Kellye Grayson
The Avenue Central Coast Realty, Inc.
(805) 250-4808
23 Total Sales
1 in Morro Bay
$746,000 Price
430 Olive St Morro Bay, CA 93442
Morro Bay AreaEstimated Value: $1,450,179 - $1,770,000
3
Beds
4
Baths
2,400
Sq Ft
$663/Sq Ft
Est. Value
Highlights
- Ocean View
- Spa
- Open Floorplan
- Del Mar Elementary School Rated A-
- Updated Kitchen
- Wood Flooring
About This Home
As of January 2026Coastal Retreat Backing Up to Cerrito Peak – Ocean Views & Prime Location!
Enjoy the best of Morro Bay living in this stunning tri-level home with 3 bedrooms and 3 full baths and 1-3⁄4 bathrooms, perfectly situated in the coveted Morro Heights neighborhood. This unique property backs up to scenic Cerrito Peak, offering a rare blend of privacy, nature, and spectacular ocean views.
Inside, you'll find a spacious living room and comfortable family room, both with access to a large entertainer’s patio—ideal for soaking in sunsets or hosting guests. The kitchen features granite countertops, while wood and ceramic tile flooring runs throughout the home.
Two of the bathrooms include oversized Jacuzzi tubs, and the home is enhanced by ceiling fans and abundant lighting, both indoors and out. Just a short walk to the Embarcadero and downtown Morro Bay, this home delivers coastal living at its finest, with nature as your backyard and the ocean as your view.
Possibly lock off top floor which has a separate entry for separate guest quarters or rent. Additionally, the owner live in lower 2 levels which includes the family room, kitchen, living room, full bath and large patio on 2nd level and ground floor master suite, 1 full bathroom and also a 3/4 bath and laundry area.
Last Agent to Sell the Property
Horizon Realty & Property Mgt Brokerage Phone: 805-440-6853 License #00648760 Listed on: 05/15/2025
Last Buyer's Agent
Horizon Realty & Property Mgt Brokerage Phone: 805-440-6853 License #00648760 Listed on: 05/15/2025
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Home Details
Home Type
- Single Family
Year Built
- Built in 1956 | Remodeled
Lot Details
- 8,948 Sq Ft Lot
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
- Property is zoned R2
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Garage Door Opener
- Combination Of Materials Used In The Driveway
- Driveway Up Slope From Street
Property Views
- Ocean
- Coastline
- Panoramic
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Interior Block Wall
- Stucco
Interior Spaces
- 2,400 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Track Lighting
- Double Pane Windows
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Self-Closing Cabinet Doors
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Low Flow Toliet
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Spa Bath
- Separate Shower
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Balcony
- Concrete Porch or Patio
- Rain Gutters
Location
- Suburban Location
Schools
- Morro Bay High School
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 9 / J
- Assessor Parcel Number 066222074
- $244 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Morro Heights Subdivision
Amenities
- Laundry Facilities
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
May 15, 2025
Closed on
Dec 29, 2025
Sold by
Crafton Carolyn Ann
Bought by
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
List Price
$2,169,000
Sold Price
$1,624,000
Premium/Discount to List
-$545,000
-25.13%
Views
229
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,705
Avg. Annual Appreciation
-3.29%
Original Mortgage
$1,000,550
Outstanding Balance
$994,713
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$597,582
Purchase Details
Closed on
Mar 25, 2003
Sold by
Crafton Carolyn Ann
Bought by
Crafton Jerry Craig and Crafton Carolyn Ann
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morro Bay, CA
-
Kellye Grayson
-
Jamie Speaks
Jamie Speaks
eXp Realty of California, Inc.
(805) 303-3368
66 Total Sales
2 in Morro Bay
$1,225,000 Price Range
-
Kris Nafziger
Kris Nafziger
San Luis Bay Realty
(805) 600-2568
40 Total Sales
3 in Morro Bay
$590K - $750K Price Range
-
Steve Murphy
Steve Murphy
Century 21 Masters
(805) 706-0047
64 Total Sales
5 in Morro Bay
$782K - $1.3M Price Range
-
Sophia McDonald
Sophia McDonald
Coastal Real Estate
(805) 321-1682
46 Total Sales
7 in Morro Bay
$435K - $1.2M Price Range
-
Sophia Lerios
Sophia Lerios
eXp Realty of California Inc
(831) 480-1790
16 Total Sales
2 in Morro Bay
$1,550,000 Price Range
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 |
|---|---|---|---|
| $1,624,000 | First American Title | ||
| Crafton Jerry Craig | -- | -- |
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 | $1,000,550 | ||
| Previous Owner | Crafton Carolyn Ann | $538,125 | |
| Previous Owner | Crafton Jerry Craig | $75,000 |
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 |
|---|---|---|---|---|
| 01/20/2026 01/20/26 | Sold | $1,624,000 | 0.0% | $677 / Sq Ft |
| 12/06/2025 12/06/25 | Pending | -- | -- | -- |
| 09/02/2025 09/02/25 | Price Changed | $1,624,000 | -12.2% | $677 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $1,849,000 | -2.6% | $770 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $1,899,000 | -12.4% | $791 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $2,169,000 | -- | $904 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $3,881 | $359,140 | $65,951 | $293,189 |
| 2025 | $2,562 | $352,099 | $64,658 | $287,441 |
| 2024 | $2,523 | $231,838 | $63,391 | $168,447 |
| 2023 | $2,523 | $227,954 | $62,149 | $165,805 |
| 2022 | $2,372 | $224,146 | $60,931 | $163,215 |
| 2021 | $2,254 | $212,213 | $59,737 | $152,476 |
| 2020 | $2,234 | $210,300 | $59,125 | $151,175 |
| 2019 | $2,216 | $206,677 | $57,966 | $148,711 |
| 2018 | $2,178 | $203,126 | $56,830 | $146,296 |
| 2017 | $1,867 | $174,144 | $55,716 | $118,428 |
| 2016 | $1,831 | $170,730 | $54,624 | $116,106 |
| 2015 | $1,803 | $168,166 | $53,804 | $114,362 |
| 2014 | $1,655 | $164,873 | $52,751 | $112,122 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Sterkel
Seller's Agent in 2026
Lorraine Sterkel
Horizon Realty & Property Mgt
(805) 440-6853
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25107871
APN: 066-222-074
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.
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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