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482 Yerba Buena Street, Morro Bay, CA 93442

$899K6bd · 3ba · 2,229 sqft
Lot 2,400 sqft•Single Family Residence•
Active
•172d on market•MLS# PI-26066747

Property Description

Introducing “The Strandside Retreat” – a spacious 6-bedroom, 3-bath coastal home that seamlessly blends generous living space, flexibility, and everyday comfort, making it well-suited for full-time living, a vacation retreat, or multi-generational use. Inside, a functional layout connects the main living spaces with ease. The living room features a cozy carpeted setting with a built-in TV space, creating a comfortable place to gather. The kitchen is both practical and inviting, offering stainless steel appliances, recessed lighting, a charming bay window, and floor-to-ceiling storage. The dining area is conveniently located within the kitchen, making it perfect for both daily meals and casual entertaining. The main level includes three well-sized bedrooms, each with ceiling fans and carpet, along with a hall bathroom featuring a walk-in shower and a single vanity. Upstairs, the home expands with three additional bedrooms, including the primary suite complete with an en-suite bathroom offering a tiled shower/tub combo and single vanity with storage. A standout feature of the home is the additional upstairs living and dining area, providing excellent potential for multi-generational living, guest accommodations, or extended stays. This space opens to a second-floor patio area where you can take in ocean views and coastal breezes. The upstairs hall bathroom includes a tiled shower-over-tub with jets and single vanity, while all bedrooms offer comfortable layouts with ample closet space. Thoughtfully equipped for convenience, the home offers laundry hookups on both levels—located at the end of the downstairs hall for a stackable washer and dryer, as well as in the upstairs hall bathroom for a full-size washer and dryer. A multiple-car garage adds to the property’s functionality, providing ample parking and storage. With its generous size and versatile floor plan, The Strandside Retreat presents a unique opportunity to enjoy the best of coastal living—just moments from Morro Strand State Beach, with easy access to Highway 1 and close proximity to Morro Rock, local dining, shopping, and outdoor adventures.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air
Cooling
None
Flooring
Vinyl, Carpet
Roof
Tile
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byInvest SLO, Abel Contreras

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,545.83
Principal & Interest
Loan Amount
$719,200
Total Interest
$917,300
Total Payment Over 30 Years
$1,636,500
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

482 Yerba Buena Street, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$899K
Residential Tier
Beds
6
Baths
3
Sqft
2,229
Lot
2,400 sqft
Year
2005
$/Sqft
$403
Pool: No✓
Spa: No✓
View: water✓
Garage: 1-car✓

Listed 11.0% below the median closed sale of $1,010,000. Price per sqft ($403) is a 29% discount to closed comps ($565).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $899K· $403/sqft
Total list price
Closed comps
vs closed median $1.01M
−$111K (−11.0%)
Active comps
vs active median $1.23M
−$331K (−26.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $634
−$231 (−36.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
245 Driftwood StreetMorro Bay2007432,6744,519$636$1.70M49364
2414 Main StreetMorro Bay2020331,6521,996$602$995,0003064
409 Tulare AvenueMorro Bay1952322,1325,000$680$1.45M3662
1887 Ironwood AvenueMorro Bay2013231,6961,307$646$1.09M6662
2630 Maple AvenueMorro Bay1988332,0244,000$608$1.23M6560
Total: 5 · Average3.02.82,035.63,364.4$634.4$1.29M138
Median2,024$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
471 NevisMorro Bay201509/18/2026331,6822,400$1.07M$1.07M$6391.003267
541 Yerba Buena StreetMorro Bay199509/18/2026331,8753,119$1.10M$1.01M$5390.9212565
491 MindoroMorro Bay199608/20/2026321,6112,400$925,000$945,000$5871.022664
480 ZanzibarMorro Bay197707/28/2026321,7562,400$899,000$899,000$5121.003261
2621 Maple AvenueMorro Bay200105/28/2026332,5084,000$1.37M$1.37M$5461.003761
Total: 5 · Average3.02.61,886.42,863.8$1.06M$1.06M$564.6—50.4
Median1,756$1.01M$1.01M

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.