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182 Luzon Street, Morro Bay, CA 93442

$1.20M3bd · 2ba · 1,489 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•95d on market•MLS# SC-26146161

Property Description

Search the Web... And you won't find a finer home than this historic 1965 single level Beauty in a Morro Bay neighborhood you dreamed of, The Beach Tract, with quiet tree-lined and curbed streets, well-kept homes and yards. The beach lifestyle of this single level 3BR, 2 bath, 2-car garage home with fireplace, indoor laundry, laminated wood floors, drought tolerant landscaping, covered front and rear porches, RV parking situated on a 6,970 sq ft lot will relieve your stress. It's happiness for your family and pets, a move-in condition vacation or primary home at the Pacific Ocean, Life's a Beach! So why not live here at 182 Luzon? Don't be the second caller because it's priced to move fast!

Features & Amenities

FeeBuilt 1965

Property Details

Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Radiant, Baseboard
Cooling
None
View
Peek-A-Boo
Flooring
Vinyl, Carpet, Wood
Roof
Composition
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byFranklin Real Estate & Rentals, Matthew Franklin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,057.74
Principal & Interest
Loan Amount
$958,400
Total Interest
$1,222,386
Total Payment Over 30 Years
$2,180,786
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

182 Luzon Street, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$1.20M
Affordable Tier
Beds
3
Baths
2
Sqft
1,489
Lot
6,970 sqft
Year
1965
$/Sqft
$805
Pool: No✓
View: Peek-A-Boo✓
Garage: 2-car✓

Listed 26.1% above the median closed sale of $950,000. Price per sqft ($805) is a 19% premium to closed comps ($676). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.20M· $805/sqft
Total list price
Closed comps
vs closed median $950K
+$248K (+26.1%)
Active comps
vs active median $885K
+$313K (+35.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $694
+$111 (+15.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
912 Pacific StreetMorro Bay1957321,3525,000$655$885,0007691
941 MarinaMorro Bay1966321,2435,000$683$849,000590
1378 BerwickMorro Bay1985321,4914,000$801$1.20M3889
2646 Koa AvenueMorro Bay1974331,4724,000$737$1.08M1589
2760 Elm AvenueMorro Bay1950221,4004,000$596$835,0002885
Total: 5 · Average2.82.21,391.64,400$694.4$969,80032.4
Median1,400$885,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
160 Terra StreetMorro Bay196709/28/2026321,6366,195$1.13M$1.38M$8401.222795
2700 FirMorro Bay195307/15/2026321,4883,560$985,000$940,000$6320.957191
2560 Koa AvenueMorro Bay198709/17/2026321,4284,000$1.20M$1.10M$7700.924488
2581 JuniperMorro Bay198805/12/2026321,4645,268$880,000$865,000$5910.9816087
431 Fresno AvenueMorro Bay197109/04/2026331,7406,250$975,000$950,000$5460.976587
Total: 5 · Average3.02.21,551.25,054.6$1.05M$1.05M$675.8—73.4
Median1,488$950,000$950,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.