




479 Orcas St, Morro Bay, CA, 93442
About This Home
Offered for the first time since it was built in 1964, this Morro Bay property has been owned by the same family for more than six decades. Originally constructed by the seller's father, the home reflects a simpler era of coastal living. Situated on a 2,200 square foot lot, the approximately 550 square foot residence is compact yet functional, featuring an open living area, kitchen, full bathroom, and a separated sleeping space. The current bedroom area is divided by a partition wall, offering privacy while maintaining an open feel, with potential for a more traditional bedroom configuration if desired. Ocean views can be enjoyed from the south-facing windows and front yard, creating a relaxing coastal atmosphere just minutes from everything Morro Bay has to offer. Two storage sheds in the backyard provide additional space for tools, hobbies, or recreational equipment. Whether you're looking for a cozy coastal retreat, a weekend getaway, an investment opportunity, or a property with future development potential, this offering deserves a closer look. Buyers are encouraged to investigate building and development possibilities directly with the City of Morro Bay and to verify all property information, including square footage, lot size, zoning, permitted uses, development potential, and condition of improvements to their satisfaction. Properties with this kind of character, ocean views, and future potential rarely come available. Bring your vision and imagine the possibilities.
Getting Around
Schools
Construction
Condition
- Property condition: Fixer
- Year built: 1964
Materials
- Foundation: Slab
- Roof: See Remarks
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Oven,Refrigerator,Water Heater
- Laundry features: Washer Hookup,Inside,In Kitchen,See Remarks
Bathroom
- Features: Tub Shower
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- All Bedrooms Down
- Flooring: Carpet,Laminate
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total interior livable area: 550 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 065056027
- Special condition: Standard,Trust
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Patio & porch: None
- Spa features: None
- Has view: Yes
- View description: Hills,Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Lot size: 2,200 sqft
- Features: 0-1 Unit/Acre,Back Yard
Parking
- Parking features: Concrete,Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Tsunami
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Luis Obispo County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $554 | $6,648 |
| Electricity | $398 | $4,786 |
| Total | $4,067 | $48,804 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-27 | Price change | $599,000 |
| 2026-06-09 | Listed for sale | $625,000 |
