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245 Driftwood St, Morro Bay, CA, 93442

4beds
3baths
2,674sqft
$1,700,000
$636price/sqft
$10,992/moest. monthly cost
$439,680/yrincome needed

About This Home

Welcome to 245 Driftwood Street in the beautiful beach town of Morro Bay. This 4 bedroom, 2.5 bath home is close distance to the Embarcadero where you can shop, dine, wine taste, kayak and walk the beach to enjoy the beautiful view of the famous Morro Rock. This two-story home features tall ceilings, wood flooring and tile throughout, stainless steel appliances and landscaping all around. This Mediterranean style home is set back from the street providing extra privacy. The bottom bedroom has its own separate entrance and a covered patio. The great room is the perfect place to sit next to the fireplace and take in the views from the large windows. The kitchen is great for entertaining with its large granite center island, Dacor stove and custom cabinetry. Off the kitchen is one of two balconies where you can enjoy the sunshine and coastal breezes. The spacious master suite has a fireplace, balcony and a large bathroom complete with a walk-in shower, jacuzzi tub, dual sinks and a separate vanity with plenty of storage space. There is even a Stiltz Lift which is an alternative to using the stairs to the second story. You won't want to miss the opportunity to own a home close to the ocean in the charming town of Morro Bay!

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

6/10
8/10
Los Osos Middle SchoolGrades 6-83.2 mi
8/10
Morro Bay High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Tile

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Double Oven,Dishwasher,Gas Cooktop,Microwave,Range Hood,Water Heater
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bathtub,Dual Sinks,Enclosed Toilet,Multiple Shower Heads,Separate Shower,Tile Counters,Tub Shower,Vanity,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Balcony,Ceiling Fan(s),Granite Counters,High Ceilings,Recessed Lighting,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Custom Covering(s),Double Pane Windows,Drapes,Screens
  • Flooring: Carpet,Stone,Tile,Wood
  • Fireplace features: Gas,Living Room,Primary Bedroom
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,674 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: See Remarks

Details

  • Parcel number: 066133011
  • Zoning: R4
  • Special condition: Standard
  • Horse amenities: Riding Trail

Features

  • Levels: Two
  • Stories: 2
  • Entry location: front
  • Pool features: None
  • Patio & porch: Covered,Front Porch,Open,Patio,Porch
  • Spa features: None
  • Has view: Yes
  • View description: Bay,Water
  • Has water view: Yes
  • Water view: Bay,Water

Lot

  • Lot size: 4,519 sqft
  • Features: Flag Lot,Sprinklers In Front
  • Lot size dimensions: 4356

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Faces Front,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Coastal Flooding
Wildfire

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $8,596$103,152
Home Insurance *$247$2,964
Property Taxes $1,576$18,912
Electricity $573$6,880
Total$10,992$131,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$376,868/yr
40% on housing$329,760/yr
45% on housing$293,120/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$636This listing

vs Other Active Listings

Avg $/sqft

ZIP 93442$436
San Luis Obispo County$560

vs Homes Sold Last Month

Median $/sqft

ZIP 93442$654
San Luis Obispo County$522

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

DateEventPrice
2025-06-04Listed for sale$1,700,000
2016-08-18Sold$950,000
2016-07-07Pending sale$975,000
2016-05-25Price change$975,000
2016-03-08Listed for sale$995,000
2014-04-14Listing removed$759,000
2014-04-10Listed for sale$759,000
2013-08-23Sold$759,000
2012-11-07Price change$779,000
2012-09-25Listed for sale$799,000
2012-07-18Listing removed$835,000
2012-06-03Listed for sale$835,000
2012-05-31Sold$776,000
2012-05-10Listed for sale$865,000
2009-05-01Listing removed$1,100,000
2009-01-27Listed for sale$1,100,000

For Sale by Agent

AgentCarrie Schechter
BrokeragePlatinum Properties

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