331 Panay Street

Morro Bay,CA 93442

$ 565000

2 Beds

1 Bath

442 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 442 sqft

Price per Sqft $1,278

MLS Listing ID CRPI25021064

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Lot Size 2,400 Sqft

Acres 0.0551

Property Sub-Type Single Family Residence

Property Description

Incredible investment opportunity! Recently renovated beach bungalow with ocean views in highly desirable North Morro Bay. Perfect for an investment, beach home, or the starting point for a beautifully designed custom home. Included in the sale are renderings of a potential future 2BR / 2BA home (approx 1200 sf) with a garage, attached 700 sf ADU and rooftop deck - taking full advantage of ocean and hillside views. Step inside to discover a thoughtfully updated interior, featuring renovated kitchen & bathroom with painted wood cabinets and beautiful epoxy countertops. The open layout creates a warm and inviting atmosphere, ideal for relaxation. Recent upgrades include all new: roof, windows & doors, electrical, plumbing, flooring, (3) wall heaters, paver patio, paver entry path, deck, gutters, patio cover, storage shed, interior & exterior paint. Whether you're enjoying your morning coffee on the porch or hosting a gathering on the spacious patio, the outdoor spaces are designed to enhance your connection with nature. The fenced front and back yards offer privacy and ample space for gardening or future development. For added convenience, the home includes two outdoor storage sheds (one is built to support a roof top deck - check with the city for potential ADU conversion), washer

Location

State CA

County San Luis Obispo

Zoning R1

Interior

Interior Features Breakfast Bar

Heating Wall Furnace,See Remarks

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Laundry Gas Dryer Hookup,Other

Exterior

Pool None

Utilities Available Sewer Connected,Natural Gas Connected

View Y/N true

View Mountain(s),Ocean

Total Parking Spaces 3

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One Story

New Construction No

Schools

School District San Luis Coastal Unified

Others

Tax ID 065051015

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