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457 Piney Way

Morro Bay, CA 93442
  • $2,950,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: NS26092950
UPDATED: 34 min ago
$2,950,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2026
County:

School Ratings & Info

Listing Agent(s): Sheri D'amico of BHGRE Haven Properties (805-592-2050) and Tim Harris of BHGRE Haven Properties(805-592-2050)


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 Coast’s 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T13:30:06.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/175965077
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457 Piney Way Morro Bay, CA 93442

  • Price: $2,950,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 34 min ago
  • ID#: NS26092950
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2026
Built
Neighborhood:
Morro Heights (810)
County:
San Luis Obispo
Area:
MRBY - Morro Bay
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 Coast’s 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.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location 1 Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features Garage Faces Front Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved View Ocean View YN Yes

Interior Features

Accessibility Features None Appliances DishwasherElectric OvenElectric RangeElectric Water HeaterRefrigerator Common Walls 1 Common Wall Cooling ElectricENERGY STAR Qualified Equipment Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Vinyl Heating Electric Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Photovoltaics Seller Owned Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Laundry RoomStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 0 New Construction YN Yes Number Of Separate Gas Meters 0 Number Of Separate Water Meters 4 Operating Expense 0 Property Condition Under Construction Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Electricity Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T13:30:06.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Sheri D'amico of BHGRE Haven Properties (805-592-2050) and Tim Harris of BHGRE Haven Properties(805-592-2050)