Welcome to 457 Piney Way, a brand-new, coastal multi-unit residence ideally located just moments from Main Street in the heart of beautiful Morro Bay. This newly constructed four-unit property offers a rare opportunity for multi-generational living or income-producing ownership in one of the Central Coast’s most desirable communities. The centerpiece of the property is a two-story duplex, with each unit featuring 3BRs/2.5BA. Thoughtfully designed for modern coastal living, both residences include second-story balconies with partial views of the Morro Bay coastline, perfect for enjoying ocean breezes and sunset skies. Inside, the homes showcase new Milgard dual-pane windows, quartz countertops, and contemporary kitchens with clean, modern finishes throughout. In addition, the property includes two ADUs, each approximately 526 square feet and offering one bedroom and one bath. These well-appointed units also feature second-story balconies, extending the coastal lifestyle outdoors and providing excellent flexibility for extended family, guests, or rental income. One ADU features partial ocean views from bedroom and deck. This new construction, turnkey property presents an exceptional opportunity to own a versatile, income-generating asset just minutes from downtown Morro Bay, dining, shopping, and the waterfront. A rare chance to secure a modern slice of Morro Bay living, don’t miss it!
Property Details
Price:
$3,150,000
MLS #:
NS26008389
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Subtype:
Duplex
Subdivision:
Morro Heights 810
Neighborhood:
mrbymorrobay
Listed Date:
Jan 14, 2026
Finished Sq Ft:
4,474
Lot Size:
6,300 sqft / 0.14 acres (approx)
Year Built:
2026
See this Listing
Schools
School District:
San Luis Coastal Unified
High School:
Morro Bay
Interior
Appliances
DW, RF, EO, ER, EWH
Bathrooms
6 Full Bathrooms, 2 Half Bathrooms
Cooling
ELC, ES
Flooring
VINY
Heating
ELC
Laundry Features
IR, STK
Exterior
Community Features
SDW, CRB
Construction Materials
STC
Parking Spots
4
Financial
Map
Community
- Address457 Piney WY Morro Bay CA
- SubdivisionMorro Heights (810)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
Subdivisions in Morro Bay
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
- Located in the Morro Heights (810) subdivision, 457 Piney WY Morro Bay CA is a Single Family for sale in Morro Bay, CA, 93442. It is listed for $3,150,000 and features 8 beds, 8 baths, and has approximately 4,474 square feet of living space, and was originally constructed in 2026. The current price per square foot is $704. 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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