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457 Piney Way

Morro Bay, CA 93442
  • $2,950,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: NS26092950
UPDATED: 53 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 property offers a rare opportunity to own a brand-new, coastal multi-unit residence just moments from Main Street in the heart of beautiful Morro Bay. This newly constructed four-unit property offers exceptional flexibility for multi-generational living, investment income, or owner-occupied rental potential in one of the Central Coast’s most sought-after communities.The centerpiece of the property is a two-story duplex featuring two spacious residences, one offering 1,768 sq ft and the other 1,654 sq ft, each with 3BR/2.5BA. Thoughtfully designed with open-concept floor plans for modern coastal living, both homes provide seamless flow between the kitchen, dining, and living spaces, creating a bright and inviting atmosphere ideal for everyday living and entertaining. Each residence also features second-story balconies with partial coastline views, creating the perfect setting to enjoy ocean breezes and stunning sunsets. Inside, the homes showcase quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean, modern finishes throughout.Complementing the duplex are two detached ADUs, each approximately 526 sq ft with 1BR/1BA. These well-appointed units also include second-story balconies, offering additional outdoor living space and versatility for extended family, guests, or rental income. One ADU features partial ocean views from both the bedroom and deck.Built with efficiency and safety in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with its own fire sprinkler system that reports directly to the fire department for added peace of mind. This turnkey new construction offers an exceptional opportunity to own a versatile, income-producing asset just minutes from downtown Morro Bay, local dining, shopping, and the waterfront. Estimated completion is late May to early June—don’t miss your chance to secure a modern slice of coastal living. Photos will be updated as project progresses.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T18:36:11.68. 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 RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175965077
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457 Piney Way Morro Bay, CA 93442

  • Price: $2,950,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 53 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 property offers a rare opportunity to own a brand-new, coastal multi-unit residence just moments from Main Street in the heart of beautiful Morro Bay. This newly constructed four-unit property offers exceptional flexibility for multi-generational living, investment income, or owner-occupied rental potential in one of the Central Coast’s most sought-after communities.The centerpiece of the property is a two-story duplex featuring two spacious residences, one offering 1,768 sq ft and the other 1,654 sq ft, each with 3BR/2.5BA. Thoughtfully designed with open-concept floor plans for modern coastal living, both homes provide seamless flow between the kitchen, dining, and living spaces, creating a bright and inviting atmosphere ideal for everyday living and entertaining. Each residence also features second-story balconies with partial coastline views, creating the perfect setting to enjoy ocean breezes and stunning sunsets. Inside, the homes showcase quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean, modern finishes throughout.Complementing the duplex are two detached ADUs, each approximately 526 sq ft with 1BR/1BA. These well-appointed units also include second-story balconies, offering additional outdoor living space and versatility for extended family, guests, or rental income. One ADU features partial ocean views from both the bedroom and deck.Built with efficiency and safety in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with its own fire sprinkler system that reports directly to the fire department for added peace of mind. This turnkey new construction offers an exceptional opportunity to own a versatile, income-producing asset just minutes from downtown Morro Bay, local dining, shopping, and the waterfront. Estimated completion is late May to early June—don’t miss your chance to secure a modern slice of coastal living. Photos will be updated as project 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 2026-05-13T18:36:11.68. 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 RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Sheri D'amico of BHGRE Haven Properties (805-592-2050) and Tim Harris of BHGRE Haven Properties(805-592-2050)