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Patty Garrison, DRE#01121864, REALTOR®
(805) 471-0680

487 & 489 Estero, Morro Bay, CA 93442

$1,495,000
  • 487 & 489 Estero, Morro Bay, CA 93442 Main Photo

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New to the Market Active
BEDS6 BATHS4 full SQUARE FEET2,700 MLS#SC26117151
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMorro Heights (810) SCHOOLSan Luis Coastal Unified

Listing Courtesy of: Dale Kaiser Real Estate
Agency Phone: 805-995-2900
Associate Name: Dale Kaiser
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Patty Garrison, DRE#01121864, REALTOR®


Property Description

Morro Bay Coastal Retreat: Views and Versatility Prepare to be mesmerized by views of iconic Morro Harbor and Rock with the panoramic backdrop of the Pacific Ocean. Are you dreaming of a lucrative multi-family income property or a spacious single-family coastal compound? Look no further! This masterfully crafted gem offers unparalleled flexibility, serving perfectly as three private living retreats or one comfortable main residence paired with a high-end ADU. Situated on an impressively oversized lot with a clever downhill orientation on a quiet street with similarly sized properties. Parking is a breeze with plenty of off street space and an oversized two-car garage. Hardscape pavers and lovely landscape provide an inviting entry and front patio courtyard. The ground level entry opens to a bedroom, stairs to primary living space and hallway entrance to the optional ADU. The second level is truly the heart of the home?a lovely light-filled space with a wall of windows frames the ocean views to be enjoyed from living, dining, kitchen and even the master ensuite. A second bedroom/bath suite provides additional sleeping space.The spacious and sun drenched deck extends living space and is the icing on the cake. At the rear of the property, discover a charming, approximately 700 sq. ft. two-bedroom ADU with its own address and separate utility meters?ideal for guests or rental income. This private haven includes its own yard, laundry, and a versatile outbuilding perfect for a quiet home office or a creative art studio. New owners will benefit by the addition of solar provided through a Power Purchase Agreement. Furnishings may be included and are negotiable. Perfectly situated near the vibrant downtown, easy HWY 1 access, and the majestic State Park, this property is a rare crown jewel of the coast. Dont miss your chance to own this slice of paradise?see it today!

487 & 489 Estero | MLS# SC26117151

This single family home located at 487 & 489 Estero, Morro Bay, CA 93442 is currently listed for sale with an asking price of $1,495,000. This property was built in 1980 and has 6 bedrooms and 4 full baths with 2700 sq. ft. & 489 Estero is located in the Morro Heights (810) subdivision within the San Luis Coastal Unified school district. Search Morro Heights (810) real estate on pattygarrison.farrellsmyth.com today.

Property Features

Property Type: Residential - Single Family
Cooling: None
Garage: 2 car attached
Heating: Electric
Lot Size: 0.14 Acres
Stories: 2.0
Year Built: 1980

Amenities

CeilingFans
BedroomOnMainLevel
WalkInClosets

Feature Descriptions

Appliances: Dishwasher, ElectricOven, ElectricRange, Microwave, Refrigerator, TrashCompactor, Dryer, Washer
Community Features: Biking, DogPark, Fishing, Golf, Hiking, StreetLights, WaterSports
Door Features: SlidingDoors
Fencing: Privacy, Wood
Fireplace: LivingRoom
Laundry: Inside, LaundryRoom
Lot: Landscaped, Yard
Parcel#: 066191027
Parking: DoorMulti, Driveway, GarageFacesFront, Garage, GarageDoorOpener
Parking Notes: DoorMulti, Driveway, GarageFacesFront, Garage, GarageD
Patio/Porch: Deck
Sewer: PublicSewer
Spa: None
Special View Info: Bay, Hills, Ocean
Units: 2
Water: Public
Window: DoublePaneWindows

Local Schools

School District: San Luis Coastal Unified

Listed By / Shown By

Listed By

Agency Name: Dale Kaiser Real Estate
Agent Name: Dale Kaiser
Agency Phone: 805-995-2900

agent picture

Shown By

Agent Name: Patty Garrison, DRE#01121864, REALTOR®
Agent Phone: (805) 471-0680
Agency Title: Farrell Smyth, Inc.

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Estimate Your Payment

Estimated Payment

$ 3,763.26 per month $3,327.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.04 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:05:54 AM EST) or CRMLS (last updated Tue 06/02/2026 12:29:10 PM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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