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luxury seaside property for sale Morro Bay, United States

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Seaside property Morro Bay (United States)

A distinctive opportunity for coastal living and investment, ideally situated just steps from the water and moments from Morro Bay’s vibrant Embarcadero and downtown. Captivating bay and ocean views bring the beauty and sounds of the waterfront to life, while inviting outdoor decks provide the perfect setting to relax and embrace the coastal lifestyle. Extensively renovated in 2019 and 2023, this versatile four-unit property seamlessly blends comfortable coastal living with established short-term rental accommodations and the potential for additional income. The property features a main-level, one-bedroom owner's residence with a full kitchen, living room, laundry room, storage, and bathroom. Upstairs, a second one-bedroom unit offers a full kitchen, living room, bathroom, sitting room (currently being used as a 2nd bedroom), and spectacular water views. Two additional upstairs studios each feature a kitchenette-style prep area and private bathroom. Three garages provide parking for up to five vehicles. Currently, the owners occupy one unit while operating the remaining three as short-term rentals, with an emphasis on providing a quiet, high-quality guest experience. The owner's residence presents an opportunity to generate additional rental income, offering flexibility for a future owner to enjoy the property as a personal coastal retreat, an income-producing investment, or a combination of both. Originally operated as a bed and breakfast, the property is situated within the C-VS (Visitor-Serving Commercial) and R-3 (Multifamily Residential) zoning districts. Short-term rental operations are permitted under applicable zoning provisions and are exempt from the City's residential short-term rental cap and waitlist, subject to City requirements. Upon acquisition, new owners must obtain their own City of Morro Bay business license and Transient Occupancy Tax (TOT) Certificate. The property is served by a single utility account, with one meter each for water, electricity, and gas. Buyers are advised to independently verify zoning, permitted uses, licensing requirements, and all regulations governing future rental operations with the City of Morro Bay.

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$2,290,000
4bedrooms
4bathrooms
land 0.1ha

By Central Coast Sotheby's International Realty

1 listing near Morro Bay

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Seaside property with pool and garden San Luis Obispo (United States)

Set on approximately 4.5 acres in the heart of Edna Valley, this exceptional Italian-inspired estate represents a rare offering of scale, craftsmanship, and setting. Designed by architect Stan Canby and built by Cantrell Construction, the residence reflects a timeless approach to California living, with thoughtful design and high-quality materials throughout. The main residence spans approximately 9,300 square feet and offers a functional two-story floor plan with expansive living areas, a chef’s kitchen, private office, fitness room, hobby room, and a temperature-controlled wine room with approximately 2,500-bottle capacity. All upstairs bedrooms are en-suite with walk-in closets. The home is positioned to capture sweeping views of the surrounding valley and hills. Complementing the main residence is a well-appointed guest house, a pool house with additional guest accommodations, and a barn/shop, all finished to a high standard. Outdoor living is equally compelling, featuring a resort-style pool and spa, an outdoor kitchen complete with pizza oven, gas barbecue, Santa Maria-style barbecue and sink, multiple entertaining areas, approximately 2,700 square feet of covered patio space, and a mature olive orchard with over 160 producing trees. Offering privacy, space, and a highly desirable Edna Valley location just minutes from San Luis Obispo, this is a rare opportunity to acquire one of the region’s most significant properties.

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$11,995,000
6bedrooms
7bathrooms
land 1.8ha

By Central Coast Sotheby's International Realty

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  • For sale
  • Morro Bay, United States, +30 km
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  • Seaside

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