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331 Panay Street

Morro Bay, CA 93442
  • $614,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: PI25021064
$614,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 442
    SQFT
  • $1,389
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
County:

School Ratings & Info

School District:
Listing Agent(s): Jessica Padilla of Compass California, Inc.-PB (805-779-7800)


Description

Your ocean view dream home awaits! Dont 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-26T00:27:21.577. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/159860549
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331 Panay Street Morro Bay, CA 93442

  • Price: $614,000
  • Status: Active
  • On Site: 55 Days
  • ID#: PI25021064
2
Beds
1
Baths
0
½ Baths
0.06
Acres
442
SQFT
$1,389
$/SQFT
1940
Built
Neighborhood:
North Morro Bay (820)
County:
San Luis Obispo
Area:
MRBY - Morro Bay
School District:
San Luis Coastal Unified
Property Description
Your ocean view dream home awaits! Dont 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.
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Entry Level 1 Entry Location Front door Lot Features 0-1 Unit/Acre Open Parking Spaces 3 Other Structures Shed(s) Parking Features Driveway Parking Total 3 Patio And Porch Features DeckPorch Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes Spa Features None Spa YN No View Mountain(s)Ocean View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Vinyl Heating See RemarksWall Furnace Heating YN Yes Interior Features Breakfast BarEat-in KitchenAll Bedrooms Down Main Level Bathrooms 1 Main Level Bedrooms 2 Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkFoothillsFishingGolfHikingPark Electric Electricity - On Property Exclusions Potted plantswasher & dryer Garage YN No Inclusions Fridgegas range8x8 metal shed in backyard8x15 wood shed in front yard Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Utilities Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public Zoning R1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-26T00:27:21.577. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Jessica Padilla of Compass California, Inc.-PB (805-779-7800)