430 Olive St Morro Bay, CA 93442
Estimated payment $8,866/month
Highlights
- Ocean View
- Spa
- Open Floorplan
- Del Mar Elementary School Rated A-
- Updated Kitchen
- Wood Flooring
About This Home
Coastal Retreat Backing Up to Cerrito Peak – Ocean Views & Prime Location!
Enjoy the best of Morro Bay living in this stunning tri-level home with 3 bedrooms and 3 full baths and 1-3⁄4 bathrooms, perfectly situated in the coveted Morro Heights neighborhood. This unique property backs up to scenic Cerrito Peak, offering a rare blend of privacy, nature, and spectacular ocean views.
Inside, you'll find a spacious living room and comfortable family room, both with access to a large entertainer’s patio—ideal for soaking in sunsets or hosting guests. The kitchen features granite countertops, while wood and ceramic tile flooring runs throughout the home.
Two of the bathrooms include oversized Jacuzzi tubs, and the home is enhanced by ceiling fans and abundant lighting, both indoors and out. Just a short walk to the Embarcadero and downtown Morro Bay, this home delivers coastal living at its finest, with nature as your backyard and the ocean as your view.
Listing Agent
Horizon Realty & Property Mgt Brokerage Phone: 805-440-6853 License #00648760 Listed on: 05/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,562
Year Built
- Built in 1956 | Remodeled
Lot Details
- 8,948 Sq Ft Lot
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
- Property is zoned R2
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Garage Door Opener
- Combination Of Materials Used In The Driveway
- Driveway Up Slope From Street
Property Views
- Ocean
- Coastline
- Panoramic
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Interior Block Wall
- Stucco
Interior Spaces
- 2,800 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Track Lighting
- Double Pane Windows
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Self-Closing Cabinet Doors
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Low Flow Toliet
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Spa Bath
- Separate Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Balcony
- Concrete Porch or Patio
- Rain Gutters
Location
- Suburban Location
Schools
- Morro Bay High School
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Sewer Assessments
- Cable TV Available
Community Details
- No Home Owners Association
- Morro Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 9 / J
- Assessor Parcel Number 066222074
- $244 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,562 | $352,099 | $64,658 | $287,441 |
| 2024 | $2,523 | $231,838 | $63,391 | $168,447 |
| 2023 | $2,523 | $227,954 | $62,149 | $165,805 |
| 2022 | $2,372 | $224,146 | $60,931 | $163,215 |
| 2021 | $2,254 | $212,213 | $59,737 | $152,476 |
| 2020 | $2,234 | $210,300 | $59,125 | $151,175 |
| 2019 | $2,216 | $206,677 | $57,966 | $148,711 |
| 2018 | $2,178 | $203,126 | $56,830 | $146,296 |
| 2017 | $1,867 | $174,144 | $55,716 | $118,428 |
| 2016 | $1,831 | $170,730 | $54,624 | $116,106 |
| 2015 | $1,803 | $168,166 | $53,804 | $114,362 |
| 2014 | $1,655 | $164,873 | $52,751 | $112,122 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $1,624,000 | -12.2% | $580 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $1,849,000 | -2.6% | $660 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $1,899,000 | -12.4% | $678 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $2,169,000 | -- | $775 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $538,125 | Adjustable Rate Mortgage/ARM | |
| Closed | $175,000 | Credit Line Revolving | |
| Closed | $75,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25107871
APN: 066-222-074
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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