487 & 489 Estero AVE, Morro Bay, CA 93442 (MLS # SC26117151)

Price $1,495,000
Status Active
Beds 6
Baths 4 Baths
Home size 2,700 sqft
Lot Size 5,999 sqft
Days on Market 2
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!
Property Type(s): Single Family
Last Updated 6/2/2026 Tract Morro Heights (810)
Year Built 1980 Community MRBY - Morro Bay
Garage Spaces 2.0 County San Luis Obispo

Additional Details

AIR None
APPLIANCES Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
AREA MRBY - Morro Bay
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric
INTERIOR Ceiling Fan(s), Walk-In Closet(s)
LOT 5998 sq ft
LOT DESCRIPTION Landscaped
LOT DIMENSIONS 6000
PARKING Attached, Driveway, Garage Faces Front, Garage, Garage Door Opener
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Morro Heights (810)
VIEW Yes
VIEW DESCRIPTION Bay, Hills, Ocean
WATER Public

Location

 

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Listed with Dale Kaiser Real Estate

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 6/2/26 11:56 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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