Set on the edge of the Embarcadero, this turnkey Morro Bay condo puts you just a one-minute walk from the waterfront and minutes from the best of Morro Bay. Step out to the front of the complex and take in beautiful views of Morro Rock, with Franklin Riley Park across the street, Tidelands Park and playground nearby, and easy access to the harbor, waterfront dining, coffee shops, art galleries, kayaking, paddleboarding, coastal trails, the Main Street Farmers Market, Morro Bay Golf Course, Morro Bay State Park, and the Museum of Natural History.
Inside, this 1-bedroom end-unit condo is bright, inviting, and in excellent condition, with abundant natural light and peekaboo views of the bay and Black Hill. The living area features an electric fireplace, creating a comfortable place to unwind after a day by the water.
The kitchen is well appointed with custom cabinetry, soft-close drawers, a large single-basin sink, and an Electrolux range with induction cooktop. The bedroom includes a walk-in closet, while the bathroom features a large walk-in shower and a stacked washer and dryer for everyday convenience.
The condo also includes a designated covered carport directly below the unit, offering easy access, plus private storage space for beach gear, golf clubs, bikes, or weekend essentials. The HOA has been well managed, with recent exterior improvements including fresh paint, a new roof, new railings, and other updates throughout the property.
Whether you’re looking for a low-maintenance coastal getaway, a convenient second home, or a quiet Morro Bay retreat to escape the heat of the valley or the pace of the city, this condo is ready to enjoy from day one.
Coming soon 05/28
Listed by: Home & Ranch Sotheby's Intl
$549,000
490 Morro Ave APT 5, Morro Bay, CA 93442
1beds
530sqft
Est.:
Condominium
Built in 1978
-- sqft lot
$502,400 Zestimate®
$1,036/sqft
$350/mo HOA
What's special
- 2 days |
- 43 |
- 2 |
Zillow last checked:
Listing updated:
Listing Provided by:
Ian Chandler DRE #01955407 530545-9561,
Home & Ranch Sotheby's Intl
Source: CRMLS,MLS#: NS26112425
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen, Living Room, Primary Bedroom, Other
Primary bedroom
- Features: Primary Suite
Other
- Features: Walk-In Closet(s)
Heating
- Radiant
Cooling
- None
Appliances
- Included: Electric Range, Microwave, Refrigerator, Water Heater
- Laundry: Inside, See Remarks
Features
- Primary Suite, Walk-In Closet(s)
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Electric, Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 530 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Carport, Storage
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Bay, Hills, Neighborhood, Peek-A-Boo
- Has water view: Yes
- Water view: Bay
- Waterfront features: Across the Road from Lake/Ocean, Ocean Side Of Highway
Lot
- Size: 530 Square Feet
Details
- Parcel number: 066179005
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Turnkey
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Fishing, Golf, Hiking, Water Sports
- Subdivision: Embarcadero(750)
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds, Insurance, Trash
- Services included: Earthquake Insurance
- HOA fee: $350 monthly
- HOA name: Rusty Anchor Homeowners Association
- HOA phone: 661-619-7661
Location
- Region: Morro Bay
Financial & listing details
- Price per square foot: $1,036/sqft
- Tax assessed value: $363,418
- Annual tax amount: $4,006
- Date on market: 5/23/2026
- Listing terms: Cash,Cash to New Loan
Estimated market value
$502,400
$457,000 - $548,000
$2,236/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $499,000$942/sqft |
Source:  CRMLS #SC25016127 Report a problem | ||
| 6/9/2025 | Contingent | $499,000$942/sqft |
Source: CRMLS #SC25016127 Report a problem | ||
| 4/22/2025 | Price change | $499,000-3.1%$942/sqft |
Source: CRMLS #SC25016127 Report a problem | ||
| 1/23/2025 | Listed for sale | $515,000+14.5%$972/sqft |
Source: CRMLS #SC25016127 Report a problem | ||
| 4/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Price change | $1,800-8.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/20/2024 | Listed for rent | $1,975$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/2/2019 | Listing removed | $449,900$849/sqft |
Source: The Harley Group #NS19151465 Report a problem | ||
| 6/26/2019 | Listed for sale | $449,900+46.5%$849/sqft |
Source: The Harley Group #NS19151465 Report a problem | ||
| 11/23/2015 | Sold | $307,000-3.8%$579/sqft |
Source: Public Record Report a problem | ||
| 10/15/2015 | Pending sale | $319,000$602/sqft |
Source: Coast Realty #SC1059750 Report a problem | ||
| 9/29/2015 | Listed for sale | $319,000+35.7%$602/sqft |
Source: Coast Realty #SC1059750 Report a problem | ||
| 2/28/2003 | Sold | $235,000+99.2%$443/sqft |
Source: Public Record Report a problem | ||
| 6/22/1998 | Sold | $118,000$223/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,006 +1.7% | $363,418 +2% |
| 2024 | $3,938 +1.8% | $356,293 +2% |
| 2023 | $3,866 +6.7% | $349,308 +2% |
| 2022 | $3,624 +1.6% | $342,460 +2% |
| 2021 | $3,566 +1% | $335,746 +1% |
| 2020 | $3,530 +1% | $332,304 +2% |
| 2019 | $3,493 +2% | $325,789 +2% |
| 2018 | $3,425 +2% | $319,402 +2% |
| 2017 | $3,358 +2% | $313,140 +2% |
| 2016 | $3,292 +0% | $307,000 +8.4% |
| 2015 | $3,292 +67.3% | $283,185 +39.5% |
| 2014 | $1,968 | $203,000 |
| 2012 | -- | $203,000 -21% |
| 2011 | -- | $257,000 -2.5% |
| 2010 | -- | $263,670 -0.2% |
| 2009 | -- | $264,297 +2% |
| 2008 | -- | $259,116 +2% |
| 2007 | -- | $254,037 +2% |
| 2006 | -- | $249,057 +2% |
| 2005 | -- | $244,174 +2% |
| 2004 | -- | $239,387 +84% |
| 2003 | -- | $130,086 +2% |
| 2002 | -- | $127,536 +2% |
| 2001 | -- | $125,036 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 93442
Nearby schools
GreatSchools rating
- 6/10Del Mar Elementary SchoolGrades: K-5Distance: 2.5 mi
- 8/10Los Osos Middle SchoolGrades: 6-8Distance: 3.1 mi
- 8/10Morro Bay High SchoolGrades: 9-12Distance: 1.5 mi
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- California
- San Luis Obispo County
- Morro Bay
- 93442
- 490 Morro Ave Apartment 5
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