NOT LISTED FOR SALE

2587 Laurel Ave Morro Bay, CA 93442

Estimated Value: $1,656,000 - $1,738,000

4 Beds
4 Baths
3,604 Sq Ft
$473/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2025

Last sale price $1,675,000 $465 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,227 / mo

224 Days on Market

Highlights

  • Viking Appliances
  • Fireplace
  • Central Heating
  • Del Mar Elementary School Rated A-

About This Home

As of November 2025

Coastal living at its finest. This custom home in Morro Bay w/unobstructed white water & Morro Rock views can be enjoyed on every level of the home. Rebuilt from studs up by a homeowner with a discerning eye for detail & foresight in design choices.Spacious, well-planned living in this 4 bdrm, 3-1/2 bath home w/a private elevator. Main level has a wall of sliding glass doors w/ocean views, open concept living & dining with an abundance of natural light.A chef's kitchen w/quartz counter tops,pearl capiz tile,Viking appliances,built-in refrigerator,custom cabinets,center island,Kitchen nook w/built in buffet plus office with beautiful flooring throughout. The 2nd floor living room w/fireplace and glass doors with ocean views in both the living & primary suite,marble throughout main bathroom,separate tub,large shower,custom closet,kitchenette w/laundry & office,possible inlaws unit w/seperate entrance and wine cellar,bottom floor has 3 bedrooms 2 bath,den & laundry w/extended 2 car garage

Last Agent to Sell the Property

Kathy Rivera

Watson Realty License #01395061 Listed on: 03/06/2025

Last Buyer's Agent

Kathy Rivera

Watson Realty License #01395061 Listed on: 03/06/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 4,000 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Interior Spaces

  • 3,604 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Viking Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating

Community Details

  • Morro Del Mar 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068256002

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Building Stories: 3
  • Solar Owned Leased: None
  • Deposit Amount Required: 25000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.0918
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Bathrooms: 4.00
  • Total Bedrooms: 4
  • Living Area: 3604.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central Heat

Association/Amenities

  • Site Amenities: Other

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 4000.00
  • Parcel #: 068256002

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Other-Outlying

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Oct 14, 2025
Sold by
Bought by
Seller's Agent
Kathy Rivera
Watson Realty
Buyer's Agent
Kathy Rivera
Watson Realty
List Price
$2,449,000
Sold Price
$1,675,000
Premium/Discount to List
-$774,000
-31.6%
Views
486
Current Estimated Value
$1,704,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,684
Avg. Annual Appreciation
2.97%
Original Mortgage
$1,340,000
Outstanding Balance
$1,338,463
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$366,221

Purchase Details

Closed on
Jun 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
6.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 12, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$1,675,000 Chicago Title Company
-- None Available
$775,000 Fidelity National Title Co
-- Fidelity National Title Co
-- None Available
-- None Available
$959,000 First American Title Co
-- --
-- Fidelity Title Company
$579,000 Chicago Title Co
-- Chicago Title Co
$340,000 Chicago Title Co
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 Borrower Loan Amount
Open $1,340,000
Previous Owner $580,000
Previous Owner $10,000
Previous Owner $498,750
Previous Owner $203,000
Closed $69,000
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
11/13/2025 11/13/25 Sold $1,675,000 -9.5% $465 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
09/11/2025 09/11/25 Price Changed $1,850,000 -15.9% $513 / Sq Ft
06/18/2025 06/18/25 Price Changed $2,200,000 -4.3% $610 / Sq Ft
05/31/2025 05/31/25 Price Changed $2,299,000 -2.1% $638 / Sq Ft
04/14/2025 04/14/25 Price Changed $2,349,000 -2.1% $652 / Sq Ft
04/09/2025 04/09/25 Price Changed $2,399,000 -2.0% $666 / Sq Ft
03/06/2025 03/06/25 For Sale $2,449,000 -- $680 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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
2025 $12,223 $1,128,114 $512,465 $615,649
2024 $12,002 $1,105,995 $502,417 $603,578
2023 $12,002 $1,084,310 $492,566 $591,744
2022 $11,250 $1,063,050 $482,908 $580,142
2021 $11,071 $1,042,207 $473,440 $568,767
2020 $10,577 $995,688 $468,586 $527,102
2019 $10,473 $976,725 $459,399 $517,326
2018 $10,274 $958,134 $450,392 $507,742
2017 $9,173 $855,524 $441,561 $413,963
2016 $8,993 $838,750 $432,903 $405,847
2015 $8,856 $826,152 $426,401 $399,751
2014 $8,132 $809,970 $418,049 $391,921
Source: Public Records

Agents Affiliated with this Home

  • Kathy Rivera

    Seller's Agent in 2025

    Kathy Rivera

    Watson Realty

    (661) 340-1846

    126 Total Sales

    Kathy Rivera
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502658

Bakersfield Association of REALTORS® / GEMLS

APN: 068-256-002

California San Luis Obispo County Morro Bay 93442

2587 Laurel Ave, Morro Bay, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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