About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

498 Orcas St, Morro Bay, CA 93442

$536,500

Last sold 03/26/2026 after 158 Days

2
bed
2
bath
1,854
Sqft ($289/Sqft)

House not for sale

About 498 Orcas St

Property type House

Year built 1995

HOA fee $0/month

Lot size 2,400 Sqft

Movoto estimate

Rental estimate

Property description

Set high above at the top of the street commanding panoramic ocean views, this property presents a rare opportunity to complete a dream coastal retreat. The open, modern layout design and ready for your creative finishing touches--ideal for those with a vision. Currently amid an unfinished remodel, much of the property is exposed wood studs and requires completion. The new owner will need to submit plans to the city for permits. The home is temporarily supported by scaffolding, which will transfer with the property, with the buyer to assume the lease costs. Whether you're a seasoned investor or a hands-on homeowner looking for your next project, this property offers unmatched potential in a prime location with world-class views.

Listed by

Listing Agent - Evan Remedios

Listing Office - RE/MAX Gold Coast REALTORS

Source: CRMLS

MLS#V1-32963 • last updated 5 months ago

Movoto checked CRMLS for data 4 minutes ago

Overview
Levels/Style	Three Or More, House
Type	Residential
SubType	Single Family Residence
Status	Closed
Living Area	1854
Lot Size (Acres)	0.0551
Lot Size (SqFt)	2400
Year Built	1995
Condition	Repairs Major, Fixer

Interior
Total # of Bathrooms	2
# Full Baths	2
Total # of Bedrooms	2
Laundry	Inside
Other Room(s)	Main Floor Primary Bedroom
Appliances	Refrigerator

Exterior
Parking	Carport
# Carport Spaces	2
# Parking Spaces	2
Lot Description	Sprinklers None
Patio/ Porch	None

Amenities / Utilities
Fireplaces	None
Sewer/ Septic	Public Sewer
Water Source	Public
Spa	None
Pool	None

Location
View	Coastline, Ocean, Water
County	San Luis Obispo
Community Features	Suburban
Directions	From Main St Turn Onto Orcas St. Property Is The Last Property On Orcas St On The Right.
APN	65057030

$535K

Range: $508K-$561K

Last 30 days

Rental est.: $1,788/month

• Gross rent multiplier: 25.0

Lower your payment with the loan terms that fit you.

Mar 2026
MLS # V1-32963
Mar 26, 2026 Sold
$536,500
Jan 14, 2026 Pending
—
Jan 7, 2026 Listed
—
Dec 23, 2025 Pending
—
Dec 7, 2025 Listed
—
Nov 19, 2025 Pending
—
Oct 19, 2025 Listed
$625,000
Mar 2026
Public Records
Mar 26, 2026 Sold
$536,500 (-14.2%)

Year Property taxes Tax assessment
2024
$2,767 +1.9%

$257,365
2023
$2,715 +6.7%

$257,365 +2.0%
2022
$2,544 +1.7%

$252,319 +2.0%
2021
$2,502 +1.1%

$247,373 +2.0%
2020
$2,475 +1.1%

$242,523 +1.04%
2019
$2,448 +2.1%

$240,037 +2.0%
2018
$2,399 +2.1%

$235,332 +2.0%
2017
$2,350 +2.1%

$230,719 +4.04%
2016
$2,303 +1.6%

$221,762
2015
$2,267

—

498 Orcas St
$536K
—
93442
$975K -22% y/y
Morro Bay
$975K -22% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
490 Orcas St, Morro Bay, CA 93442	$1,056,000	3/—	2,236	0.01
493 Oahu St, Morro Bay, CA 93442	$1,144,000	4/3	2,552	0.01
485 Oahu St, Morro Bay, CA 93442	$1,006,000	3/3	1,854	0.02
497 Orcas St, Morro Bay, CA 93442	$413,000	2/2	1,360	0.02
491 Orcas St, Morro Bay, CA 93442	$1,039,000	2/2	1,980	0.02
478 Orcas St, Morro Bay, CA 93442	$1,151,000	2/3	2,220	0.02
479 Oahu St, Morro Bay, CA 93442	$1,076,000	3/2	1,962	0.02
485 Orcas St, Morro Bay, CA 93442	$1,040,000	—/—	2,092	0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.