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457 Piney Way, Morro Bay, CA 93442

Morro Bay
Local realty services provided by:CENTURY 21 Lois Lauer Realty
457 Piney Way,Morro Bay, CA 93442
$2,995,000
  • - Beds
  • - Baths
  • 4,474 sq. ft.
  • Multi-family
  • Active
Listed by: sheri d'amico, tim harris
Office: bhgre haven properties805-592-2050
MLS#:NS26203103
Source:CRMLS

Price summary

  • Price:$2,995,000
  • Price per sq. ft.:$669.42

About this home

CONSTRUCTION COMPLETE & FULLY OCCUPIED! PRICED BELOW APPRAISED VALUE! Rare opportunity to own a newly constructed four-unit coastal property just minutes from Main Street, downtown Morro Bay, and the waterfront. This turnkey property combines modern coastal living with excellent income-producing potential. Demonstrating strong rental demand, all four residences were fully leased within just seven days of being offered for rent. The property features a two-story duplex with spacious 3BR/2.5BA residences of approximately 1,768 sq ft and 1,654 sq ft. Both offer open-concept kitchen, dining, and living areas, second-story balconies with partial coastal views, and attached two-car garages. Quality finishes include quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean coastal styling. Two detached 1BR/1BA ADUs, approximately 526 sq ft each, provide additional rental income. Both feature second-story balconies, with...

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Home facts

  • Year built:2026
  • Subdivision & Development:Morro Heights (810)
  • Listing ID #:NS26203103
  • Added:1 day(s) ago
  • Updated:October 07, 2026 at 02:33 AM

Rooms and interior

  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Living area:4,474 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:2026
  • Building area:4,474 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,995,000
  • Price per sq. ft.:$669.42

Features and amenities

  • Appliances:Dishwasher, Electric Oven, Electric Range, Electric Water Heater
  • Laundry features:Stacked
  • Amenities:Ceiling Fans, Electric Water heater, High Ceilings, Quartz Counters

Parking

  • Total parking spaces:4
  • Parking description:Garage Faces Front
  • Garage:Yes
  • Garage spaces:4
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