331 Panay Street,  Morro Bay  (93442)

$614,000

2 bedrooms 2   1 bathrooms 1   442 square feet 442
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Listed By: Jessica Padilla of Compass

PROPERTY DETAILS

Address: view address
Morro Bay, CA 93442
Map Location
Features: Golf Course, Multi-level
Bedrooms:2Bathrooms:1 (full: 1)
Square Feet:442 sq.ft.Lot Size:2400.0
Year Built:1940Styles:Bungalow
Views:Mountain(s)Property Type:Single Family Residence
Neighborhood:North Morro Bay (820)County:San Luis Obispo
Zoning:R1List Date:2025-01-28
Listing Number:PI25021064Listed By:Compass
Listing Office:805-769-8779Days on market:47

PROPERTY DESCRIPTION

Your ocean view dream home awaits! Don't miss this rare opportunity to own a piece of beautiful coastline in highly desirable North Morro Bay. This recently renovated beach bungalow is perfect for an investment property, beach home, or the starting point for a beautifully designed custom home. With peek-a-boo ocean views from the existing single story home, the potential for breathtaking second-story views awaits. Step inside to discover a thoughtfully updated interior, featuring a 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 and dryer hookups, as well as on-site parking. This property truly embodies the essence of coastal living, offering a tranquil retreat just moments from the pristine beaches and vibrant heart of Morro Bay. Don't miss the opportunity to make this charming house your new home or investment project. Experience the beauty and potential of 331 Panay today! 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 advantage of ocean and hill views from the 2nd story and rooftop deck. *All information deemed reliable but not guaranteed. Buyer to verify all information.

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Interior

Features

Fireplace features:NoneFlooring:Vinyl
Laundry Features:Washer Hookup, Gas Dryer Hookup, Electric Dryer HookupLaundry:Yes
Window Features:Double Pane WindowsInterior Features:Eat-in Kitchen, Breakfast Bar

Cooling & Heating

Cooling features:NoneHeating features:See Remarks, Wall Furnace
Heating:Yes

Exterior

Exterior and Lot

Style:Bungalow

Pool and Spa

Pool Features:NoneSpa Features:None
Spa:Yes

Parking

Parking features:Driveway

Property Features

Patio and Porch features:Porch, Deck

Property and Lot Details

Features

Community Features:Fishing, Park, Golf

View

Views:Ocean, Mountain(s)Has View:Yes

Other

Sewer:Public Sewer

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1940Levels:One
Stories:1

Lot

Lot Dimensions:2400.0Zoning:R1

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Jessica Padilla of Compass