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2646 Koa Avenue, Morro Bay, CA 93442

$1.08M3bd · 3ba · 1,472 sqft
Lot 4,000 sqft•Single Family Residence•
Active
•15d on market•MLS# SC-26208456

Property Description

Stunning Morro Bay View Home, Experience coastal living at its finest in this beautifully appointed home offering 3 bedrooms, 3 bathrooms, and Multiple bonus rooms---perfect for flexible living, a home office, guest space, or additional recreation area. Designed for comfort and functionality, the home also features plenty of storage throughout, so you can stay organized with ease. Step outside to enjoy the spacious front deck, ideal for morning coffee, sunsets and entertaining, all while taking in breathtaking views of Morro Bay Rock, the Harbor mouth entrance and white water on the horizon. Whether you're looking for a full-time residence or a getaway with wow-factor views, this property delivers location, lifestyle, and opportunity in one exceptional package.

Features & Amenities

FeeBuilt 1974

Property Details

Land Type
Fee
Year Built
1974
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Forced Air
Cooling
Wall/Window Unit(s)
View
Back Bay, Bay, City Lights, Coastline, Dunes, Ocean
Flooring
Vinyl, Carpet
Roof
Shingle
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byFarrell Smyth Real Estate, Bill Maddox

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,486.35
Principal & Interest
Loan Amount
$868,000
Total Interest
$1,107,086
Total Payment Over 30 Years
$1,975,086
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2646 Koa Avenue, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$1.08M
Affordable Tier
Beds
3
Baths
3
Sqft
1,472
Lot
4,000 sqft
Year
1974
$/Sqft
$737
Pool: No✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 14.2% above the median closed sale of $950,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.08M· $737/sqft
Total list price
Closed comps
vs closed median $950K
+$135K (+14.2%)
Active comps
vs active median $1.20M
−$110K (−9.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $761
−$24 (−3.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2601 MapleMorro Bay1964331,6244,000$921$1.50M4893
1378 BerwickMorro Bay1985321,4914,000$801$1.20M3188
182 Luzon StreetMorro Bay1965321,4896,970$805$1.20M8884
580 Avalon StreetMorro Bay1996321,5252,800$622$949,0002182
912 Pacific StreetMorro Bay1957321,3525,000$655$885,0007082
Total: 5 · Average3.02.21,496.24,554$760.8$1.14M51.6
Median1,491$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2560 Koa AvenueMorro Bay198709/17/2026321,4284,000$1.20M$1.10M$7700.924490
2581 JuniperMorro Bay198805/12/2026321,4645,268$880,000$865,000$5910.9816087
431 Fresno AvenueMorro Bay197109/04/2026331,7406,250$975,000$950,000$5460.976586
2631 HemlockMorro Bay196805/29/2026331,3322,800$959,000$912,500$6850.953984
160 Terra StreetMorro Bay196709/28/2026321,6366,195$1.13M$1.38M$8401.222784
Total: 5 · Average3.02.41,5204,902.6$1.04M$1.04M$686.4—67
Median1,464$950,000$950,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.