Classic Morro Bay bungalow with built-in flexibility just minutes from the coast. The main home offers 2 bedrooms, 1 bathroom, and approximately 884± sq ft of living space, with a functional layout, natural light, and that original 1950s character throughout. Out back, a detached studio adds serious versatility—ideal for rental income, guests, extended family, or a private workspace. With its own setup and separation from the main home, it opens up multiple use options that are hard to find at this price point. Set on a roughly 3,500± sq ft lot, the property offers both front and backyard space, plus a patio area for outdoor living. Located in an established Morro Bay neighborhood with easy access to downtown, the Embarcadero, and local beaches. Opportunities like this don’t come around often in Morro Bay. If you’re looking for flexibility, strong income history, or just a smart long-term hold, this one is worth a look.
Sold for $888,000
Listed by: Comet Realty • Courtney Huckabay • Contact: 805-546-9925
Bought with: Comet Realty
$888,000
520 Bonita St, Morro Bay, CA 93442
2beds
884sqft
Single Family Residence
Built in 1955
3,554 Square Feet Lot
$890,500 Zestimate®
$1,005/sqft
$2,830 Estimated rent
Home value
$890,500
$828,000 - $962,000
$2,830/mo
Zestimate® history
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$2,830/mo
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$5,554/mo
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List your homeWhat's special
Functional layoutNatural lightFront and backyard space
Zillow last checked:
Listing updated:
Listed by:
Courtney Huckabay DRE #01844477 805-709-9077,
Comet Realty,
Mike Moss DRE #02182286 805-835-9327,
Comet Realty
Bought with:
Mike Gerson, DRE #02182867
Comet Realty
Source: CRMLS,MLS#: SC26077515
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower, Tile Counters
Kitchen
- Features: Tile Counters
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Freezer, Gas Cooktop, Gas Oven, Refrigerator, Range Hood, Dryer, Washer
Features
- Separate/Formal Dining Room, Tile Counters, Unfurnished, Bedroom on Main Level, Instant Hot Water, Main Level Primary
- Flooring: Laminate
- Windows: Custom Covering(s), Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 884 sqft
Property
Parking
- Parking features: Concrete, Driveway
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Concrete, Covered
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Size: 3,554 Square Feet
- Features: 0-1 Unit/Acre, Landscaped
Details
- Additional structures: Guest House, Two On A Lot
- Parcel number: 068262036
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities
Community & HOA
Community
- Features: Curbs, Dog Park, Street Lights
- Subdivision: North Morro Bay (820)
Location
- Region: Morro Bay
Financial & listing details
- Price per square foot: $1,005/sqft
- Tax assessed value: $553,119
- Annual tax amount: $6,097
- Date on market: 4/10/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Inclusions: All appliances and furnishings in ADU.
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Sold | $888,000+1%$1,005/sqft |
Source:  CRMLS #SC26077515 Report a problem | ||
| 5/31/2026 | Pending sale | $879,000$994/sqft |
Source: CRMLS #SC26077515 Report a problem | ||
| 4/21/2026 | Contingent | $879,000$994/sqft |
Source: CRMLS #SC26077515 Report a problem | ||
| 4/10/2026 | Listed for sale | $879,000+72%$994/sqft |
Source: CRMLS #SC26077515 Report a problem | ||
| 4/12/2025 | Listing removed | $3,100$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2025 | Price change | $3,100-3.1%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listed for rent | $3,200$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/15/2024 | Listed for rent | $3,200+6.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/18/2023 | Price change | $3,000+50%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2022 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/30/2020 | Sold | $511,000-1.5%$578/sqft |
Source:  CRMLS #PI20170108 Report a problem | ||
| 8/23/2020 | Pending sale | $519,000$587/sqft |
Source: Compass #PI20170108 Report a problem | ||
| 8/20/2020 | Listed for sale | $519,000$587/sqft |
Source: Compass #PI20170108 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,097 +1.7% | $553,119 +2% |
| 2024 | $5,993 +1.8% | $542,275 +2% |
| 2023 | $5,885 +6.7% | $531,644 +2% |
| 2022 | $5,516 +1.6% | $521,220 +2% |
| 2021 | $5,428 +1018.6% | $511,000 +1018.6% |
| 2020 | $485 +1% | $45,682 +2% |
| 2019 | $480 +2% | $44,788 +2% |
| 2018 | $471 +2% | $43,911 +2% |
| 2017 | $462 +2% | $43,051 +2% |
| 2016 | $453 | $42,208 +1.5% |
| 2015 | $453 +10.6% | $41,575 +2% |
| 2014 | $409 | $40,762 +2.5% |
| 2012 | -- | $39,784 +2% |
| 2011 | -- | $39,005 +0.8% |
| 2010 | -- | $38,714 -0.2% |
| 2009 | -- | $38,807 +2% |
| 2008 | -- | $38,047 +2% |
| 2007 | -- | $37,302 +2% |
| 2006 | -- | $36,572 +2% |
| 2005 | -- | $35,856 +2% |
| 2004 | -- | $35,153 +1.9% |
| 2003 | -- | $34,510 +2% |
| 2002 | -- | $33,834 +2% |
| 2001 | -- | $33,172 |
Find assessor info on the county website
Neighborhood: 93442
Nearby homes
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- $--1 bd1 ba-- sqft480 Bonita St APT 4, Morro Bay, CA 93442Off Market
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Nearby schools
GreatSchools rating
- 6/10Del Mar Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Los Osos Middle SchoolGrades: 6-8Distance: 4.7 mi
- 8/10Morro Bay High SchoolGrades: 9-12Distance: 0.4 mi
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- California
- San Luis Obispo County
- Morro Bay
- 93442
- 520 Bonita St
Nearby cities
Nearby zip codes
Other Morro Bay Topics
