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941 Marina, Morro Bay, CA 93442

$849K3bd · 2ba · 1,243 sqft
Lot 5,000 sqft•Single Family Residence•
Active
•5d on market•MLS# SC-25273827

Property Description

PRICE REDUCED and a newly painted interior!! Welcome to 941 Marina Street, an exceptional address in Morro Bay's sought after heights area. This home commands attention with its elevated position, offering views toward the bay and harbor. The well-proportioned interior with outdoor living spaces, proximity to the waterfront, local eateries and the regions famed natural beauty, give you a rare blend of convenience and serenity. Whether you're seeking a full-time residence, a seasonal retreat, or a savvy investment in a premium zone, this property checks all the boxes and deserves immediate attention. Contact a Realtor today to explore the unique features and envision yourself living the Morro Bay dream.

Features & Amenities

FeeBuilt 1966

Property Details

Land Type
Fee
Year Built
1966
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Bay, Hills
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byUnknown Office, Kathleen Thomson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,293.01
Principal & Interest
Loan Amount
$679,200
Total Interest
$866,282
Total Payment Over 30 Years
$1,545,482
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

941 Marina, Morro Bay, CA 93442

Morro Bay · Single Family Residence

$849K
Affordable Tier
Beds
3
Baths
2
Sqft
1,243
Lot
5,000 sqft
Year
1966
$/Sqft
$683
Pool: No✓
View: Bay, Hills✓
Garage: 1-car✓

Listed 6.8% above the median closed sale of $795,000. Price per sqft ($683) is a 11% discount to closed comps ($769).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $849K· $683/sqft
Total list price
Closed comps
vs closed median $795K
+$54K (+6.8%)
Active comps
vs active median $1.08M
−$236K (−21.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $719
−$36 (−5.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
912 Pacific StreetMorro Bay1957321,3525,000$655$885,0007791
182 Luzon StreetMorro Bay1965321,4896,970$805$1.20M9587
2646 Koa AvenueMorro Bay1974331,4724,000$737$1.08M1583
1378 BerwickMorro Bay1985321,4914,000$801$1.20M3883
2760 Elm AvenueMorro Bay1950221,4004,000$596$835,0002882
Total: 5 · Average2.82.21,440.84,794$718.8$1.04M50.6
Median1,472$1.08M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1107 Balboa StMorro Bay195108/27/2026321,1775,000$1.20M$1.30M$1,1051.082892
381 RennellMorro Bay197209/28/2026321,0352,400$809,000$795,000$7680.987786
490 FresnoMorro Bay195208/14/2026311,2005,464$845,000$780,000$6500.928786
2631 HemlockMorro Bay196805/29/2026331,3322,800$959,000$912,500$6850.953986
369 DunbarMorro Bay197405/29/2026221,1284,600$749,900$720,000$6380.969985
Total: 5 · Average2.82.01,174.44,052.8$901,500$901,500$769.2—66
Median1,177$795,000$795,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.