2481 Nutmeg Avenue

Morro Bay, CA
$ 799,000 Beds 4 Baths 4 Sq 1,788
Monthly Estimate* How much can I afford?

Rare opportunity to own a Morro Bay property with panoramic ocean views of Morro Rock. The main home features 3 bedrooms and 3 bathrooms and is a fixer-upper, offering an exciting opportunity to create your dream coastal residence. The property also includes an attached 1-bedroom, 1-bath ADU in excellent condition. The ADU provides the perfect place to live comfortably while renovations are completed on the main home, or can be used for guests, extended family, or potential rental income. Enjoy breathtaking coastal scenery, beautiful sunsets, and sweeping Pacific Ocean views from this exceptional location. With its combination of incredible views, flexible living arrangements, and renovation potential, this property offers a unique opportunity to create something truly special in Morro Bay.

Pending

  • Price
  • $ 799,000
  • City
  • Morro Bay
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • San Luis Obispo
  • Half Bathrooms
  • 0
  • Area
  • Morro Bay
  • Lot Size
  • 0.0918 Acres
  • Zip
  • 93442
  • Sqr Footage
  • 1,788
  • Year Built
  • 1987
  • Style
  • MLS#
  • NS26187115
Listed By: Robert Moya with Century 21 Masters; 805-704-5680
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 1788
Sewer Public Sewer
Heating Forced Air
Cooling None
Garage Spaces 2
Pool Features None
Year Built 1987
View Ocean
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Fishing,Golf,Hiking
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Morro del Mar(800)
Garage Y/N true
Full Baths 4
Special Listing Conditions Probate Listing
Status Pending
Directions From Main St to Avalon St. Left on Laurel Ave. Right on Casitas St. Right onto Nutmeg St. Home is second on the right.
High School Morro Bay
City Morro Bay
Disclosures Accessory Dwelling Unit
Entry Location 1
Senior Community Y/N false
High School District San Luis Coastal Unified
Number Of Units Total 2
MLS Area MRBY - Morro Bay
Lot Size Units Square Feet
Lot Size Square Feet 4000
Listing Terms Cash to New Loan,Conventional
Elementary School De Anza
Property Attached Y/N true
Land Lease Y/N false
Property Condition Fixer,Repairs Major
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Tenant
Year Built Source Public Records
Tax Lot 2
Property Sub Type Additional Single Family Residence
PostalCity MORRO BAY

Interior Features

Interior Amenities Main Level Primary
Fireplace Features Family Room
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features In Garage
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 2
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Parking Features Driveway Down Slope From Street,Garage Faces Front
Lot Features 2-5 Units/Acre,Steep Slope
Water Source Public
Total Parking 2
Lot Size Area 4000
Lot Size Acres 0.0918
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School De Anza Elementary School
Middle School Unknown Middle School
High School Morro Bay High School

Price History

8/26/2026 Listed $799,000

Property vs Zip Code Average in 93442

Price
AVG $1.43M
$800K
Year Built
AVG 1982
1987

Areas That We Cover

2481 Nutmeg Avenue Morro Bay, CA is a Single Family Home for sale at $799000 with 1788 sqft and a lot size of 0.0918 Acres Acre(s). 2481 Nutmeg Avenue Morro Bay has 4 bedrooms, 4 baths and was built in 1987. The property's zip code is 93442 which is in Morro Bay, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.