Active

457 Piney Way

Morro Bay, CA 93442

$2,779,000 $11,716/Mo

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Overview

Bed

Bath

4,474

Sqft

6,300

Sqft(Lot)

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 par tial 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.

Property Details

Property Type : Residential

Price : $2,779,000

AD Id : 77848019

MLS Id : NS26092999

Beds : 8

Lot Size : 6,300 Sqft

Living Area Size : 4,474

Year Built : 2026

Garage : 4

County : San Luis Obispo

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 8

Bathroom Information

Total Baths: 8 Full Baths: 6 Half Baths: 2

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Refrigerator Fireplace: None Flooring: Vinyl
Cooling Features

Electric,ENERGY STAR Qualified Equipment Air Conditioning

Heating Source

Electric Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 2026 Construction: Stucco
Foundation

Slab
Accessibility Features

None

Pool Features

None

Laundry Features

Laundry Room,Stacked

Patio And Porch

Deck

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1446
Lot Size Source: Assessor Lot Size Square Feet: 6300

Listing Price Information

Original List Price: 2,779,000 Listing Contract Date: 2026-04-29
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 066186015

Garage and Parking

Garage Description: Garage Faces Front Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: MRBY - Morro Bay Directions: From Morro Bay Blvd South, take Left on Piney Way to corner of Piney Way and Vista Source Property Type: Residential Area: MRBY - Morro Bay Property SubType: Duplex
Building and Construction

Property Age: 0 Common Walls: 1 Common Wall Property Condition: Under Construction Structure Type: Duplex Year Built Source: Builder Total Square Feet Living: 4474 Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2 Structure Type: Duplex

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1187 Main, Morro Bay, CA, 93442	$1,649,000	4	4	2,975	2,975 SqFt

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ByOwner last updated this listing 06/12/2026 @ 15:23

MLS: NS26092999 LISTED BY: Sheri D'Amico, BHGRE Haven Properties 805-592-2050 SOURCE: CRMLS