luxury houses with terrace for sale Morro Bay, United States

It’s hard to get much closer to Cal Poly than this. Located directly adjacent to campus, this approximately 3,200 square foot custom home offers an incredible combination of space, flexibility, parking, and location in the heart of San Luis Obispo. Owned by the original owners since it was built, the home features soaring ceilings, an abundance of natural light, hardwood floors, a fireplace, and a layout that opens to multiple decks and outdoor living areas. Surrounded by mature trees, the property feels surprisingly private given its proximity to campus. Enjoy views of Bishop Peak and Madonna Mountain from the upper deck, while a year-round creek winds through the backyard below, creating a peaceful setting that feels worlds away from its convenient in-town location. The floor plan includes three bedrooms plus a large lower-level fourth bedroom or bonus space with its own kitchenette, full bathroom, and separate exterior access. This flexible configuration opens the door to a variety of uses, including multigenerational living, guest quarters, a private home office, or additional living space. The location and layout also make this an especially compelling investment opportunity. With Cal Poly just steps away, the home is ideally positioned for student housing or those wanting immediate access to campus. A two-car garage plus on-street residential parking permits add significant convenience in an area where parking is at a premium. With a versatile floor plan, creekside setting, mountain views, multiple outdoor living spaces, and an unbeatable location next to Cal Poly, this is a property with tremendous potential. Move in and enjoy it as it is, update it over time, or reimagine the spaces to fit your needs.

Set on 13.9± acres in the acclaimed Templeton Gap AVA, this exceptional gated estate offers a rare combination of luxury living, premier equestrian amenities, and a picturesque park-like setting with end-of-road privacy. Surrounded by mature oak, bay, and sycamore trees, the property has been thoughtfully developed to create a private retreat where comfort, recreation, and functionality come together. The beautifully remodeled main residence features 3 bedrooms and 2.5 bathrooms, showcasing refined finishes, vaulted tongue-and-groove ceilings, custom stonework, and thoughtfully designed indoor and outdoor living spaces. The chef's kitchen is appointed with quartz countertops, marble accents, and custom cabinetry, while the primary suite offers a spa-inspired retreat. Outdoor entertaining is a centerpiece of the property, with a covered patio, outdoor kitchen, built-in gas grill, Santa Maria-style barbecue, entertainment bar, and gas fire pit overlooking the beautifully landscaped grounds. Complementing the main residence is a detached one-bedroom, one and a half bath guest house complete with its own kitchen, covered porches, and two-car garage, providing ideal accommodations for guests, extended family, or caretaker use. An additional 1,800± sq. ft. shop and flex building offers workshop space, finished interior living area, full bathroom, radiant heat, and mezzanine storage, creating endless possibilities for recreation, fitness, hobbies, or business use. Equestrian improvements are extensive and thoughtfully designed, highlighted by a 5,000± sq. ft. MD Barnmaster barn with premium stalls, tack room, office, wash rack, and exterior runs. The grounds include irrigated pastures, multiple turnout areas, oil-pipe fencing, a full-size roping arena, round pen, hay storage, and additional support facilities, creating an exceptional setup for horse enthusiasts. Further enhancing the property are a residential well with advanced UV and ozone treatment, a separate agricultural well for irrigation, solar power servicing the residences, three Tesla Powerwall batteries, and quality construction throughout. Offering privacy, versatility, and a remarkable collection of improvements, this is a rare opportunity to own a turnkey Central Coast estate in one of Templeton's most desirable locations.

Located in the heart of the Paso Robles Wine Trail within the highly sought-after Paso Robles Willow Creek District AVA, this exceptional 20± acre offering presents a rare opportunity to own a legacy property with both history and income-producing potential. Set atop the rolling landscape, the Italian Villa-style main residence enjoys a commanding southwest-facing position overlooking expansive, plantable soils ideal for vineyard development. Built in 2007, the primary residence offers approximately 3,200± square feet with 4 bedrooms and 4 bathrooms, thoughtfully designed with an open layout, well-appointed kitchen, and multiple indoor and outdoor living spaces that capture the surrounding vineyard and hillside views. The property is currently a county-registered vacation rental with a strong and established income history, offering immediate usability for a buyer seeking both lifestyle and investment. Below the main residence, the original homestead, built in 1925, provides a second dwelling with 3 bedrooms and 2 bathrooms, rich in character and history. Surrounding improvements include a large shop/garage, orchards, and a chicken house and garden area, creating a setting well-suited for a homesteader or those seeking a self-sustaining lifestyle rooted in the land. Positioned along Vineyard Drive on the premier Westside 46 corridor, the property offers a uniquely private setting nestled among renowned vineyards, including Denner and Jada. The combination of elevated homesite, usable acreage, and existing infrastructure provides versatility for vineyard development, multi-generational living, or continued income use. With proximity to world-class wineries and just a short drive to downtown Paso Robles, this offering embodies the essence of Central Coast living—where heritage, land stewardship, and long-term value converge.

Welcome to coastal living in the desirable Villas Antigua community. This 4-bedroom, 3-bath end-unit residence offers beautiful ocean views, an open and welcoming feel, and greenbelt space along one side for added privacy. Decks off both the main living level and premier suite level provide inviting spaces to relax and enjoy the coastal setting. The upper spacious premier suite features a sunken area ideal for a private retreat, lounge, or home office. An additional bonus room offers flexibility for a den, workout room, study, or hobby space. Select updates throughout, a two-car garage, driveway parking, and convenient guest parking nearby add to the home's appeal. Nearby scenic trails offer ocean-view hiking, while beaches, downtown Pismo Beach, dining, shopping, and Central Coast recreation are just minutes away.

Rebuilt to perfection with exceptional craftsmanship and a relaxed Hawaiian-inspired aesthetic, this stunning 2-bedroom, 2-bath coastal retreat is ideally situated on one of the most desirable streets in Shell Beach. Designed for effortless single-level living, the home features soaring ceilings, beautiful Ipe wood flooring, a metal roof, multi-zoned heating and cooling, and an open great-room design that embraces seamless indoor and outdoor living. A dramatic wall of expansive glass opens the great room to a covered outdoor living area with a fireplace, creating an incredible space for entertaining or simply relaxing in the coastal air. The chef’s kitchen is beautifully appointed with high-end appliances, including a Viking 6-burner range and hood, double-drawer Fisher & Paykel dishwasher, and built-in refrigerator. Ipe decking wraps around three sides of the home, while both bedrooms feature sliding glass doors opening directly to the outdoors, enhancing the home’s serene, retreat-like feel. Beautifully designed landscaping and landscape lighting create inviting outdoor spaces day and night. Sand-filled fire pit areas in both the front and back yards bring a touch of the beach home, offering multiple settings to gather, entertain, or unwind. Thoughtfully rebuilt with permitted improvements and exceptional attention to detail, this is truly a move-in and enjoy property. With the ocean just moments away and nearby parks, shops, and restaurants within easy reach, this special home captures the essence of Shell Beach living...relaxed, refined, and effortlessly connected to the outdoors.

Experience refined Central Coast living in this stunning 4,146± sq. ft. Spanish Colonial estate, perfectly positioned on a private 3± acre parcel within the exclusive gates of Santa Ysabel Ranch. Enjoy sweeping 180° views of vineyards and mountains from nearly every room. This 4-bedroom, 3.5-bath home welcomes you through a grand rotunda entry with soaring ceilings, custom lighting, and travertine flooring throughout. The formal living and dining rooms feature tall Anderson windows framing breathtaking vistas and a cozy gas fireplace. The gourmet kitchen is equipped with GE Monogram stainless appliances, including a six-burner range, double ovens, wine fridge, and granite countertops with maple cabinetry. The adjoining family room and casual dining area create an inviting space for entertaining with seamless indoor-outdoor flow. The spacious primary suite offers privacy, dual walk-in closets, and a luxurious bath with soaking tub and large shower. Additional bedrooms and a flexible office space capture beautiful hillside and sunset views. Outdoor living shines with expansive flagstone patios, multiple sitting areas, and lush landscaping surrounded by heritage oaks - perfect for dining, relaxing, or entertaining under the stars. Additional features include an epoxy-finished 3-car garage with custom cabinetry, Culligan water system, ADT security, and custom lighting throughout. Santa Ysabel Ranch offers 24/7 gated security, walking trails, tennis courts, and a serene lake setting - an unparalleled blend of luxury, privacy, and natural beauty.

Trade the stress of the city for the ultimate Central Coast lifestyle. Situated in Paso Robles’ highly coveted Willow Creek District AVA, this spectacular 23-acre rolling vineyard estate offers the perfect blend of luxury country living, passive income, and prestigious vineyard ownership. The state-of-the-art vineyard is planted in Cabernet Sauvignon, Carignan, Cinsault, Grenache, Heirloom Blend, Zinfandel, Cabernet Franc, and Syrah. Stop postponing your life and cash in your golden ticket. The Main Residence & Outdoor Oasis: The primary home is a bucolic yet modern 1,506 sq. ft. retreat featuring 3 bedrooms and 2 bathrooms. Cozy up by the wood-burning stove or step outside to an expansive covered porch designed for effortless entertaining. The outdoor kitchen and BBQ area overlook commanding 360-degree views. Just a few of the world-renowned neighbors include Daou, Law and Epoch's Paderewski Vineyard. Inside, the chef’s kitchen boasts premium GE appliances, double ovens, and quartz countertops. Thanks to pristine dark skies with zero light pollution, stargazing here reveals the entire cosmos. The meticulously updated 1920s second home is a separate, original 1920s home that has been beautifully modernized and serves as a solid source of steady rental income. Highlighting the property’s stability, this home has been continuously leased to the same family for over 16 years. Turnkey Passive Income Stream. Maximize your return on investment by pairing the steady long-term lease of the second home with the high-margin vacation rental history of the main residence. Flexible Lifestyle Options: The main home’s established short-term rental stream allows you to easily block out dates for personal use whenever you want to escape the city and chill. Located literally minutes from vibrant downtown Paso Robles, this estate represents a rare opportunity to own a piece of California's premier wine country while letting your investment work for you. Pour a glass of West Side Cabernet, listen to the silence, and step out of the fast lane.

Extraordinary coastal living unfolds along one of Cambria’s most desirable streets, where sweeping white-water views and the rhythm of the Pacific define the experience of this thoughtfully designed residence. Encompassing approximately 2,961± square feet, the home offers 4 bedrooms and 4.5 baths, each space carefully composed to balance comfort, privacy, and refined coastal style. The interiors are anchored by an expansive great room where living, dining, and kitchen areas come together seamlessly, framed by wide windows that draw in natural light and capture the dramatic coastline beyond. At the center of the home, the kitchen is both functional and artful, featuring a striking solid glass island custom-designed and signed by a world-renowned artist, complemented by high-gloss cabinetry and premium appliances, including an Italian gas range and built-in convection oven and microwave. Throughout the home, porcelain tile flooring with hand-crafted stone inlays, dramatic lighting, and a lodge-style gas fireplace create a warm yet sophisticated atmosphere. A defining feature of the residence is the seamless transition to outdoor living, where La Cantina folding glass doors open fully to an ocean-view lanai. Here, a built-in gas fire pit becomes the focal point for evenings spent overlooking the coastline, with sunsets and ocean breezes providing a constantly changing backdrop. The primary suite offers a quiet retreat, complete with a private balcony accessed through mahogany French doors, where elevated views of the ocean create a sense of calm and privacy. The spa-inspired bath is finished with a tiled shower and freestanding soaking tub, reflecting the same attention to detail found throughout the home. Additional features include mahogany interior doors with polished chrome accents, designer bath finishes, expansive wall space for art, an outdoor shower, and a two-car garage. Located just moments from the scenic trails of the Fiscalini Ranch Preserve, the property offers convenient access to one of the Central Coast’s most treasured natural landscapes. A distinctive coastal residence where thoughtful design, exceptional craftsmanship, and Cambria’s dramatic setting come together in a truly refined coastal retreat.

Set along Cambria’s spectacular coastline within walking distance of Fiscalini Ranch Preserve, 2375 Sherwood Drive offers striking architecture and sweeping ocean views in both directions. From the understated, newly painted exterior, the home opens dramatically toward the Pacific, revealing expansive glass and unforgettable views. Completely remodeled with a new kitchen, bathrooms, windows, radiant-heated hardwood floors, fixtures, landscaping, and custom cabinetry, the 2,684 sq ft residence feels fresh and thoughtfully designed throughout. The interior features soaring open-beam ceilings, skylights, floating stairs, and distinctive architectural angles designed to maximize the ocean views. The main living level includes a dining area with a dry bar and wine refrigerator, a spacious living area with a gas fireplace, a beautiful chef’s kitchen, and a bedroom with an adjacent full bathroom. Upstairs are two ocean-view bedrooms, two full baths, and an office. Outdoor spaces include a wind-protected courtyard, a rooftop deck, and a beautifully landscaped paver patio at the water’s edge, ideal for watching sunsets, migrating whales, and waves rolling along the coastline. Set on a 5,500 sq ft lot, 1-car garage and carport, this retreat offers an extraordinary oceanfront lifestyle.

A rare oceanfront architectural treasure on coveted Sherwood Drive. A student of Frank Loyd Wright, this Warren Leopold-designed residence captures the essence of Cambria coastal living. Set on a seawall-protected bluff with sweeping 180+ panoramic ocean views, the home offers unforgettable vistas of tide pools, sunsets, otters, dolphins, whales, and seabirds. Dramatic geometry, exposed aggregate concrete, redwood beam details, stained glass accents, skylights, and expansive dual-pane windows create a home filled with light, color, and character. The open kitchen, dining, and living areas are oriented toward the sea, offering an ideal setting for everyday living or entertaining. A protected courtyard and view decks enhance the indoor-outdoor experience. All three bedrooms enjoy ocean views and ensuite baths, including a dramatic upper-level primary suite reached by a stained-glass-lined turret. A spacious family/media room, private guest access, and flexible living spaces add comfort and versatility. Moments from Fiscalini Ranch Preserve, Lampton Cliffs, Moonstone Beach, and Cambrias charming village, this is more than a home, it is a one-of-a-kind coastal art piece. Seller is open to seller financing or other creative terms. Seller looking to sell between $3.5M and $3.9M