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$779,000 Just Listed
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Property Description
Enjoy ocean views, Morro Rock, and the iconic Stacks from the sunny upper deck of this versatile Morro Bay property. This recently updated home features an upstairs 1-bedroom, 1-bath residence with a kitchen and views from the living area. The separate downstairs unit offers 1 bedroom, 1 bath, its own kitchen, private entrance, and patio. The downstairs kitchen features new granite countertops and a gas stove. Recent improvements throughout include new flooring, paint, windows, ceiling fans, and heating. Separate laundry area with a full bath conveniently located nearby. A charming detached artist studio/office adds versatility, along with fabulous yard space. Ideal for extended family, multigenerational living, or investment, with the potential to live in one residence and rent the other. A unique coastal property with ocean views, conveniently located near Spencer's, shops, and restaurants!
Full Property Details
Full Property Details for 540 Avalon St
General
- Price: $779,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SC26221065
- Updated: 10/18/2026
- Days on Market: 6 days
- Added to Site: 6 day(s) ago
Interior
- Rooms/Areas: See Remarks
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar
- Appliances: Microwave, Refrigerator, Range Hood, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Patio, Deck
Parking
- Parking: Driveway Level
Location
- County: San Luis Obispo
- Subdivision: North Morro Bay (820)
- Driving Directions: cs Main Street
School Information
- School District: San Luis Coastal Unified
- Elementary School: DEMA
- Middle School: LOSOSS
- High School: MORRB
Community
- Community Features: Biking, Dog Park, Park
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage
- Structure Type: Single Family Residence
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: street/up
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 907
- Sq. Ft. Source: Assessor
- Year Built: 1949
- Year Built Source: Assessor
- Property Condition: Termite Clearance
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.0643
- Lot Size (Sq. Ft.): 2,800
- Lot Size Source: Assessor
- Zoning: R1
- Lot Description: Level with Street, Level, Front Yard, Back Yard
- Fencing (Description): Good Condition
Financial Considerations
- Price Per Sq. Ft.: $858.88
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Refrigerator(s), gas stove (s), dishwasher, microwave
Listed by Compass, Christine Rosenfeld
Get Pre-Approved Today
Schools
Schools serving 540 Avalon St
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442 | K-6 | 0.8 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 4.6 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 Avalon St
Date
Details
Price
Change
Source
10/15/2026
Listed
$779,000
41.64%
MLS
6/12/2024
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 Avalon St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,982
—
$738,684
2%
2025
$7,982
37%
$724,200
35%
2023
$5,823
—
$536,639
2%
2023
$5,823
7%
$526,117
2%
2022
$5,458
2%
$515,802
2%
2021
$5,372
1%
$505,689
1%
2020
$5,317
1%
$500,505
2%
2019
$5,261
2%
$490,693
2%
2018
$5,158
2%
$481,073
2%
2017
$5,057
14%
$471,641
14%
2016
$4,450
—
$415,000
—
2015
$4,449
27%
$415,000
19%
2014
$3,514
17%
$350,000
17%
2013
$3,012
—
$300,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 Avalon St
540 Avalon Street, Morro Bay, CA 93442 (MLS# SC26221065) is a Single Family property with 2 bedrooms and 3 full bathrooms. 540 Avalon Street is currently listed for $779,000 and was received on October 15, 2026. Want to learn more about 540 Avalon Street? Do you have questions about finding other Single Family real estate for sale in Morro Bay? You can browse all Morro Bay real estate or contact a Coldwell Banker agent to request more information.

