Remodel complete with Section One termite clearance including fumigation certificate. This home offers several options. Currently two one bedroom units with an additional art studio/bonus unit and a separate laundry room with third bathroom. Has recently been updated inside and out with new flooring, paint, windows, ceiling fans and heating. Downstairs features new granite kitchen counters and gas stove with a quiet landscaped yard for outdoor enjoyment. Upstairs is open and bright. Spacious sunny deck with ocean view . Great location convenient to restaurants, market and park.
For sale
Listing Provided by:
Nadine Lilley DRE #01008171 805-235-2565,
Highway One Real Estate
$799,950
540 Avalon St, Morro Bay, CA 93442
2beds
1,210sqft
Est.:
Duplex
Built in 1949
2,800 Square Feet Lot
$785,500 Zestimate®
$661/sqft
$-- HOA
What's special
New flooringTwo one bedroom unitsNew granite kitchen countersGas stoveCeiling fans
- 363 days |
- 166 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 01:08pm
Listing Provided by:
Nadine Lilley DRE #01008171 805-235-2565,
Highway One Real Estate
Source: CRMLS,MLS#: SC25099400
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Art Studio, Office, Utility Room
Cooling
- None
Appliances
- Laundry: Laundry Room
Features
- Utility Room
- Flooring: Laminate
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,210 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1 & 2
- Pool features: None
- Has view: Yes
- View description: Ocean, Peek-A-Boo, Rocks
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 2,800 Square Feet
- Dimensions: 37 x 70
- Features: 0-1 Unit/Acre
Details
- Parcel number: 068264021
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Fishing, Water Sports
- Subdivision: North Morro Bay (820)
Location
- Region: Morro Bay
Financial & listing details
- Price per square foot: $661/sqft
- Tax assessed value: $724,200
- Annual tax amount: $7,982
- Date on market: 5/7/2025
- Cumulative days on market: 363 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
$785,500
$746,000 - $825,000
$3,288/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2025 | Price change | $799,950-4.8%$661/sqft |
Source:  CRMLS #SC25099400 Report a problem | ||
| 3/5/2025 | Price change | $839,900-1.2%$694/sqft |
Source: CRMLS #FR25048671 Report a problem | ||
| 1/16/2025 | Price change | $849,900-1.2%$702/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 1/2/2025 | Price change | $859,900-1.1%$711/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
| 12/13/2024 | Price change | $869,900-1.1%$719/sqft |
Source: CRMLS #FR24206614 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,982 +34.6% | $724,200 +35% |
| 2024 | $5,931 +1.8% | $536,639 +2% |
| 2023 | $5,823 +6.7% | $526,117 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,910/mo
Principal & interest
$3903
Property taxes
$727
Home insurance
$280
Climate risks
Neighborhood: 93442
Nearby schools
GreatSchools rating
- 7/10Del Mar Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Los Osos Middle SchoolGrades: 6-8Distance: 4.6 mi
- 8/10Morro Bay High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Del Mar
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
