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Price Reduced AGAIN to $1,200,000~~~We're talking about a nearly 2,000 square foot, Morro BAYFRONT HOME for $1.2 here! Don't let this opportunity escape you. Bring your Renovator's Eye to this "Diamond in the Rough!" Perched on iconic "Cuesta Inlet," this is a Bayfront opportunity with a location unlike any offered in recent times! While most of Los Osos' Morro Bayfront homes look Northward across the expanse of Morro Bay, this classic 60's home is perched on the South facing shores of the "Cuesta Inlet." Access for boaters, sailors, paddlers, kayakers and fishermen is in your backyard! Incredible views of the Cuesta Inlet, back bay Morro Bay and the Morro Sandspit give way to the rolling hills of Montana de Oro State Park in the dramatic background. Los Osos' famed "Sweet Springs" Nature Preserve is just a few blocks to the east and the challenging links at Sea Pines Golf Course are just a five iron to the South! Recreation abounds! And did I mention that this location on the "Mitchell Street Peninsula" is the coolest of neighborhoods with some of the friendliest neighbors you're apt to find on the Central Coast!!! The nearly 2,000 square foot mid-century home has experienced substantial deferred maintenance but is truly the blank canvas that a creative architectural mind will love to renovate! The house is positioned perfectly on the 50' X 100' lot to allow for expansion and/or re-orientation for view capture and more contemporary styling. Currently, most of the living area is on the upper entry level and downstairs is the bonus room, office, laundry room and spacious 2 car garage. One of the most inspirational Bayfront opportunities to hit the Los Osos market in a great while has arrived. Act now by calling your favorite Realtor and secure your home on the shores of Morro Bay's Cuesta Inlet!
Listing agent: Greg Astle DRE #00687207 greg@gregastle.com, Listing office: Greg Astle, Broker
MLS data updated 10/19/2026, 2:23:52 PM PT
Source: CRMLS, MLS #: SC24120241
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 2, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,100,000Closed sale · Aug 2, 2024ZIP 93402 · Aug 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.