$1,624,000 - 430 Olive Street, Morro Bay

  • 3Beds
  • 4Baths
  • 2,400SQ. Feet
  • 0.21Acres

Morro Bay Home Sale

Coastal Retreat Backing Up to Cerrito Peak – Ocean Views & Prime Location! Enjoy the best of Morro Bay living in this stunning tri-level home with 3 bedrooms and 3 full baths and 1-¾ bathrooms, perfectly situated in the coveted Morro Heights neighborhood. This unique property backs up to scenic Cerrito Peak, offering a rare blend of privacy, nature, and spectacular ocean views. Inside, you'll find a spacious living room and comfortable family room, both with access to a large entertainer’s patio—ideal for soaking in sunsets or hosting guests. The kitchen features granite countertops, while wood and ceramic tile flooring runs throughout the home. Two of the bathrooms include oversized Jacuzzi tubs, and the home is enhanced by ceiling fans and abundant lighting, both indoors and out. Just a short walk to the Embarcadero and downtown Morro Bay, this home delivers coastal living at its finest, with nature as your backyard and the ocean as your view. Possibly lock off top floor which has a separate entry for separate guest quarters or rent. Additionally, the owner live in lower 2 levels which includes the family room, kitchen, living room, full bath and large patio on 2nd level and ground floor master suite, 1 full bathroom and also a 3/4 bath and laundry area.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
  • Parking Spaces2
  • ParkingAsphalt, Concrete, Door-Multi, Driveway, Driveway Up Slope From Street, Garage, Garage Door Opener, Garage Faces Front, Paved
  • # of Garages2
  • GaragesAsphalt, Concrete, Door-Multi, Driveway, Driveway Up Slope From Street, Garage, Garage Door Opener, Garage Faces Front, Paved
  • ViewCoastline, Ocean, Panoramic
  • PoolNone
  • SecurityCarbon Monoxide Detector(s), Smoke Detector(s)

School Information

  • DistrictSan Luis Coastal Unified
  • HighMorro Bay

Essential Information

  • MLS® #SC25107871
  • Price$1,624,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths3
  • Square Footage2,400
  • Acres0.21
  • Year Built1956
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusClosed
  • Listing AgentLorraine Sterkel
  • Listing OfficeHorizon Realty & Property Mgt

Exterior

  • ExteriorBlock, Stucco
  • Lot DescriptionZeroToOneUnitAcre
  • WindowsDouble Pane Windows
  • ConstructionBlock, Stucco
  • FoundationSlab

Additional Information

  • Date ListedMay 15th, 2025
  • Days on Market205
  • ZoningR2
  • Short SaleN
  • RE / Bank OwnedN

Community Information

  • Address430 Olive Street
  • AreaMRBY - Morro Bay
  • SubdivisionMorro Heights (810)
  • CityMorro Bay
  • CountySan Luis Obispo
  • Zip Code93442

Interior

  • InteriorCarpet, Stone, Wood
  • Interior FeaturesBalcony, Bar, Beamed Ceilings, Block Walls, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Track Lighting, Walk-In Closet(s), Wet Bar
  • AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • HeatingDuctless, Electric
  • CoolingDuctless, Electric
  • FireplaceYes
  • FireplacesFamily Room
  • # of Stories3
  • StoriesThree Or More

Price Change History for 430 Olive Street, Morro Bay, (MLS® #SC25107871)

Date Details Price Change
Closed
Pending
Active Under Contract (from Active)
Price Reduced $1,624,000 $225,000 (12.17%)
Price Reduced $1,849,000 $50,000 (2.63%)
Show More (1)

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Based on information from California Regional Multiple Listing Service, Inc. as of February 2nd, 2026 at 7:56pm PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.