Coastal Retreat Backing Up to Cerrito Peak – Ocean Views & Prime Location!
Enjoy the best of Morro Bay living in this stunning tri-level home with 3 bedrooms and 3 full baths and 1-¾ bathrooms, perfectly situated in the coveted Morro Heights neighborhood. This unique property backs up to scenic Cerrito Peak, offering a rare blend of privacy, nature, and spectacular ocean views.
Inside, you'll find a spacious living room and comfortable family room, both with access to a large entertainer’s patio—ideal for soaking in sunsets or hosting guests. The kitchen features granite countertops, while wood and ceramic tile flooring runs throughout the home.
Two of the bathrooms include oversized Jacuzzi tubs, and the home is enhanced by ceiling fans and abundant lighting, both indoors and out. Just a short walk to the Embarcadero and downtown Morro Bay, this home delivers coastal living at its finest, with nature as your backyard and the ocean as your view.
Possibly lock off top floor which has a separate entry for separate guest quarters or rent. Additionally, the owner live in lower 2 levels which includes the family room, kitchen, living room, full bath and large patio on 2nd level and ground floor master suite, 1 full bathroom and also a 3/4 bath and laundry area.
Sold for $1,624,000
Listing Provided by: Horizon Realty & Property Mgt
Bought with: Horizon Realty & Property Mgt
$1,624,000
430 Olive St, Morro Bay, CA 93442
3beds
2,400sqft
Single Family Residence
Built in 1956
8,948 Square Feet Lot
$1,649,900 Zestimate®
$677/sqft
$5,012 Estimated rent
Home value
$1,649,900
$1.52M - $1.80M
$5,012/mo
Zestimate® history
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$10,249/mo
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List your homeWhat's special
Ocean viewsOcean as your viewNature as your backyardGround floor master suiteLarge patioComfortable family roomGranite countertops
Zillow last checked:
Listing updated:
Listing Provided by:
Lorraine Sterkel DRE #00648760 805-440-6853,
Horizon Realty & Property Mgt
Bought with:
Lorraine Sterkel, DRE #00648760
Horizon Realty & Property Mgt
Source: CRMLS,MLS#: SC25107871
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Bathroom
- Features: Bathtub, Dual Sinks, Enclosed Toilet, Full Bath on Main Level, Granite Counters, Jetted Tub, Low Flow Plumbing Fixtures, Remodeled, Separate Shower, Tub Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Remodeled, Self-closing Cabinet Doors, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Ductless, Electric
Cooling
- Ductless, Electric
Appliances
- Included: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Balcony, Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Track Lighting, Bar, Walk-In Closet(s)
- Flooring: Carpet, Stone, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Concrete, Door-Multi, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Garage Door Opener, Paved
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 2 nd level
- Patio & porch: Concrete, Open, Patio
- Pool features: None
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Coastline, Ocean, Panoramic
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 8,948 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 066222074
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
Condition
- Building Permit,Updated/Remodeled
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer, Sewer Assessment(s)
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Gutter(s), Suburban
Location
- Region: Morro Bay
- Subdivision: Morro Heights (810)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $1,624,000$677/sqft |
Source:  CRMLS #SC25107871 Report a problem | ||
| 1/1/2026 | Pending sale | $1,624,000$677/sqft |
Source: CRMLS #SC25107871 Report a problem | ||
| 12/9/2025 | Contingent | $1,624,000$677/sqft |
Source: CRMLS #SC25107871 Report a problem | ||
| 9/2/2025 | Price change | $1,624,000-12.2%$677/sqft |
Source: CRMLS #SC25107871 Report a problem | ||
| 8/2/2025 | Price change | $1,849,000-2.6%$770/sqft |
Source: CRMLS #SC25107871 Report a problem | ||
| 6/24/2025 | Price change | $1,899,000-12.4%$791/sqft |
Source: CRMLS #SC25107871 Report a problem | ||
| 5/15/2025 | Listed for sale | $2,169,000$904/sqft |
Source: CRMLS #SC25107871 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,881 +51.5% | $352,099 +51.9% |
| 2024 | $2,562 +1.5% | $231,838 +1.7% |
| 2023 | $2,523 +6.4% | $227,954 +1.7% |
| 2022 | $2,372 +5.2% | $224,146 +5.6% |
| 2021 | $2,254 +0.9% | $212,213 +0.9% |
| 2020 | $2,234 +0.8% | $210,300 +1.8% |
| 2019 | $2,216 +1.7% | $206,677 +1.7% |
| 2018 | $2,178 +16.6% | $203,126 +16.6% |
| 2017 | $1,867 +2% | $174,144 +2% |
| 2016 | $1,831 | $170,730 +1.5% |
| 2015 | $1,831 +10.6% | $168,166 +2% |
| 2014 | $1,655 | $164,873 +2.5% |
| 2012 | -- | $160,912 |
Find assessor info on the county website
Neighborhood: 93442
Nearby schools
GreatSchools rating
- 6/10Del Mar Elementary SchoolGrades: K-5Distance: 2.6 mi
- 8/10Los Osos Middle SchoolGrades: 6-8Distance: 2.9 mi
- 8/10Morro Bay High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- High: Morro Bay
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- San Luis Obispo County
- Morro Bay
- 93442
- 430 Olive St
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