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409 Tulare Avenue, Morro Bay, CA 93442

$1.45M3bd · 2ba · 2,132 sqft
Lot 5,000 sqft•Single Family Residence•
Active
•37d on market•MLS# SC-26187891

Property Description

With beautiful ocean views and a location in Morro Bay’s desirable Morro Heights neighborhood, this 3-bedroom, 2-bath home offers a wonderful combination of character, space, and potential. Originally built in 1952, the home retains the warmth and personality of its era while offering an opportunity to update and create a home that reflects your own style. The main level centers around a generous living room, kitchen, and dining area, with large windows bringing in natural light and coastal views. Tile flooring runs throughout the main living spaces, while the kitchen opens naturally to the dining area, creating an inviting setting for everyday living and gatherings. Just beyond the dining area, an outdoor deck with a windbreak provides a peaceful place to enjoy the ocean outlook. Upstairs, three well-appointed bedrooms feature wood flooring and wood-beamed ceilings, each with its own character. The primary bedroom is filled with abundant natural light through full picture windows, offering striking views of Morro Bay and Morro Rock, along with a walk-in closet. Another bedroom features a stained glass window and opens to a private balcony with ocean views, while the third offers additional stained glass windows and abundant storage. A full bathroom and dedicated office complete the upper level. Outside, a landscaped backyard and paved patio create additional space for gardening, gathering, or simply enjoying the coastal setting. A single-car garage, additional parking space, and basement storage add practical value. With its ocean views, established Morro Heights setting, character-filled spaces, and room to make thoughtful improvements, this is an opportunity to create something special in one of Morro Bay’s most sought-after neighborhoods.

Features & Amenities

FeeBuilt 1952

Property Details

Land Type
Fee
Year Built
1952
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
1
Heating
Forced Air
Cooling
None
View
Ocean, Water
Flooring
Tile, Wood
Roof
Shingle, Composition
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byChristie's International Real Estate Sereno, Lindsey Harn

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,331.99
Principal & Interest
Loan Amount
$1,160,000
Total Interest
$1,479,516
Total Payment Over 30 Years
$2,639,516
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

Residential Tier · 5 active · 5 closed

409 Tulare Avenue, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$1.45M
Residential Tier
Beds
3
Baths
2
Sqft
2,132
Lot
5,000 sqft
Year
1952
$/Sqft
$680
Pool: No✓
Spa: No✓
View: water✓
Garage: 1-car✓

Listed 31.8% above the median closed sale of $1,100,000. Price per sqft ($680) is a 22% premium to closed comps ($557). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.45M· $680/sqft
Total list price
Closed comps
vs closed median $1.10M
+$350K (+31.8%)
Active comps
vs active median $1.20M
+$252K (+21.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $717
−$37 (−5.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2630 Maple AvenueMorro Bay1988332,0244,000$608$1.23M6673
182 Luzon StreetMorro Bay1965321,4896,970$805$1.20M9471
1378 BerwickMorro Bay1985321,4914,000$801$1.20M3770
245 Driftwood StreetMorro Bay2007432,6744,519$636$1.70M49470
2646 Koa AvenueMorro Bay1974331,4724,000$737$1.08M1468
Total: 5 · Average3.22.61,8304,697.8$717.4$1.28M141
Median1,491$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
594 KingsMorro Bay200905/22/2026332,0595,664$1.15M$1.10M$5340.963884
489 Sunset CourtMorro Bay197906/22/2026221,9867,650$1.19M$1.18M$5920.993178
1310 Hillcrest DriveMorro Bay197606/08/2026332,0544,000$1.18M$1.18M$5741.004675
679 Elena StreetMorro Bay199706/01/2026321,7384,700$1.25M$940,000$5410.7530974
431 Fresno AvenueMorro Bay197109/04/2026331,7406,250$975,000$950,000$5460.976572
Total: 5 · Average2.82.61,915.45,652.8$1.07M$1.07M$557.4—97.8
Median1,986$1.10M$1.10M

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.