Obispo to get an overall county tour of our beautiful wineries and to savor the taste of premium wines. Stop by Cal Poly, and our world famous Spanish mission of San Luis Obispo de Tolosa founded in 1772. The subject is located at the epicenter of our county activities. Possible uses are a major brand hotel complex with accessory shops & restaurant, an Ocean Institute and Coastal Visitor Center, or an RV park & storage. The owner had an extensive 82-page biological and wetland assessment report prepared in 2001. The report and a visual inspection indicates the lots have extensive coverage of scrub willow trees and ice plants, which should not be an issue to develop. The heirs to this estate will make it available for disclosures purposes only with an accepted offer. The City will require an updated report, a soil report, and a set of plans to apply for a building permit. Whatever your intended use, the City and Coastal Commission are mandated to give commercial visitor serving use a priority.
Imagine a spacious home on a spacious lot with unblock able ocean views in Morro Bay and it is yours! Stand on the 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 that has tennis and pickleball courts and is also close to 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. The spacious owner's suite has a large walk-in closet and en suite bath with an ocean view soaking tub. Separate office and laundry room.
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Based on information from CRISNet MLS as of 12/8/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
