Enjoy ocean views, Morro Rock, and the iconic Stacks from the sunny upper deck of this versatile Morro Bay property. This recently updated home features an upstairs 1-bedroom, 1-bath residence with a kitchen and views from the living area. The separate downstairs unit offers 1 bedroom, 1 bath, its own kitchen, private entrance, and patio. The downstairs kitchen features new granite countertops and a gas stove. Recent improvements throughout include new flooring, paint, windows, ceiling fans, and heating. Separate laundry area with a full bath conveniently located nearby. A charming detached artist studio/office adds versatility, along with fabulous yard space. Ideal for extended family, multigenerational living, or investment, with the potential to live in one residence and rent the other. A unique coastal property with ocean views, conveniently located near Spencer's, shops, and restaurants!
For sale
Listed by: Compass • Christine Rosenfeld • Contact: 650-270-9397
$779,000
540 Avalon St, Morro Bay, CA 93442
2beds
907sqft
Single Family Residence
Built in 1949
2,800 Square Feet Lot
$757,900 Zestimate®
$859/sqft
$-- HOA
What's special
- 3 days
- 651
- 26
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christine Rosenfeld DRE #01392788 650-270-9397,
Compass
Source: CRMLS,MLS#: SC26221065
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Other
Bathroom
- Features: Low Flow Plumbing Fixtures, Separate Shower
Heating
- Ductless, Wall Furnace
Cooling
- Ductless
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
- Laundry: Inside
Features
- Breakfast Bar
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 907 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway Level
Features
- Levels: Two
- Stories: 2
- Entry location: street/up
- Patio & porch: Deck, Patio
- Pool features: None
- Spa features: None
- Fencing: Good Condition
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Across the Road from Lake/Ocean
Lot
- Size: 2,800 Square Feet
- Features: Back Yard, Front Yard, Level, Street Level
Details
- Additional structures: Shed(s)
- Parcel number: 068264021
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- Termite Clearance
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Dog Park, Park
- Subdivision: North Morro Bay (820)
Location
- Region: Morro Bay
Financial & listing details
- Price per square foot: $859/sqft
- Tax assessed value: $738,684
- Date on market: 10/15/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,Cal Vet Loan,1031 Exchange
- Inclusions: Refrigerator(s), gas stove (s), dishwasher, microwave
Estimated market value
$757,900
$720,000 - $796,000
$3,297/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $779,000-0.1%$859/sqft |
Source:  CRMLS #SC26221065 Report a problem | ||
| 10/13/2026 | Listing removed | $779,900$860/sqft |
Source: Fresno MLS #654627 Report a problem | ||
| 9/1/2026 | Listed for sale | $779,900$860/sqft |
Source: Fresno MLS #654627 Report a problem | ||
| 8/23/2026 | Listing removed | $779,900$860/sqft |
Source: Fresno MLS #649335 Report a problem | ||
| 7/22/2026 | Listed for sale | $779,900$860/sqft |
Source: Fresno MLS #649335 Report a problem | ||
| 7/13/2026 | Pending sale | $779,900$860/sqft |
Source: Fresno MLS #649335 Report a problem | ||
| 6/10/2026 | Price change | $779,900-1.3%$860/sqft |
Source: Fresno MLS #649335 Report a problem | ||
| 5/22/2026 | Listed for sale | $789,900-1.3%$871/sqft |
Source: Fresno MLS #649335 Report a problem | ||
| 5/12/2026 | Listing removed | $799,900$882/sqft |
Source: Fresno MLS #647845 Report a problem | ||
| 4/28/2026 | Listed for sale | $799,900$882/sqft |
Source: Fresno MLS #647845 Report a problem | ||
| 4/28/2026 | Listing removed | $799,900$882/sqft |
Source: Fresno MLS #643669 Report a problem | ||
| 2/11/2026 | Listed for sale | $799,900-4.8%$882/sqft |
Source: Fresno MLS #643669 Report a problem | ||
| 3/5/2025 | Price change | $839,900-1.2%$926/sqft |
Source: CRMLS #FR25048671 Report a problem | ||
| 1/16/2025 | Price change | $849,900-1.2%$937/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 1/2/2025 | Price change | $859,900-1.1%$948/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 12/13/2024 | Price change | $869,900-1.1%$959/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 11/25/2024 | Price change | $879,900-2.2%$970/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 10/4/2024 | Listed for sale | $899,900+63.6%$992/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 6/21/2024 | Sold | $550,000+42.9%$606/sqft |
Source: Public Record Report a problem | ||
| 12/19/2003 | Sold | $385,000+83.3%$424/sqft |
Source: Public Record Report a problem | ||
| 7/21/2000 | Sold | $210,000+78%$232/sqft |
Source: Public Record Report a problem | ||
| 5/15/1995 | Sold | $118,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $738,684 +2% |
| 2025 | $7,982 +34.6% | $724,200 +35% |
| 2024 | $5,931 +1.8% | $536,639 +2% |
| 2023 | $5,823 +6.7% | $526,117 +2% |
| 2022 | $5,458 +1.6% | $515,802 +2% |
| 2021 | $5,372 +1% | $505,689 +1% |
| 2020 | $5,317 +1% | $500,505 +2% |
| 2019 | $5,261 +2% | $490,693 +2% |
| 2018 | $5,158 +2% | $481,073 +2% |
| 2017 | $5,057 +13.6% | $471,641 +13.6% |
| 2016 | $4,450 | $415,000 |
| 2015 | $4,450 +26.6% | $415,000 +18.6% |
| 2014 | $3,514 | $350,000 +22.8% |
| 2012 | -- | $285,000 -7.2% |
| 2011 | -- | $307,000 -12.3% |
| 2010 | -- | $350,000 |
| 2009 | -- | $350,000 -16% |
| 2008 | -- | $416,734 +2% |
| 2007 | -- | $408,564 +2% |
| 2006 | -- | $400,554 +2% |
| 2005 | -- | $392,700 +2% |
| 2004 | -- | $385,000 +76.2% |
| 2003 | -- | $218,484 +2% |
| 2002 | -- | $214,200 +2% |
| 2001 | -- | $210,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93442
Nearby schools
Schools provided by the listing agent
- Elementary: Del Mar
- Middle: Los Osos
- 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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