Piney Way

Morro Bay | California

The Residence of

Refined Taste

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Better Homes and Gardens Real Estate Haven Properties

Presented At

$3,150,000

Bedrooms

Bathrooms

Living

4,474

SQFT

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 1

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 2

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 3

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 4

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 5

457

Piney Way

Morro Bay | California

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States. , Morro Bay , California 93442

457 Piney Way, Morro Bay, Ca, 93442

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!

Property

3D Street View Tour

Property Location

457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States., Morro Bay California

Local Weather & Climate

Morro Bay, California

Current Conditions Updated recently

57 °F

Overcast clouds

Feels Like 57°F

Humidity 90%

Wind 4 mph

Visibility 6.2 mi

Sunrise 1:48 PM

Sunset 2:25 AM

5-Day Forecast

Thu 2 Apr

Clouds

High 64°

Low 55°

Fri 3 Apr

Clouds

High 68°

Low 51°

Sat 4 Apr

Clouds

High 73°

Low 57°

Sun 5 Apr

Clouds

High 70°

Low 59°

Mon 6 Apr

Clouds

High 65°

Low 55°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Morro Bay?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Neighborhood Demographics

ZIP 93442 • 2022 ACS Data

11,399 Population

Median Age: 52.0

$88,309 Median Income

Above Average

$809,900 Median Home Value

Rent: $1,727

42.1% College Graduates

Above Average

Housing

Homeowners 46.6%

Renters 33.6%

Vacancy Rate 19.7%

Employment

8.7% Unemployment

15.7% Work From Home

Education Attainment (Age 25+)

High School+ 92.6%

Bachelor's+ 42.1%

Graduate+ 18.4%

Data from U.S. Census Bureau American Community Survey 2022

Local Market Trends

Real estate market data for Morro Bay

Balanced Market Balanced market conditions

$957,923

Median Sale Price

$2,507/mo

Avg Rent

Data provided by RentCast

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States have?

This apartment at 457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States features 8 bedrooms with 4,474 square feet of living space.

What is the size of 457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States?

This property offers 4,474 square feet of living space.

What is the listing price for 457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States?

This property is listed at $315,000,000, which equals $70407 per square foot.

What type of property is 457 Piney Way, Morro Bay, CA 93442, Morro Bay, California, United States?

This is a apartment located in Morro Bay, California. The property is situated in an established neighborhood with convenient access to local amenities and services.