537 Estero Avenue Morro Bay CA 93442 | MLS #SC26240044
535 & 537 Estero Avenue is a unique 2 units-on-one-lot offering. Both cottages are one-bedroom, one bath units that have excellent rental histories. This is a fabulous walk-to-downtown neighborhood with great development potential. Morro Bay Planning indicates multi-dwelling-plus-ADU-potential. This is a great opportunity to imagine your project while collecting rents on the two cottages. Tour the neighborhood and you’ll see the creativity that is abundant in the newer homes. Shopping, theatre, restaurants and shops are just a short distance. These units date back to the mid-thirties but still have great potential as rentals. Morro Bay Planning encourages in-person visits to their offices for development discovery purposes. Both cottages are one-bedroom, one-bath units that share one water meter and separate electric and gas meters. Contact your Realtor to visit this unique offering today!
Property Details
Price:
$829,000
MLS #:
SC26240044
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Morro Heights 810
Neighborhood:
mrbymorrobay
Listed Date:
Nov 11, 2026
Finished Sq Ft:
1,022
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1935
See this Listing
Schools
School District:
San Luis Coastal Unified
High School:
Morro Bay
Interior
Appliances
Gas Cooktop, Gas Oven
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Vinyl, Carpet, Stone
Heating
Wall Furnace
Laundry Features
Laundry Room, See Remarks
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Accessibility Features
None
Architectural Style
Ranch
Common Walls
No Common Walls
Community Features
Watersports, Golf, Biking, Fishing
Construction Materials
Wood Siding, Brick, Concrete, Glass, Drywall Walls
Fencing
Wood
Lot Features
0-1 Unit/Acre
Open Parking Spaces
4
Open Parking YN
1
Other Structures
Shed(s)
Parking Features
Gravel, Driveway Down Slope From Street, Driveway – Combination, Paved, Driveway, Tandem Uncovered
Parking Spots
4
Parking Total
4
Patio And Porch Features
See Remarks
Roof
Composition, Metal
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features
None
Stories
1
View
Peek-A-Boo
Financial
Map
Community
- Address537 Estero Avenue Morro Bay CA
- SubdivisionMorro Heights (810)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
Subdivisions in Morro Bay
Market Summary
Current real estate data for Single Family in Morro Bay as of Nov 11, 2026
30
Single Family Listed
102
Avg DOM
915
Avg $ / SqFt
$1,480,193
Avg List Price
Property Summary
- Located in the Morro Heights (810) subdivision, 537 Estero Avenue Morro Bay CA is a Single Family for sale in Morro Bay, CA, 93442. It is listed for $829,000 and features 2 beds, 2 baths, and has approximately 1,022 square feet of living space, and was originally constructed in 1935. The current price per square foot is $811. The average price per square foot for Single Family listings in Morro Bay is $915. The average listing price for Single Family in Morro Bay is $1,480,193. To schedule a showing of MLS#sc26240044 at 537 Estero Avenue in Morro Bay, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Greg Astle, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.537 Estero Avenue
Morro Bay, CA