331 Panay Street Morro Bay, CA 93442
Listing Courtesy of: CRMLS / Compass California, Inc.-Pb / Jessica Padilla - Contact:  805-769-8779

  331 Panay Street Morro Bay, CA 93442

Sold (106 Days)
$550,000
2
BED
1
BATH
442
SQFT

Description

Incredible investment opportunity! Recently renovated beach bungalow with ocean views in highly desirable North Morro Bay. Perfect for an investment, beach home, or the starting point for a beautifully designed custom home. Included in the sale are renderings of a potential future 2BR / 2BA home (approx 1200 sf) with a garage, attached 700 sf ADU and rooftop deck - taking full advantage of ocean and hillside views.



Step inside to discover a thoughtfully updated interior, featuring renovated kitchen & bathroom with painted wood cabinets and beautiful epoxy countertops. The open layout creates a warm and inviting atmosphere, ideal for relaxation. Recent upgrades include all new: roof, windows & doors, electrical, plumbing, flooring, (3) wall heaters, paver patio, paver entry path, deck, gutters, patio cover, storage shed, interior & exterior paint.



Whether you're enjoying your morning coffee on the porch or hosting a gathering on the spacious patio, the outdoor spaces are designed to enhance your connection with nature. The fenced front and back yards offer privacy and ample space for gardening or future development.



For added convenience, the home includes two outdoor storage sheds (one is built to support a roof top deck - check with the city for potential ADU conversion), washer and dryer hookups, as well as on-site parking. This property truly embodies the essence of coastal living, offering a tranquil retreat just moments from the pristine beaches and vibrant heart of Morro Bay.



Don't miss the opportunity to make this charming house your new home or investment project. Experience the beauty and potential of 331 Panay today!



*All information deemed reliable but not guaranteed. Buyer to verify all information.

MLS #:
PI25021064
Lot Size
2,400 SQFT
Type
Single-Family Home
Year Built
1940
Style
Bungalow
Views
Mountain(s), Ocean
School District
San Luis Coastal Unified
County
San Luis Obispo County
Community
North Morro Bay (820)

Listed By

Jessica Padilla, Compass California, Inc.-Pb, Contact: 805-769-8779
Bought with
Trudy Burley-Glasspool, Bhgre Haven Properties
Source
CRMLS
Last checked Jun 17 2025 at 11:42 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • All Bedrooms Down
  • Breakfast Bar
  • Laundry: Gas Dryer Hookup
  • Laundry: Washer Hookup
  • Windows: Double Pane Windows
Subdivision
  • North Morro Bay (820)
Heating and Cooling
  • See Remarks
  • Wall Furnace
Flooring
  • Vinyl
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
Stories
  • 1
Living Area
  • 442 sqft
Additional Information: Compass California, Inc.-Pb | 805-769-8779
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.