457 Piney Way Morro Bay, CA 93442
Estimated payment $16,183/month
Highlights
- Ocean View
- Under Construction
- Solar owned by seller
- Del Mar Elementary School Rated A-
- No HOA
- Cooling Available
About This Home
This rare, newly constructed coastal compound offers an exceptional opportunity to own a versatile four-unit property just moments from Main Street in the heart of beautiful Morro Bay. Designed for modern coastal living, multi-generational flexibility, or owner-occupied income potential, this turnkey property blends lifestyle, investment opportunity, and brand-new construction in one of the Central Coast’s most sought-after communities.
The centerpiece is a stunning two-story duplex featuring two spacious residences of approximately 1,768 sq ft and 1,654 sq ft, each offering 3BR/2.5BA with thoughtfully designed open-concept floor plans ideal for everyday living and entertaining. Expansive kitchen, dining, and living spaces flow seamlessly together, while second-story balconies capture partial coastline views, ocean breezes, and beautiful sunsets. Interior finishes include quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and sleek contemporary kitchens with modern coastal styling throughout.
Complementing the duplex are two detached 1BR/1BA ADUs, each approximately 526 sq ft, providing exceptional flexibility for guests, extended family, executive retreats, or rental income. Both ADUs feature second-story balconies, with one offering partial ocean views from both the bedroom and deck.
Built with efficiency and peace of mind in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with an individual fire sprinkler system reporting directly to the fire department. Located just minutes from downtown Morro Bay, local dining, shopping, and the waterfront, this unique property offers a rare chance to own a modern coastal legacy property with outstanding flexibility and income-producing potential. Estimated completion is June 2026. Photos will be updated as construction progresses.
Listing Agent
BHGRE Haven Properties Brokerage Phone: 805-206-6328 License #01924542 Listed on: 04/30/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2026 | Under Construction
Lot Details
- 6,300 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Front Facing Garage
Home Design
- Duplex
- Entry on the 1st floor
- Slab Foundation
- Stucco
Interior Spaces
- 4,474 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Ocean Views
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Eco-Friendly Details
- ENERGY STAR Qualified Equipment
- Solar owned by seller
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 8 / E
- Assessor Parcel Number 066186015
- $2,280 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
- Morro Heights Subdivision
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,241 | $206,856 | $206,856 | -- |
| 2024 | $2,201 | $202,800 | $202,800 | -- |
| 2023 | $2,201 | $198,824 | $198,824 | $0 |
| 2022 | $2,063 | $194,926 | $194,926 | $0 |
| 2021 | $2,030 | $191,104 | $191,104 | $0 |
| 2020 | $2,009 | $189,145 | $189,145 | $0 |
| 2019 | $1,988 | $185,437 | $185,437 | $0 |
| 2018 | $1,949 | $181,801 | $181,801 | $0 |
| 2017 | $1,911 | $178,237 | $178,237 | $0 |
| 2016 | $1,874 | $174,743 | $174,743 | $0 |
| 2015 | $1,845 | $172,119 | $172,119 | $0 |
| 2014 | $1,694 | $168,748 | $168,748 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $2,950,000 | -- | $659 / Sq Ft |
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 | -- | Placer Title | |
| Grant Deed | $23,000 | None Available | |
| Grant Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Insuran | |
| Grant Deed | $65,000 | First American Title Insuran |
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 | $1,820,000 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26092950
APN: 066-186-015
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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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