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457 Piney Way, Morro Bay, CA 93442

$2,950,000
  • 457 Piney Way, Morro Bay, CA 93442 Main Photo

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Active
BEDS8 BATHS6 full 2 partial SQUARE FEET4,474 MLS#NS26092999
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMorro Heights (810) SCHOOLSan Luis Coastal Unified

Listing Courtesy of: BHGRE Haven Properties
Agency Phone: 805-592-2050
Associate Name: Sheri D'Amico
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Listing Shown by: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000


Property Description

This rare, newly constructed coastal compound offers an exceptional opportunity to own a versatile four-unit property just moments from Main Street in the heart of beautiful Morro Bay. Designed for modern coastal living, multi-generational flexibility, or owner-occupied income potential, this turnkey property blends lifestyle, investment opportunity, and brand-new construction in one of the Central Coasts most sought-after communities. The centerpiece is a stunning two-story duplex featuring two spacious residences of approximately 1,768 sq ft and 1,654 sq ft, each offering 3BR/2.5BA with thoughtfully designed open-concept floor plans ideal for everyday living and entertaining. Expansive kitchen, dining, and living spaces flow seamlessly together, while second-story balconies capture partial coastline views, ocean breezes, and beautiful sunsets. Interior finishes include quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and sleek contemporary kitchens with modern coastal styling throughout. Complementing the duplex are two detached 1BR/1BA ADUs, each approximately 526 sq ft, providing exceptional flexibility for guests, extended family, executive retreats, or rental income. Both ADUs feature second-story balconies, with one offering partial ocean views from both the bedroom and deck. Built with efficiency and peace of mind in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with an individual fire sprinkler system reporting directly to the fire department. Located just minutes from downtown Morro Bay, local dining, shopping, and the waterfront, this unique property offers a rare chance to own a modern coastal legacy property with outstanding flexibility and income-producing potential. Estimated completion is June 2026. Photos will be updated as construction progresses.

457 Piney Way | MLS# NS26092999

This multi-family property located at 457 Piney Way, Morro Bay, CA 93442 is currently listed for sale with an asking price of $2,950,000. Piney Way is located within the San Luis Coastal Unified school district. Search Morro Bay real estate on www.cce-escrow.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric, ENERGY STAR Qualified Equipment
Garage: 4 car attached
Heating: Electric
Lot Size: 0.14 Acres
Stories: 2.0
Year Built: 2026

Feature Descriptions

Accessibility: None
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Community Features: Curbs, Sidewalks
Days on Site: 16
Exterior: Stucco
Fireplace: None
Flooring: Vinyl
Laundry: Laundry Room, Stacked
Lot: 2-5 Units/Acre
Parcel#: 066186015
Parking: Garage Faces Front
Parking Notes: Garage Faces Front
Patio/Porch: Deck
Sewer: Public Sewer
Special View Info: Ocean
Units: 4
Utilities: Electricity Connected
Water: Public

Local Schools

School District: San Luis Coastal Unified

Listed By / Shown By

Listed By

Agency Name: BHGRE Haven Properties
Agency Phone: 805-592-2050
Agent Name: Sheri D'Amico

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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Estimate Your Payment

Estimated Payment

$ 7,425.84 per month $6,565.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $860.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 05/16/2026. The listing information on this page last changed on 05/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/16/2026 6:15:14 PM EST) or CRMLS (last updated Sat 05/16/2026 5:58:56 PM EST) or GEMLS (last updated Sat 05/16/2026 6:13:22 PM EST) or Tehachapi MLS (last updated Sat 05/16/2026 6:00:38 PM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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