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Explore Similar Townhomes Within 10 Miles of Morro Bay, CA

  • /31

    $840,000

    • 3 Beds
    • 3 Baths
    • 1,445 Sq Ft

    1144 Walnut St Unit 11, San Luis Obispo, CA 93401

    Welcome to 1144 Walnut Drive #11 in the highly desirable Courtyards at Walnut- ideally located just minutes from Cal Poly and Downtown San Luis Obispo.This fully furnished, turn-key condo is thoughtfully set up and ready for Cal Poly students or investors seeking a seamless rental opportunity. Featuring 3 bedrooms and 3 full bathrooms, the layout offers excellent privacy and functionality-

    Tessa Wedel Hagwood Century 21 Masters

    1144 Walnut St Unit 11, San Luis Obispo, CA 93401
  • /42

    $949,000

    • 3 Beds
    • 1.5 Baths
    • 1,757 Sq Ft

    672 Serrano Dr Unit 2, San Luis Obispo, CA 93405

    Nestled at the base of Madonna Mountain and one of the most highly desirable areas of San Luis Obispo, lies this wonderfully situated light and bright 3 bedroom 1.5 bath 1,757 sq ft split-level home with attached 2 car garage and ample storage. The entrance staircase opens to an incredibly spacious living room with combo gas and wood burning fireplace complete with massive cathedral vaulted

    Sean Doherty SD Realty

    672 Serrano Dr Unit 2, San Luis Obispo, CA 93405

Why Live in Morro Bay

Morro Bay, located on California’s Central Coast, is a picturesque seaside fishing village about 15 miles from San Luis Obispo. Known for its stunning coastal landscape, the town features the iconic Morro Rock, part of the volcanic Nine Sisters chain, rising from the Pacific Ocean beside a sandy beach and a quaint downtown harbor. The area offers ample opportunities for water recreation, including sailing, surfing, fishing, and birdwatching. With a population of roughly 11,000, Morro Bay attracts retirees, families, and young professionals, many of whom work remotely or in the local service and hospitality industries. The community is tight-knit, with residents looking out for each other despite the influx of tourists.

Morro Bay boasts extensive natural attractions, such as the 6-mile stretch of Morro Rock Beach and Morro Strand State Beach, ideal for swimming, surfing, and whale watching. The 2,700-acre Morro Bay State Park offers wetlands and marshes that attract around 250 migratory bird species, along with trails leading to Black Hill and Cerro Cabrillo. The park also features a marina, an 18-hole golf course, and the Morro Bay Museum of Natural History.

Housing in Morro Bay ranges from mid-20th-century beach bungalows and coastal cottages near the Embarcadero to newer custom homes on rolling hills with water views. The median home price is around $955,000, with oceanfront properties and elevated homes commanding higher prices. The Embarcadero is the hub for boutique shopping and fresh seafood dining, with local markets offering daily catches.

Morro Bay is part of the highly rated San Luis Coastal Unified School District, recognized as the best in San Luis Obispo County. The area also enjoys lower-than-average property and violent crime rates. Public transportation is available through the San Luis Obispo Regional Transit Authority, and the town is conveniently located near the scenic Highway 1. Medical facilities and the San Luis Obispo County Airport are within a short drive.

Home Trends in Morro Bay, CA

Housing Trends

Median Sale Price
$950,000
Median Single Family Sale Price
$982,000
Median 2 Bedroom Sale Price
$699,450
Median 1 Bedroom Sale Price
$544,500
Average Price Per Sq Ft
$749
Number of Homes for Sale
23
Last 12 months Home Sales
121
Months of Supply
2.30
Median List Price
$989,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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