64
See all 64 photos
Listed by Sheri D'Amico, DRE #01924542 • BHGRE Haven Properties
$2,995,000
Est. payment /mo
6,300 Sqft Lot
Active
457 Piney WAY Morro Bay, CA 93442
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNS26203103
Year Built 2026
Lot Size 6,300 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
CONSTRUCTION COMPLETE & FULLY OCCUPIED! PRICED BELOW APPRAISED VALUE! Rare opportunity to own a newly constructed four-unit coastal property just minutes from Main Street, downtown Morro Bay, and the waterfront. This turnkey property combines modern coastal living with excellent income-producing potential. Demonstrating strong rental demand, all four residences were fully leased within just seven days of being offered for rent. The property features a two-story duplex with spacious 3BR/2.5BA residences of approximately 1,768 sq ft and 1,654 sq ft. Both offer open-concept kitchen, dining, and living areas, second-story balconies with partial coastal views, and attached two-car garages. Quality finishes include quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean coastal styling. Two detached 1BR/1BA ADUs, approximately 526 sq ft each, provide additional rental income. Both feature second-story balconies, with one enjoying partial ocean views from the bedroom and deck. Each of the four residences is separately addressed and metered for electricity and water and includes owned solar and an individual fire sprinkler system reporting directly to the fire department. With all four units currently tenant occupi
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Rooms
Kitchen Dishwasher, Oven Range - Electric, Refrigerator, Oven - Electric
Interior
Heating Electric
Cooling Other, Central Forced Air - Electric
Laundry In Closet, In Laundry Room, Stacked Only
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool None
View Ocean
Building
Foundation Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 066186015
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.