457 Piney Way Morro Bay, CA $ 3,150,000
457 Piney Way
$ 3,150,000
Recently Listed New Construction
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457 Piney Way

Morro Bay, CA, 93442
$ 3,150,000
Bedrooms8 Baths6.2 Sq 4,474

Monthly Estimate*

$ 19,395

Listed by BHGRE Haven Properties
457 Piney Way, Morro Bay, CA 93442 - Image 1
457 Piney Way, Morro Bay, CA 93442 - Image 2
457 Piney Way, Morro Bay, CA 93442 - Image 3
457 Piney Way, Morro Bay, CA 93442 - Image 4
457 Piney Way, Morro Bay, CA 93442 - Image 5
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Multi-Family Home for sale in Morro Bay, CA

for $3,150,000 with 8 bedrooms and 6 full baths, 2 half baths. This 4,474 square foot home was built in 2026 on a lot size of 0.1446.

Welcome to 457 Piney Way, a brand-new, coastal multi-unit residence ideally located just moments from Main Street in the heart of beautiful Morro Bay. This newly constructed four-unit property offers a rare opportunity for multi-generational living or income-producing ownership in one of the Central Coast’s most desirable communities. The centerpiece of the property is a two-story duplex, with each unit featuring 3BRs/2.5BA. Thoughtfully designed for modern coastal living, both residences include second-story balconies with partial views of the Morro Bay coastline, perfect for enjoying ocean breezes and sunset skies. Inside, the homes showcase new Milgard dual-pane windows, quartz countertops, and contemporary kitchens with clean, modern finishes throughout. In addition, the property includes two ADUs, each approximately 526 square feet and offering one bedroom and one bath. These well-appointed units also feature second-story balconies, extending the coastal lifestyle outdoors and providing excellent flexibility for extended family, guests, or rental income. One ADU features partial ocean views from bedroom and deck. This new construction, turnkey property presents an exceptional opportunity to own a versatile, income-generating asset just minutes from downtown Morro Bay, dining, shopping, and the waterfront. A rare chance to secure a modern slice of Morro Bay living, don’t miss it!

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Multi-Family Active

Price

$ 3,150,000

Bedrooms

8

Full Bath

6

Half Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1446

Year Built

2026

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

NS26008389

Days on Market

13

Features
General
Living Area 4474
Sewer Public Sewer
Heating Electric
Cooling Electric ENERGY STAR Qualified Equipment
Utilities Electricity Connected
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater Refrigerator
HOA Fee 0
Garage Spaces 4
Patio/Porch Features Deck
Pool Features None
Construction Materials Stucco
Year Built 2026
Electric Photovoltaics Seller Owned
View Ocean
Stories Count 2
Levels Two
Property Subtype Duplex
Community Features Curbs Sidewalks
Accessibility None
County San Luis Obispo
New Construction true
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Morro Heights (810)
Garage Y/N true
Full Baths 6
Special Listing Conditions Standard
Status Active
Directions From Morro Bay Blvd South take Left on Piney Way to corner of Piney Way and Vista
High School Morro Bay
City Morro Bay
Entry Location 1
Senior Community Y/N false
High School District San Luis Coastal Unified
Number Of Units Total 4
MLS Area MRBY - Morro Bay
Lot Size Units Square Feet
Lot Size Square Feet 6300
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Property Condition Under Construction
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Builder
Tax Lot 8
Property Sub Type Additional Duplex
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 2
Laundry Features Laundry Room Stacked
Total Bedrooms 8
Entry Level 1
Main Level Bedrooms 4
Main Level Bathrooms 2
Total Baths 8
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Exterior
Parking Features Garage Faces Front
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 6300
Foundation Details Slab
Lot Size Acres 0.1446
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street
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* Excluded Features
List By
Bhgre Haven Properties

Broker

sheri@pasopremier.com

Email

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$19,395
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$19,395
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Morro Bay High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$3,150,000 Listed Price

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457 Piney Way, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $3,150,000 with 4,474 sqft and a lot size of 0.1446. 457 Piney Way has 8 bedrooms, 6.2 baths, and was built in 2026. The property's zip code is 93442 which is in Morro Bay, CA