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California

Morro Bay Real Estate

36 homes for sale • Median $942,500

36Active Listings
$942,500Median Price
30Avg Days on Market
13Detached10Land8Mobile Home2Attached2Townhouse2Res Income 2-4 Units

Homes for Sale in Morro Bay

36 properties available

View all
2785 Hemlock Avenue

$829,900

2785 Hemlock Avenue

Morro Bay, CA

2bed2bath1,242sqft
444 Kings Avenue

$1,995,000

444 Kings Avenue

Morro Bay, CA

4bed3bath2,904sqft
731 Butte

$310,000

731 Butte

Morro Bay, CA

369 Dunbar

$749,900

369 Dunbar

Morro Bay, CA

2bed2bath1,128sqft
173 Sandpiper Lane

$915,000

173 Sandpiper Lane

Morro Bay, CA

3bed3bath1,584sqft
0 Atascadero

$3,900,000

0 Atascadero

Morro Bay, CA

313 San Gabriel

$475,000

313 San Gabriel

Morro Bay, CA

2bed2bath1,152sqft
670 Sequoia

$550,000

670 Sequoia

Morro Bay, CA

2900 Alder

$395,000

2900 Alder

Morro Bay, CA

679 Elena Street

$1,299,000

679 Elena Street

Morro Bay, CA

3bed2bath1,738sqft
245 Driftwood Street

$1,700,000

245 Driftwood Street

Morro Bay, CA

4bed3bath2,674sqft
1111 Main Street

$1,075,000

1111 Main Street

Morro Bay, CA

Advanced Search in Morro Bay

Showing 12 of 36 listings

About Morro Bay Real Estate

Morro Bay, California, is a captivating coastal city situated along the Central Coast, known for its stunning natural beauty and vibrant marine life. Originally a fishing village, Morro Bay has retained its small-town charm while evolving into a desirable residential area. The iconic Morro Rock, a volcanic plug rising 576 feet from the ocean, is not just a striking landmark but a symbol of the city's rich cultural heritage. The surrounding estuary and wetlands are home to diverse wildlife, making Morro Bay an ideal spot for nature lovers and outdoor enthusiasts alike. The city's history is deeply intertwined with the fishing industry, which still plays a vital role in its economy today, attracting both residents and visitors who appreciate fresh seafood and local dining experiences.

Morro Bay's character is defined by its friendly community vibe, where residents enjoy a laid-back lifestyle characterized by outdoor activities such as kayaking, bird watching, and hiking along the picturesque coastal trails. The local farmer's market and various community events, such as the annual Morro Bay Harbor Festival, foster a close-knit atmosphere among residents. The city's unique blend of scenic landscapes, rich history, and thriving local arts scene make it an appealing destination for those seeking a tranquil yet engaging living environment. Whether you are drawn to the breathtaking sunsets over the bay or the charming waterfront shops, Morro Bay offers a lifestyle that is both relaxing and invigorating.

For buyers, Morro Bay stands out as an attractive option, offering a mix of residential properties that cater to different preferences and budgets. With an active real estate market featuring a variety of listings, from detached homes to land and mobile homes, potential homeowners can find their perfect sanctuary amidst the coastal beauty. Families, retirees, and investors alike will find Morro Bay a place that not only meets their real estate needs but also enriches their quality of life in one of California's most picturesque settings.

20 active listings with a median price of $1,112,500.

Lifestyle & Community

Living in Morro Bay is a blend of coastal tranquility and vibrant community engagement. Residents enjoy an active lifestyle with ample opportunities for outdoor activities, such as surfing, fishing, and hiking in nearby Morro Bay State Park. The community is known for its friendly atmosphere, where neighbors often gather at local events like the Morro Bay Community Art Show and the annual Winter Festival. The scenic waterfront, dotted with charming shops and eateries, creates a vibrant social scene, making it easy for residents to connect with one another. The overall vibe is relaxed yet lively, making Morro Bay a welcoming place to call home.

Local Amenities

  • Morro Bay State Park
  • Public beaches and access points
  • Local farmers market
  • Morro Bay Estuary
  • Marina and boating facilities
  • Dining options featuring fresh seafood
  • Walking and biking trails
  • Art galleries and studios
  • Golf courses nearby
  • Local shops and boutiques
  • Year-round community events
  • Nearby wineries and tasting rooms

Points of Interest

  • Morro Rock
  • Morro Bay State Park
  • The Allen D. H. Morrow Museum
  • Morro Bay Aquarium
  • The Embarcadero waterfront
  • Cerro Cabrillo National Monument
  • Morro Bay Golf Course
  • The Morro Bay Harbor
  • Birdwatching spots at the estuary
  • Kayaking tours around the bay

Market Overview

The current real estate market in Morro Bay features 20 active listings with a median listing price of $1,112,500. Properties are averaging 105 days on the market, suggesting a balanced market for buyers and sellers. The mix of available properties, including detached homes, land, and mobile homes, caters to diverse buyer needs. As the area continues to attract interest, prospective buyers should expect a competitive yet rewarding market as Morro Bay maintains its appeal as a desirable coastal community.

Investment Outlook

Morro Bay presents promising investment opportunities, particularly in the rental market, bolstered by its appeal as a tourist destination. With a blend of single-family homes and multi-unit residences, investors can capitalize on rental income, especially during peak tourist seasons. Development trends indicate growth potential, particularly in mixed-use spaces that cater to both locals and visitors, making Morro Bay a strategic location for savvy investors looking to diversify their portfolios.

Ideal For

Morro Bay is ideal for first-time buyers seeking a serene coastal lifestyle, families looking for a community-oriented environment, retirees wanting to enjoy the natural beauty, and investors interested in rental opportunities. The city’s unique charm and active lifestyle appeal to a wide range of buyers, making it an attractive option for various demographics.

Browse by Property Type

Detached Homes(13)Townhouses(2)Land(10)Detached Homes Under $500KDetached Homes Under $750KDetached Homes Under $1M
View Morro Bay Market Report →

Nearby Cities

Cambria

Frequently Asked Questions About Morro Bay

There are currently 36 active residential listings in Morro Bay. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from the MLS.

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Avezta Realty International Corp.

Avezta Realty International Corp.

Carlos Escaba | CA DRE#02084659

100-5330 Carroll Canyon Rd., San Diego, CA 92121

Based on information from California Regional Multiple Listing Service (CRMLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been verified. Properties may or may not be listed by the office/agent presenting the information.

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