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361 Dunes Street, Morro Bay, CA 93442 (MLS # SC19222003)

Posted by ClickArtists on September 18, 2019 | | 0
Price $647,100
Status Active
Beds 2
Baths 1 Bath
Home size 618 sqft
Lot Size 4,500 sqft
Days on Market 35
Own a piece of Morro Bay history! This charming home or turnkey vacation rental right smack dab at the center of downtown Morro Bay is a must see. Zoned R4 (multi-family) with all the potential in the world, this well located parcel just 5 mins walk from the waterfront features mature landscaping, separate front and back yard hangout areas, barking seals in the distance, single car garage with long driveway, future RV or boat parking potential, and more than enough backyard space to develop further. Buyers may choose to keep as is and take full advantage of upgrades, add an ADU out back, or even add a second house (Max 30ft height and 60% lot coverage in R4). Buyer to check with City to confirm possibilities. Also worth confirming is the VR permit process. As one of 250 licensed VRs in Morro Bay, 361 Dunes offers the ability to gross over $5k/mo (summer; $3-4k/mo school year). Use this income to build further or simply sit back and reap the benefits of cash flow. Calendar has been kept clear for listing purposes but can resume right away for incoming buyer, as home can be handed over with all furnishings and appliances. Built in 1929, this early colonial home is a lath/plaster/stucco structure that has stood the test of time. Owner has made many improvements since 2016 (while retaining charm and integrity) but doesn't intend to make additional repairs at this time. Swing by an upcoming open house or make an appointment today to see for yourself all this property has to offer!
Property Type(s): Single Family
Last Updated 10/3/2019 Tract Town of El Morro(830)
Year Built 1929 Community MRBY - Morro Bay
County San Luis Obispo


School District San Luis Coastal Unified

Price History

Prior to Oct 3, '19 $663,100
Oct 3, '19 - Today $647,100

Additional Details

AIR None
APPLIANCES Dishwasher, Disposal, Electric Cooktop, Electric Oven, Free-Standing Range, Freezer, Gas Water Heater, Tankless Water Heater, Water Heater
AREA MRBY - Morro Bay
BASEMENT Foundation: Pillar/Post/Pier
CONSTRUCTION Plaster, Stucco
EXTERIOR Awning(s), Barbecue Private, Lighting
GARAGE Asphalt, Covered, Direct Garage Access, Driveway, Driveway Up Slope From Street, Garage, Garage - Single Door, Garage Faces Front, On Site, Parking Space, Paved, RV Potential, See Remarks, Shared Driveway, Workshop
HEAT Natural Gas, Wall Furnace
INTERIOR Furnished, Pantry, Tile Counters
LOT 4500 sq ft
LOT DESCRIPTION 0-1 Unit/Acre, Back Yard, Corners Marked, Front Yard, Garden, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinklers Drip System, Sprinklers In Rear, Up Slope from Street, Utilities - Overhead, Yard
PARKING Spaces: 2.00
SEWER Public Sewer
STYLE Bungalow, Colonial, Cottage, Spanish
SUBDIVISION Town of El Morro(830)
UTILITIES Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Connected,Water Available,Water Connected
VIEW DESCRIPTION Bay,Mountain(s),Ocean,Peek-A-Boo
WATER Public
WATERFRONT DESCRIPTION Ocean Side of Freeway,Ocean Side Of Highway 1



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Listing provided by : Sean Green CalDRE: 02030433, Rock View Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/23/19 8:31 AM PDT 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

This IDX solution is (c) Diverse Solutions 2019.

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