213 Dunes Street, Morro Bay, CA 93442
Local realty services provided by:CENTURY 21 Coastal Properties
213 Dunes Street,Morro Bay, CA 93442
$2,290,000
- - Beds
- - Baths
- 3,494 sq. ft.
- Multi-family
- Active
Listed by: linda wilson, aimee edsall
Office: central coast sotheby's international realty805-781-6040
MLS#:SC26221926
Source:CRMLS
Price summary
- Price:$2,290,000
- Price per sq. ft.:$655.41
About this home
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. Offering approximately 2,960 square feet of finished living space, 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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Home facts
- Year built:1989
- Subdivision & Development:Embarcadero(750)
- Listing ID #:SC26221926
- Added:1 day(s) ago
- Updated:October 21, 2026 at 12:05 PM
Rooms and interior
- Flooring:Carpet, Stone, Tile, Vinyl
- Kitchen Description:Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven
- Living area:3,494 sq. ft.
Heating and cooling
- Heating:Combination, Forced Air, Natural Gas, Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1989
- Building area:3,494 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level with Street, Paved, Rectangular Lot, Street Level
- Architectural Style:Bungalow, Cape Cod
- Construction Materials:Copper Plumbing, Vertical Siding, Wood Siding
- Exterior Features:Awnings, Lighting, RainGutters
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,290,000
- Price per sq. ft.:$655.41
Features and amenities
- Appliances:Electric Cook Top
- Laundry features:Inside
- Amenities:Balcony, Carbon Monoxide (CO2) Detector, Ceiling Fans, Koi Pond, Rain Gutters, Water Heater
Parking
- Total parking spaces:5
- Parking description:Direct Access, Door-Multi, Door-Single, Driveway, Garage, Garage Door Opener, Paved
- Garage:Yes
- Garage spaces:5
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