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625 Elena, Morro Bay, CA 93442

$520K2bd · 1ba · 570 sqft
Lot 2,913 sqft•Single Family Residence•
Active
•32d on market•MLS# PW-26198097

Property Description

Discover the charm of coastal living in Morro Bay! This quaint 1928 2BR, 1BA, 570 sqft home is a rare find, just under a mile from the beach. While it needs updating and expansion, its large avocado tree and 2913sqft lot present a canvas for potential growth, including a second story. Located in a quiet neighborhood, it offers peaceful surroundings and an opportunity to create your dream retreat. Explore the possibilities and envision your future by the shore.

Features & Amenities

FeeBuilt 1928

Property Details

Land Type
Fee
Year Built
1928
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace
Cooling
None
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byThe Jackson Real Estate Group, Rosanna Wait

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,629.40
Principal & Interest
Loan Amount
$416,000
Total Interest
$530,585
Total Payment Over 30 Years
$946,585
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 · 3 active · 3 closed

625 Elena, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$520K
Affordable Tier
Beds
2
Baths
1
Sqft
570
Lot
2,913 sqft
Year
1928
$/Sqft
$912
Pool: No✓

Listed 27.3% below the median closed sale of $715,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $520K· $912/sqft
Total list price
Closed comps
vs closed median $715K
−$195K (−27.3%)
Active comps
vs active median $825K
−$305K (−37.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,038
−$126 (−12.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
401 TahitiMorro Bay1962227203,000$1,146$824,9008173
331 VashonMorro Bay1960218782,400$883$775,0001768
455 OrcasMorro Bay1973329122,400$1,084$989,00018453
Total: 3 · Average2.31.7836.6672,600$1,037.667$862,966.66794
Median878$824,900

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
431 Java StreetMorro Bay196309/21/2026227502,400$734,950$707,100$9430.9613971
2600 IronwoodMorro Bay197706/01/2026218584,000$815,000$800,000$9320.9811368
2710 Elm AvenueMorro Bay197007/01/2026218544,000$739,000$715,000$8370.974764
Total: 3 · Average2.01.3820.6673,466.667$740,700$740,700$904—99.66666666666667
Median854$715,000$715,000

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.