5

Morro Bay, CA Homes under $500,000

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  • /22

    $435,000

    • 3 Beds
    • 2 Baths
    • 1,325 Sq Ft

    1545 White Pine Dr Unit 52, Morro Bay, CA 93442

    Brand-new 2025 Cavco manufactured home currently under construction and scheduled for delivery to 1545 White Pine Dr. #52 in Morro Bay around August. This beautifully designed 3-bedroom, 2-bath home will offer approximately 1,325 square feet of high-end, low-maintenance living in desirable 55+ Bay Pines Mobile Home Park. Designed with timeless coastal finishes and thoughtful upgrades throughout,

    Agent Photo

    Kathleen Scruton

    Real Estate eBroker Inc.

    (805) 251-0401

    1545 White Pine Dr Unit 52, Morro Bay, CA 93442
  • /53

    $449,000

    • Land
    • 0.12 Acre
    • $3,741,667 per Acre

    690 La Loma Ave, Morro Bay, CA 93442

    Incredible Development Opportunity in Coastal Morro Bay!Situated in one of California’s most charming beach towns, this rare corner lot offers a prime opportunity to build your vision in beautiful Morro Bay. Just steps from the iconic Morro Bay State Park and a minute from the shoreline, this land parcel offers location, flexibility, and investment potential all in one.Zoned for mixed-use

    April Noessel Gold Group Realty

    690 La Loma Ave, Morro Bay, CA 93442
  • /18

    $499,000

    • 1 Bed
    • 1 Bath
    • 530 Sq Ft

    490 Morro Ave Unit 5, Morro Bay, CA 93442

    Charming 1-Bedroom Condo Near Embarcadero! Your coastal escape awaits in this delightful 1-bedroom end unit condo, just steps from the picturesque Embarcadero and a leisurely walk to downtown Morro Bay. This cozy living space is filled with natural light and features a well-appointed kitchen ready for your culinary creations. The inviting bedroom ensures restful nights. With a prime location near

    Lorraine Sterkel Horizon Realty & Property Mgt

    490 Morro Ave Unit 5, Morro Bay, CA 93442
  • /7

    $435,000

    • Land
    • 0.06 Acre
    • $7,178,218 per Acre

    563 Zanzibar St, Morro Bay, CA 93442

    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

    Catherine Stone Central Coast Real Estate

    563 Zanzibar St, Morro Bay, CA 93442
  • /36

    $499,000

    • Land
    • 0.58 Acre
    • $860,345 per Acre

    650 Sequoia Ct, Morro Bay, CA 93442

    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

    Kathy Taverner BHGRE HAVEN PROPERTIES

    650 Sequoia Ct, Morro Bay, CA 93442

Home Trends in Morro Bay, CA

Housing Trends

Median Sale Price
$925,000
Median Single Family Sale Price
$1,089,000
Median Townhouse Sale Price
$800,000
Median 2 Bedroom Sale Price
$800,000
Median 1 Bedroom Sale Price
$635,000
Average Price Per Sq Ft
$763
Number of Homes for Sale
50
Last 12 months Home Sales
239
Months of Supply
2.50
Median List Price
$1,075,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
1%
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