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Your ocean view dream home awaits! Don’t miss this rare opportunity to own a piece of beautiful coastline in highly desirable North Morro Bay. This recently renovated beach bungalow is perfect for an investment property, beach home, or the starting point for a beautifully designed custom home. With peek-a-boo ocean views from the existing single story home, the potential for breathtaking second-story views awaits. Step inside to discover a thoughtfully updated interior, featuring a renovated kitchen & bathroom with painted wood cabinets and beautiful epoxy countertops. The open layout creates a warm and inviting atmosphere, ideal for relaxation. Recent upgrades include all new: roof, windows & doors, electrical, plumbing, flooring, (3) wall heaters, paver patio, paver entry path, deck, gutters, patio cover, storage shed, interior & exterior paint. Whether you're enjoying your morning coffee on the porch or hosting a gathering on the spacious patio, the outdoor spaces are designed to enhance your connection with nature. The fenced front and back yards offer privacy and ample space for gardening or future development. For added convenience, the home includes two outdoor storage sheds (one is built to support a roof top deck - check with the city for potential ADU conversion), washer and dryer hookups, as well as on-site parking. This property truly embodies the essence of coastal living, offering a tranquil retreat just moments from the pristine beaches and vibrant heart of Morro Bay.Don't miss the opportunity to make this charming house your new home or investment project. Experience the beauty and potential of 331 Panay today! Included in the sale are renderings of a potential future 2BR / 2BA home (approx 1200 sf) with a garage, attached 700 sf ADU and rooftop deck - taking advantage of ocean and hill views from the 2nd story and rooftop deck. *All information deemed reliable but not guaranteed. Buyer to verify all information.
| Last Updated | 3/10/2025 | Tract | North Morro Bay (820) |
|---|---|---|---|
| Year Built | 1940 | Community | Morro Bay |
| County | San Luis Obispo |
SCHOOLS
| School District | San Luis Coastal Unified |
|---|
Price History
| Prior to Mar 7, '25 | $624,000 |
|---|---|
| Mar 7, '25 - Today | $614,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | Morro Bay |
| GARAGE | Driveway |
| HEAT | See Remarks, Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Breakfast Bar, Eat-in Kitchen |
| LOT | 2400 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | North Morro Bay (820) |
| UTILITIES | Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s),Ocean |
| WATER | Public |
| ZONING | R1 |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/14/25 4:03 PM PDT and /or other sources. 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
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