$1,199,000
SOLD SEP 22, 2025

240 Terra St Morro Bay, CA 93442

3 Beds
3 Baths
1,590 Sq Ft
7,560 Sq Ft Lot

Recently Sold

$754 Per Sq Ft

4 Days on Market

Highlights

  • Golf Course Community
  • Coastline Views
  • Property is near park and public transit
  • Del Mar Elementary School Rated A-
  • RV Access or Parking
  • Main Floor Bedroom

About This Home

As of September 2025

Welcome to the entrance to Morro Bay's "Beach Tract," 240 Terra! Once known as the sales office for the subdivision back in 1967, this home's unique floor plan and ample square footage can also boast of the high quality building standards that were the order of the day. Sitting on a HUGE lot--over 7500 square feet--the potential for a myriad of uses such as exterior storage, addition to the existing dwelling and possibly even an ADU! (Accessory Dwelling Unit). The bedrooms exist in two separate "wings" of the home, allowing activity on one side while the other supports quietude. The pictures speak for themselves, as do the aerial shots display graphically just how much open lot remains for further landscape, dwelling expansion, etc. And for the handyman, a fully powered workshop on the southeast corner of the lot is a Craftsman's dream. The sellers will consider offers including furnishings and well as some or all of the vast array of tools in the workshop. This one's a winner! Call your Realtor today for your own personal showing of 240 Terra!

Last Agent to Sell the Property

Greg Astle

Greg Astle, Broker Brokerage Phone: 805-423-7653 License #00687207 Listed on: 08/15/2025

Last Buyer's Agent

Carrie Filler

Navigators Real Estate License #02023699

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 7,560 Sq Ft Lot
  • Wood Fence
  • Brick Fence
  • Fence is in fair condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Backyard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Coastline
  • Views of a landmark

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Den with Fireplace
  • Library
  • Workshop
  • Utility Room
  • Tile Flooring

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Customized Wheelchair Accessible
  • Ramp on the main level

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters
  • Front Porch

Location

  • Property is near park and public transit
  • Suburban Location

Schools

  • Los Osos Middle School
  • Morro Bay High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 8
  • Tax Tract Number 357
  • Assessor Parcel Number 065368002
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Beach Tract Subdivision
  • Foothills

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Beach Tract(730)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065368002
  • Year Built: 1967
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Customized Wheelchair Accessible, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Country Kitchen
  • Entry Level: 1
  • Fireplace Features: Den, Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 754.09
  • Room Type: All Bedrooms Down, Den, Entry, Family Room, Kitchen, Laundry, Library, Main Floor Bedroom, Office, Utility Room, Workshop
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Outbuilding, Storage
  • Exterior Features: Rain Gutters
  • View: Coastline, Landmark, Water
  • Fence: Yes
  • Fencing: Brick, Fair Condition, Wood
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Garage, Garage Faces Front, RV Access/Parking, RV Potential
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Electric Oven, Electric Range, Disposal, Gas Water Heater, Refrigerator, Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Gutters, Park, Watersports, Suburban

Schools

  • High School: Morro Bay
  • Middle Or Junior School: Los Osos
  • High School2: MORRB

Lot Info

  • Elevation: 12 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinklers In Rear
  • Lot Size Sq Ft: 7560.00
  • Lot Size Acres: 0.1736

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7560.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 105.06
  • Tax Lot: 2
  • Tax Tract Number: 357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2025
Closed on
Sep 5, 2025
Sold by
Bleemers G Maria
Bought by
Ohanneson Cheryl Lynn
Seller's Agent
Greg Astle
Greg Astle, Broker
Buyer's Agent
Carrie Filler
Navigators Real Estate
List Price
$1,199,000
Sold Price
$1,199,000
Views
28
Current Estimated Value
$1,189,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,728
Avg. Annual Appreciation
-2.87%
Original Mortgage
$839,300
Outstanding Balance
$839,300
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$349,972
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,199,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $839,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $1,199,000 0.0% $754 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $1,199,000 -- $754 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,706 $342,030 $149,333 $192,697
2024 $3,639 $335,324 $146,405 $188,919
2023 $3,639 $328,750 $143,535 $185,215
2022 $3,411 $322,305 $140,721 $181,584
2021 $3,524 $315,986 $137,962 $178,024
2020 $3,322 $312,747 $136,548 $176,199
2019 $3,288 $306,616 $133,871 $172,745
2018 $3,223 $300,605 $131,247 $169,358
2017 $3,160 $294,712 $128,674 $166,038
2016 $3,098 $288,934 $126,151 $162,783
2015 $3,051 $284,595 $124,257 $160,338
2014 $2,801 $279,021 $121,823 $157,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25174220

California Regional Multiple Listing Service (CRMLS)

APN: 065-368-002