490 Morro Ave Unit 5 Morro Bay, CA 93442
Estimated payment $3,643/month
Highlights
- Golf Course Community
- Fishing
- Primary Bedroom Suite
- Del Mar Elementary School Rated A-
- Bay View
- Across the Road from Lake or Ocean
About This Home
Set on the edge of the Embarcadero, this turnkey Morro Bay condo puts you just a one-minute walk from the waterfront and minutes from the best of Morro Bay. Step out to the front of the complex and take in beautiful views of Morro Rock, with Franklin Riley Park across the street, Tidelands Park and playground nearby, and easy access to the harbor, waterfront dining, coffee shops, art galleries, kayaking, paddleboarding, coastal trails, the Main Street Farmers Market, Morro Bay Golf Course, Morro Bay State Park, and the Museum of Natural History. Inside, this 1-bedroom end-unit condo is bright, inviting, and in excellent condition, with abundant natural light and peekaboo views of the bay and Black Hill. The living area features an electric fireplace, creating a comfortable place to unwind after a day by the water. The kitchen is well appointed with custom cabinetry, soft-close drawers, a large single-basin sink, and an Electrolux range with induction cooktop. The bedroom includes a walk-in closet, while the bathroom features a large walk-in shower and a stacked washer and dryer for everyday convenience. The condo also includes a designated covered carport directly below the unit, offering easy access, plus private storage space for beach gear, golf clubs, bikes, or weekend essentials. The HOA has been well managed, with recent exterior improvements including fresh paint, a new roof, new railings, and other updates throughout the property. Whether you’re looking for a low-maintenance coastal getaway, a convenient second home, or a quiet Morro Bay retreat to escape the heat of the valley or the pace of the city, this condo is ready to enjoy from day one.
Listing Agent
Home & Ranch Sotheby's Intl Brokerage Phone: 530 545-9561 License #01955407 Listed on: 05/28/2026
Property Details
Home Type
- Condominium
Year Built
- Built in 1978
HOA Fees
- $350 Monthly HOA Fees
Property Views
- Bay
- Peek-A-Boo
- Hills
- Neighborhood
Home Design
- Entry on the 2nd floor
- Turnkey
Interior Spaces
- 530 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Combination Dining and Living Room
- Laundry in unit
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 1 Full Bathroom
Parking
- 1 Car Garage
- 1 Carport Space
- Parking Storage or Cabinetry
- Parking Available
- Assigned Parking
Utilities
- Radiant Heating System
- Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Ocean Side of Highway 1
- 1 Common Wall
- Across the Road from Lake or Ocean
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot A
- Tax Tract Number 655
- Assessor Parcel Number 066179005
- Seller Considering Concessions
Community Details
Overview
- Master Insurance
- 7 Units
- Rusty Anchor Homeowners Association, Phone Number (661) 619-7661
- Embarcadero Subdivision
- Maintained Community
Recreation
- Golf Course Community
- Fishing
- Water Sports
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,006 | $363,418 | $266,351 | $97,067 |
| 2024 | $3,866 | $356,293 | $261,129 | $95,164 |
| 2023 | $3,866 | $349,308 | $256,009 | $93,299 |
| 2022 | $3,624 | $342,460 | $250,990 | $91,470 |
| 2021 | $3,566 | $335,746 | $246,069 | $89,677 |
| 2020 | $3,530 | $332,304 | $243,546 | $88,758 |
| 2019 | $3,493 | $325,789 | $238,771 | $87,018 |
| 2018 | $3,425 | $319,402 | $234,090 | $85,312 |
| 2017 | $3,358 | $313,140 | $229,500 | $83,640 |
| 2016 | $3,292 | $307,000 | $225,000 | $82,000 |
| 2015 | $2,961 | $283,185 | $108,452 | $174,733 |
| 2014 | $1,968 | $203,000 | $80,000 | $123,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2026 06/03/26 | Pending | -- | -- | -- | |
| 05/28/2026 05/28/26 | For Sale | $549,000 | +10.0% | $1,036 / Sq Ft | |
| 07/11/2025 07/11/25 | Sold | $499,000 | 0.0% | $942 / Sq Ft | View Prior Sale |
| 04/22/2025 04/22/25 | Price Changed | $499,000 | -3.1% | $942 / Sq Ft | |
| 01/22/2025 01/22/25 | For Sale | $515,000 | +67.8% | $972 / Sq Ft | |
| 11/23/2015 11/23/15 | Sold | $307,000 | -3.8% | $579 / Sq Ft | View Prior Sale |
| 10/14/2015 10/14/15 | Pending | -- | -- | -- | |
| 09/25/2015 09/25/15 | For Sale | $319,000 | -- | $602 / 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 | $499,000 | First American Title | |
| Grant Deed | $307,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $235,000 | Cuesta Title Company | |
| Grant Deed | $118,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co |
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 |
|---|---|---|---|
| Previous Owner | $227,950 | No Value Available | |
| Previous Owner | $78,700 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26112425
APN: 066-179-005
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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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