Courtesy of Coast Realty, Christopher Bath 805-801-0268
Property Description
A Legacy Central California Coastal Property. Rare opportunity for investors, developers, or boutique builders to secure over half an acre (.54 acres / 23,632 sq. ft.) in the heart of Morro Bay with prime build-out potential. Two separate lots, next to a City Park plus the option of acquiring an adjacent abandoned city street, create room for an expanded development footprint. The 1930s residence offers 3,242 sq. ft. across two units, each with separate electric and gas meters. The main home includes 2 bedrooms and 2 baths with sweeping views of the bay and Morro Rock, while the secondary unit enjoys south-facing vistas across the park and waterfront. Known locally as The Red House, the property is crowned by the storied crows nest, one of Morro Bays most recognizable architectural features. Whether redeveloped or preserved as a private estate, this is a once-in-a-lifetime opportunity blending history, views, and exceptional potential on Californias Central Coast.
Open House
Property Details and Features
-
Roof
- “Shingle”
- “Composition”
-
Bathrooms
- 3 total bathrooms
- 3 full bathrooms
-
Bedrooms
- 3 total bedrooms
- 3 possible bedrooms
-
Building
- Built in 1930
- Building area total: 3242
- 2 stories
- 2 stories total
- Living area: 3242
- Living area units: Sqft
- Building area units: Sqft
- Entry level: 1
- “Ranch”
- “No Common Walls”
- “Wood”
- “2 Story”
-
Cooling
- “N/K”
-
Fence
- “N/K”
-
Fireplaces
- “FP in Living Room”
-
Garage
- 2 spaces
-
Water Features
- Water source: “Public”
-
Heating
- “Wall/Gravity”
-
Listing
- Listing ID: SC25218818
- List price: $2,750,000
- 60 days on market
- Listing contract date: 2025-09-03
- “Cash To New Loan”
-
Location
- Subdivision: Embarcadero(750)
-
Lot
- 23,632 size sqft
- Size area: 0.5425
- Size units: Acres
-
Parking
- Total: 2
- “Garage”
-
Pool
- “N/K”
-
Property
- Property subtype: Detached
- Property type: Residential
- “Back Bay”
- “Other/Remarks”
-
Sewer
- “Public Sewer”
