Isabel Gerardo
PB & Associates
(805) 219-7275
106 Total Sales
1 in Morro Bay
$1,300,000 Price
490 Morro Ave Unit 5 Morro Bay, CA 93442
Morro Bay Area
1
Bed
1
Bath
530
Sq Ft
531
Sq Ft Lot
Highlights
- Golf Course Community
- Bay View
- Across the Road from Lake or Ocean
- Fishing
- Primary Bedroom Suite
- Ocean Side of Highway 1
About This Home
As of July 2026Set 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.
Last Agent to Sell the Property
Home & Ranch Sotheby's Intl Brokerage Phone: 530 545-9561 License #01955407 Listed on: 05/28/2026
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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
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
- Water Sports
- Hiking Trails
- Bike Trail
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
Jan 22, 2025
Closed on
Jul 2, 2025
Sold by
Bought by
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Bob Bennett
Horizon Realty & Property Mgt
List Price
$515,000
Sold Price
$499,000
Premium/Discount to List
-$16,000
-3.11%
Views
187
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Purchase Details
Listed on
Sep 25, 2015
Closed on
Oct 20, 2015
Sold by
Bought by
Seller's Agent
Chris Bath
Coast Realty
Buyer's Agent
Nicolette Harley- Barth
The Harley Group
List Price
$319,000
Sold Price
$307,000
Premium/Discount to List
-$12,000
-3.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Purchase Details
Closed on
Aug 1, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 21, 2003
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
$227,950
Interest Rate
5.93%
Purchase Details
Closed on
Jun 2, 1998
Sold by
Bought by
Purchase Details
Closed on
May 9, 1996
Sold by
Bought by
Purchase Details
Closed on
Mar 18, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morro Bay, CA
-
Isabel Gerardo
-
Bernadette Corona
Bernadette Corona
RE/MAX Parkside Real Estate
(805) 464-3397
70 Total Sales
6 in Morro Bay
$227K - $950K Price Range
-
Leon Van Beurden
Leon Van Beurden
Bay Osos Brokers
(805) 505-7667
81 Total Sales
11 in Morro Bay
$480K - $1.2M Price Range
-
Michael Puhek
Michael Puhek
Re/Max Success
(805) 329-6189
106 Total Sales
4 in Morro Bay
$260K - $1.4M Price Range
-
Courtney Huckabay
Courtney Huckabay
Comet Realty
(805) 519-8092
61 Total Sales
5 in Morro Bay
$339K - $1.2M Price Range
-
Kristina Kidwell
Kristina Kidwell
San Luis Bay Realty
(833) 659-7908
28 Total Sales
3 in Morro Bay
$562K - $720K 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 | 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 |
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 |
|---|---|---|---|
| Previous Owner | $88,100 | Credit Line Revolving | |
| Previous Owner | $227,950 | No Value Available |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/13/2026 07/13/26 | Sold | $535,000 | -2.6% | $1,009 / Sq Ft | |
| 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 |
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 | $4,006 | $499,000 | $350,000 | $149,000 |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Chandler
Seller's Agent in 2026
Ian Chandler
Home & Ranch Sotheby's Intl
(530) 545-9561
43 Total Sales
-
Bill Maddox
Buyer's Agent in 2026
Bill Maddox
Farrell Smyth Real Estate
(805) 215-0729
35 Total Sales
-
Lorraine Sterkel
Seller's Agent in 2025
Lorraine Sterkel
Horizon Realty & Property Mgt
(805) 440-6853
28 Total Sales
-
Bob Bennett
Buyer's Agent in 2025
Bob Bennett
Horizon Realty & Property Mgt
(805) 202-6390
17 Total Sales
-
Chris Bath
Seller's Agent in 2015
Chris Bath
Coast Realty
(805) 801-0268
70 Total Sales
-
Nicolette Harley- Barth
Buyer's Agent in 2015
Nicolette Harley- Barth
The Harley Group
(805) 610-3586
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26112425
APN: 066-179-005
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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