Morro Bay, CA 93442,331 Panay ST

$435,000

Est. payment /mo

$475,000

8.4%
Est.Price: ?

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331 Panay ST Morro Bay, CA 93442

2 Beds

1 Bath

442 SqFt

SOLD DATE : 09/28/2023

Key Details

Sold Price $435,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 442 sqft

Price per Sqft $984

Subdivision North Morro Bay (820)

MLS Listing ID SC23132584

Sold Date 09/28/23

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1940

Lot Size 2,400 Sqft

Acres 0.0551

Property Description

New Roof has been added to this Ocean View property with an easy walk to the beach. Discover this Morro Bay cottage, nestled just minutes away from pristine beaches. Built in the 1940s, this home features 2 bedrooms and 1 bathroom.  The cozy cottage is livable but the true value lies in building your beautiful future home on this location.  The lot is already set with water, gas, and electric connections and provides a great head-start for building your dream home. Whether you seek a permanent residence by the beach, a delightful vacation getaway, or a lucrative investment opportunity, this property holds possibilities for you. While you contemplate your future plans, you can enjoy the cottage for personal use or rent it out for additional income. Most likely requiring a cash deal, the owner may, however, be open to considering financing options for the right buyer.  Don't miss out on this chance to secure great views in Morro Bay's coastal paradise and unlock the potential of this property. Act now and turn your dreams into reality!

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Zoning R1

Rooms

Main Level Bedrooms 2

Ensuite Laundry None

Interior

Interior Features Bedroom on Main Level

Laundry Location None

Heating Natural Gas, Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Fence Chain Link

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Peek-A-Boo, Water

Porch None

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 065051015

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christine McDonald • Coastal Real Estate
Bought with Jessica Micklus • 805 Real Estate, Inc.

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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