2760 Elm Avenue, Morro Bay, CA 93442
2760 Elm Avenue, Morro Bay, CA 93442
Property Description
Discover the charm of coastal living in Morro Bay and start enjoying the coastal lifestyle in this wonderful family home or investment property with 2 large bedrooms, plus oversize guest quarters that is a rare find just a mile from the beach. Located in a quiet neighborhood it offers peaceful surroundings and an opportunity to enjoy the north Morro Bay lifestyle. This property also includes an attached studio, 1-bathroom ADU (not permitted) offering the opportunity of potential rental income. This home has an attached 2 car garage plus a carport and is on a street-to-street lot with a view of The Rock and a peak of the ocean. Whether you are looking for a full-time residence, weekend beach getaway or coastal retreat this property offers an incredible setting near the ocean.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Morro Bay · Single Family Residence
Listed 24.1% below the median closed sale of $1,100,000. Price per sqft ($596) is a 23% discount to closed comps ($777). Closed comps sold at 102% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 912 Pacific Street | Morro Bay | 1957 | 3 | 2 | 1,352 | 5,000 | $655 | $885,000 | 76 | 90 |
| 1851 Ironwood | Morro Bay | 2013 | 2 | 2 | 1,410 | 1,702 | $599 | $844,000 | 96 | 84 |
| 941 Marina | Morro Bay | 1966 | 3 | 2 | 1,243 | 5,000 | $683 | $849,000 | 5 | 83 |
| 1378 Berwick | Morro Bay | 1985 | 3 | 2 | 1,491 | 4,000 | $801 | $1.20M | 38 | 83 |
| 182 Luzon Street | Morro Bay | 1965 | 3 | 2 | 1,489 | 6,970 | $805 | $1.20M | 94 | 82 |
| Total: 5 · Average | 2.8 | 2.0 | 1,397 | 4,534.4 | $708.6 | $994,200 | 61.8 | |||
| Median | 1,410 | $885,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2620 Koa Ave. | Morro Bay | 1953 | 05/15/2026 | 2 | 2 | 1,505 | 4,268 | $1.20M | $1.16M | $767 | 0.97 | 45 | 94 |
| 2700 Fir | Morro Bay | 1953 | 07/15/2026 | 3 | 2 | 1,488 | 3,560 | $985,000 | $940,000 | $632 | 0.95 | 71 | 91 |
| 1107 Balboa St | Morro Bay | 1951 | 08/27/2026 | 3 | 2 | 1,177 | 5,000 | $1.20M | $1.30M | $1,105 | 1.08 | 28 | 86 |
| 540 Kern Avenue | Morro Bay | 1935 | 07/27/2026 | 3 | 2 | 1,438 | 5,000 | $960,000 | $950,000 | $661 | 0.99 | 79 | 85 |
| 670 Olive Street | Morro Bay | 1949 | 07/29/2026 | 3 | 2 | 1,524 | 5,663 | $995,000 | $1.10M | $722 | 1.11 | 26 | 84 |
| Total: 5 · Average | 2.8 | 2.0 | 1,426.4 | 4,698.2 | $1.09M | $1.09M | $777.4 | — | 49.8 | ||||
| Median | 1,488 | $1.10M | $1.10M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.