485 Morro Avenue

Property Overview
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 possibilities. Potential for 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 crow’s nest, one of Morro Bay’s 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 California’s Central Coast.
Home Details
- Property type
- Residential - SingleFamilyResidence
- Year built
- 1930
- Living area
- 3,242 sq ft
- Lot size
- 23,632 sq ft
- Parking
- 2 spaces
- Garage
- 2 spaces
- Stories
- 2.0
- Days on market
- 136
- MLS status
- Active
- Architectural style
- Ranch
Features & Amenities
Interior
- Multiple Primary Suites
Parking
- Carport
- Garage
- Rv Access Parking
- See Remarks
Pool
- None
Lot
- Corner Lot
Community, Schools & Utilities
Community
- Subdivision
- Embarcadero(750)
- View
- Yes
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
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“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

