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Real Estate/CA/Morro Bay/331 Panay Street (Sold)
Main
SOLD
SoldClosed on June 16, 2025
$550,000
Sold Price

331 Panay Street, Morro Bay, CA 93442

bed
2
Bedrooms
bathtub
1
Bathrooms
square_foot
442
Square Feet

About this home

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.

infoProperty Facts

bed

Bedrooms

2

bathtub

Bathrooms

1

square_foot

Square Feet

442

landscape

Lot Size

2,400 sqft

calendar_month

Year Built

1940

home_work

Property Type

Single Family Residence

timer

Days on Market

106

payments

HOA Fee

N/A

garage

Garage Total

0

fingerprint

MLS #

PI25021064

chairInterior Details

General Interior

Interior Features

Breakfast Bar, Eat In Kitchen, All Bedrooms Down

Flooring

Vinyl

Kitchen & Appliances

Laundry

Washer Hookup, Gas Dryer Hookup

Bed & Bath

Main Level Master

Yes

Climate Control

Heating

See Remarks, Wall Furnace

deckExterior & Lot

Building & Construction

Patio & Porch

Deck, Porch

Nearby Schools

RatingSchool NameGradesDistance
8
Del Mar Elementary
Elementary School
K-50.5 mi
8
Morro Bay High
High School
9-121.4 mi
9
Cayucos Elementary
Elementary School
K-84.1 mi

Convenience Score

Topfind Realty

This Home is Sold

Curious what your home is worth? Get a free valuation.

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(800)-330-9306Available 9AM - 6PM

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