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2500 Main, Morro Bay, CA 93442

$2.5M6bd · 6ba · 2,739 sqft
Lot 4,792 sqft•Single Family Residence•
Active
•38d on market•MLS# SC-26193714

Property Description

This rare property features two modern Craftsman-style standalone homes in the heart of North Morro Bay to be purchased together. Beautifully upgraded throughout with fine attention to detail, each home boasts thoughtful living spaces within two stories that showcase the ocean, Morro Rock, and neighborhood hillside views. In each, you'll find 3 bedrooms and 2.5 baths with a stunning primary suite on the upper floor with walk-in closets and double vanities. Additional bedrooms are located downstairs, sharing a separate hallway bathroom. Features include contemporary gas fireplace stoves, modern kitchen appliances, tall ceilings, rich hardwood floors, smart lighting, water softener hookups, and indoor laundry. You'll enjoy low-maintenance landscaping with small, fenced yards and upper patios to expand outdoor living space. Each homes offers an attached two-car garage and one shared community parking space in the common driveway, with additional street parking nearby. While the homes were built together, they also offer their own unique charms and character along with bright neighboring units. Purchasing two single-family homes on one lot (single APN) offers exceptional flexibility and value, with multiple living spaces for extended family, guests, rental income, or a live-in investment strategy. This unique configuration maximizes the potential of the property while creating opportunities for both immediate enjoyment and long-term investment growth. Located near Morro Bay’s stunning beaches, shops, restaurants, and convenient Highway 1 access. This turnkey coastal retreat blends modern comfort, thoughtful upgrades, and effortless coastal living.

Features & Amenities

FeeBuilt 2016

Property Details

Land Type
Fee
Year Built
2016
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
None
View
Ocean, Rocks
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byCentral Coast Real Estate, Catherine Stone

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,641.36
Principal & Interest
Loan Amount
$2,000,000
Total Interest
$2,550,890
Total Payment Over 30 Years
$4,550,890
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

Luxury Tier · 5 active · 5 closed

2500 Main, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$2.5M
Luxury Tier
Beds
6
Baths
6
Sqft
2,739
Lot
4,792 sqft
Year
2016
$/Sqft
$913
Pool: No✓
View: Ocean, Rocks✓
Garage: 4-car✓

Listed 61.3% above the median closed sale of $1,550,000. Price per sqft ($913) is a 63% premium to closed comps ($559). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.50M· $913/sqft
Total list price
Closed comps
vs closed median $1.55M
+$950K (+61.3%)
Active comps
vs active median $1.45M
+$1.05M (+72.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $589
+$324 (+55.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
245 Driftwood StreetMorro Bay2007432,6744,519$636$1.70M49477
409 Tulare AvenueMorro Bay1952322,1325,000$680$1.45M3769
482 Yerba Buena StreetMorro Bay2005632,2292,400$403$899,00017166
2630 Maple AvenueMorro Bay1988332,0244,000$608$1.23M6664
285 BradleyMorro Bay1965543,5529,874$619$2.20M9044
Total: 5 · Average4.23.02,522.25,158.6$589.2$1.50M171.6
Median2,229$1.45M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
487 EsteroMorro Bay198007/07/2026642,7006,000$1.50M$1.47M$5460.983480
444 Kings AvenueMorro Bay199205/07/2026432,9045,000$1.90M$1.77M$6110.947078
436 MorroMorro Bay200407/17/2026332,8754,413$1.90M$1.80M$6260.9512476
2740 IronwoodMorro Bay197109/21/2026432,8165,760$1.40M$1.34M$4750.966873
331 FresnoMorro Bay196608/26/2026442,8806,100$1.80M$1.55M$5380.868472
Total: 5 · Average4.23.42,8355,454.6$1.59M$1.59M$559.2—76
Median2,875$1.55M$1.55M

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.