$799,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

2481 Nutmeg Ave Morro Bay, CA 93442

Morro Bay Area

Estimated payment $5,039/month

Total Views 4,426
4 Beds
4 Baths
1,788 Sq Ft
$447 Price per Sq Ft

Highlights

  • Hot Property
  • Ocean View
  • Fishing
  • Del Mar Elementary School Rated A-
  • Golf Course Community
  • Main Floor Primary Bedroom

About This Home

Rare opportunity to own a Morro Bay property with panoramic ocean views of Morro Rock. The main home features 3 bedrooms and 3 bathrooms and is a fixer-upper, offering an exciting opportunity to create your dream coastal residence.

The property also includes an attached 1-bedroom, 1-bath ADU in excellent condition. The ADU provides the perfect place to live comfortably while renovations are completed on the main home, or can be used for guests, extended family, or potential rental income.

Enjoy breathtaking coastal scenery, beautiful sunsets, and sweeping Pacific Ocean views from this exceptional location. With its combination of incredible views, flexible living arrangements, and renovation potential, this property offers a unique opportunity to create something truly special in Morro Bay.

Listing Agent

Robert Moya

Century 21 Masters Brokerage Phone: 805-704-5680 License #02210851 Listed on: 08/26/2026

Century 21 Masters

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 4,000 Sq Ft Lot
  • Steep Slope
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Down Slope From Street

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Ocean Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • De Anza Elementary School
  • Morro Bay High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 2 / 28
  • Assessor Parcel Number 068275002

Community Details

Overview

  • No Home Owners Association
  • Morro Del Mar Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

4,000 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 805-704-5680
  • Property Attached: Yes
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Property Condition: Repairs Major, Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068275002
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1788.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 446.87
  • Room Type: Main Floor Primary Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Hiking, Fishing

Schools

  • Elementary School: De Anza
  • High School: Morro Bay
  • Elementary School #2: DEANZ
  • High School2: MORRB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Steep Slope, 2-5 Units/Acre
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 28
  • Tax Lot: 2

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,560 $706,737 $307,387 $399,350
2025 $7,560 $692,880 $301,360 $391,520
2024 $7,294 $679,295 $295,451 $383,844
2023 $7,294 $665,976 $289,658 $376,318
2022 $6,835 $652,919 $283,979 $368,940
2021 $6,725 $640,117 $278,411 $361,706
2020 $6,656 $633,555 $275,557 $357,998
2019 $5,429 $513,290 $270,154 $243,136
2018 $5,321 $503,226 $264,857 $238,369
2017 $5,215 $493,360 $259,664 $233,696
2016 $5,111 $483,687 $254,573 $229,114
2015 $5,032 $476,423 $250,750 $225,673
2014 $4,619 $467,092 $245,839 $221,253
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2026 08/26/26 For Sale $799,000 -- $447 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $380,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $24,804 Future Advance Clause Open End Mortgage
Open $108,000 Credit Line Revolving
Open $387,000 Unknown
Closed $244,500 Unknown
Closed $228,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS26187115

California Regional Multiple Listing Service (CRMLS)

APN: 068-275-002

California San Luis Obispo County Morro Bay 93442

2481 Nutmeg Ave, Morro Bay, CA

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California Regional Multiple Listing Service (CRMLS) 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. 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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Robert Moya
Listing Agent
Robert Moya
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Century 21 Masters
(805) 973-0971
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