498 Orcas ST
Morro Bay, CA, 93442
$625,000
2 Beds
2 Baths
1,854 SqFt
0.06 Acres
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Set high above at the top of the street commanding panoramic ocean views, this property presents a rare opportunity to complete a dream coastal retreat. The open, modern layout design and ready for your creative finishing touches–ideal for those with a vision. Currently amid an unfinished remodel, much of the property is exposed wood studs and requires completion. The new owner will need to submit plans to the city for permits. The home is temporarily supported by scaffolding, which will transfer with the property, with the buyer to assume the lease costs. Whether you’re a seasoned investor or a hands-on homeowner looking for your next project, this property offers unmatched potential in a prime location with world-class views.

Property Details

Price:
$625,000
MLS #:
V1-32963
Status:
Pending
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
mrbymorrobay
Listed Date:
Jan 15, 2026
Finished Sq Ft:
1,854
Lot Size:
2,400 sqft / 0.06 acres (approx)
Year Built:
1995
Mrby – Morro BayMrbymorrobayWater

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Schools

Interior

Appliances
RF
Bathrooms
2 Full Bathrooms
Cooling
NO
Heating
CF
Laundry Features
IN

Exterior

Community Features
SUB
Parking Spots
2

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Morro Bay as of Jan 20, 2026
29
Single Family Listed
53
Avg DOM
735
Avg $ / SqFt
$1,501,002
Avg List Price

Property Summary

    498 Orcas ST Morro Bay CA is a Single Family for sale in Morro Bay, CA, 93442. It is listed for $625,000 and features 2 beds, 2 baths, and has approximately 1,854 square feet of living space, and was originally constructed in 1995. The current price per square foot is $337. The average price per square foot for Single Family listings in Morro Bay is $735. The average listing price for Single Family in Morro Bay is $1,501,002.

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498 Orcas ST
Morro Bay, CA