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Sold for $2,400,000
  • Listed by: BHGRE HAVEN PROPERTIES • Monica King • Contact: 805-592-2050
    Bought with: Compass
    $2,400,000

    530 Morro Ave, Morro Bay, CA 93442

    4beds
    3,888sqft
    Single Family Residence
    Built in 2023
    8,738 Square Feet Lot
    $2,724,200 Zestimate®
    $617/sqft
    $6,798 Estimated rent

    Home value

    $2,724,200

    $2.45M - $3.02M

    $6,798/mo

    Zestimate® history
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    What's special

    Introducing a once in a lifetime opportunity to purchase a nearly complete coastal retreat and bring your vision to life with your own custom finishes after the sale. No detail was spared in the design and build of this extraordinary home with framing, plumbing, electrical, HVAC, drywall, window, doors, roof-mounted solar, siding, and decking all in place. The interior finishes and landscaping are left to your imagination and allow you to design and customize the finishing touches of the build to your own liking! This remarkable property offers an approx 3,888 square foot Contemporary residence featuring: a 3,252 square foot main home with 3 bedrooms, 3.5 baths, and an attached approx 636 square foot ADU with kitchen, 1 bedroom, and 1 bath. The home is situated on a large 8,700+ square foot R-3 lot in an ultra prime Morro Bay location. Breathtaking views of the Rock and bay are captured through expansive windows and walls of glass. Over 1,150 square feet of state-of-the-art decking further showcases unobstructed views providing a constant reminder of the beauty that surrounds you. The residence also includes a large bonus room that can be transformed into the ultimate gym or a spacious home office, catering to your every need. The home has been designed and built with the option for an elevator from the garage level to the 3rd level. Oversized 2 car garage and separate single car garage provides private parking for residents or guests in the ADU. RV hookups are included in the driveway. The lot zoning provides potential for additional units to be placed on the property if desired. All of this is located just steps from the Embarcadero, shopping, restaurants, kayaking and all that gorgeous Morro Bay has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica King DRE #01229478 805-550-0603,

    BHGRE HAVEN PROPERTIES,

    Kate Hendrickson DRE #01730943 805-801-1979,

    BHGRE HAVEN PROPERTIES

    Bought with:

    Sarah Weber, DRE #01077788

    Compass

    Caroline Weber, DRE #02146741

    Compass

    Source: CRMLS,MLS#: SC23188029MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bonus Room, Exercise Room, Foyer, Guest Quarters, Kitchen, Laundry, Primary Bedroom, Office, Other, Pantry, Retreat
    Primary bedroom
    • Features: Primary Suite
    Heating
    • Ductless, Electric, High Efficiency, See Remarks, Zoned
    Cooling
    • Ductless, Electric, High Efficiency, See Remarks, Zoned
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Entrance Foyer, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room, Raised Hearth, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,888 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Garage, Guest, RV Hook-Ups, On Street, See Remarks
    • Attached garage spaces: 3
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Level 2
    • Patio & porch: Deck, Wrap Around
    • Pool features: None
    • Has view: Yes
    • View description: Bay, Coastline, Panoramic, Rocks, Water
    • Has water view: Yes
    • Water view: Bay,Coastline,Water
    Lot
    • Size: 8,738 Square Feet
    • Features: No Landscaping
    Details
    • Additional structures: Guest House Attached
    • Parcel number: 066134016
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: See Remarks

    Community & HOA

    Community
    • Features: Urban
    • Subdivision: Embarcadero(750)
    Location
    • Region: Morro Bay

    Financial & listing details

    • Price per square foot: $617/sqft
    • Tax assessed value: $1,129,909
    • Annual tax amount: $12,454
    • Date on market: 10/10/2023
    • Cumulative days on market: 262 days
    • Listing terms: Cash,Owner Will Carry

    Price history

    DateEventPrice
    8/5/2024Sold$2,400,000$617/sqft
    Source: CRMLS #SC23188029 Report a problem
    6/29/2024Pending sale$2,400,000$617/sqft
    Source: CRMLS #SC23188029 Report a problem
    5/31/2024Price change$2,400,000-14.3%$617/sqft
    Source: CRMLS #SC23188029 Report a problem
    10/10/2023Listed for sale$2,800,000+865.5%$720/sqft
    Source: CRMLS #SC23188029 Report a problem
    4/2/2013Sold$290,000$75/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,454 +10.4%$1,129,909 +10.7%
    2024$11,281 +27.8%$1,020,807 +28%
    2023$8,827 +134.6%$797,443 +124.3%
    2022$3,762 +7.4%$355,513 +7.8%
    2021$3,505 +1%$329,915 +1%
    2020$3,469 +1%$326,533 +2%
    2019$3,433 +2%$320,131 +2%
    2018$3,365 +2%$313,854 +2%
    2017$3,299 +2%$307,700 +2%
    2016$3,235 $301,667 +1.5%
    2015$3,235 +10.6%$297,136 +2%
    2014$2,925 $291,316 +13.6%
    2012-- $256,395 +2%
    2011-- $251,368 +0.8%
    2010-- $249,490 -0.2%
    2009-- $250,083 +2%
    2008-- $245,180
    Find assessor info on the county website

    Neighborhood: 93442

    Nearby schools

    GreatSchools rating
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    $2,778,684