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240 Terra St, Morro Bay, CA 93442

List Price: $1,199,000On Market FlagOn market
Aug 15, 20251,590 sqft3 beds3 baths
Listed by: Greg Astle
License #: 00687207
Phone #: 805-423-7653
Greg Astle, Broker
Source:
CRMLS Logo
MLS #: SC25174220

Property Description

Welcome to the entrance to Morro Bay's "Beach Tract," 240 Terra! Once known as the sales office for the subdivision back in 1967, this home's unique floor plan and ample square footage can also boast of the high quality building standards that were the order of the day. Sitting on a HUGE lot--over 7500 square feet--the potential for a myriad of uses such as exterior storage, addition to the existing dwelling and possibly even an ADU! (Accessory Dwelling Unit). The bedrooms exist in two separate "wings" of the home, allowing activity on one side while the other supports quietude. The pictures speak for themselves, as do the aerial shots display graphically just how much open lot remains for further landscape, dwelling expansion, etc. And for the handyman, a fully powered workshop on the southeast corner of the lot is a Craftsman's dream. The sellers will consider offers including furnishings and well as some or all of the vast array of tools in the workshop. This one's a winner! Call your Realtor today for your own personal showing of 240 Terra!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,547

TurboHome Estimated Value

$984,400

$619 sqft

High Valuation
$1,033,620
$650/sqft
Normal Valuation
$984,400
$619/sqft
Low Valuation
$935,180
$588/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$619/sqft$984,400

Neighborhood: Beach Tract(730)

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Comparative Value

$785K

$850K

$894K

$920K

$1.07M

$1.20M

381 Kodiak St, Morro Bay, CA 93442

Sale Price: $785,000

Selected Comparable

410 Mindoro St, Morro Bay, CA 93442

Sale Price: $850,000

Selected Comparable

420 Jamaica St, Morro Bay, CA 93442

Sale Price: $894,000

Selected Comparable

480 Java St, Morro Bay, CA 93442

Sale Price: $920,000

Selected Comparable

181 Java St, Morro Bay, CA 93442

Sale Price: $1,070,000

Selected Comparable

240 Terra St, Morro Bay, CA 93442

List Price: $1,199,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
240 Terra St, Morro Bay, CA 93442

240 Terra St, Morro Bay, CA 93442

List: $1,199,000

Listed: 8/15/2025

Area:1,590 sqft
Price/sqft:$754
Beds:3
Baths:3
Year Built:
Lot Size:7,560

Comparable Properties

COMPARABLE
Choose comps
410 Mindoro St, Morro Bay, CA 93442

410 Mindoro St, Morro Bay, CA 93442

Sale: $850,000

2/10/20250.50 mi

Area:1,369 sqft
Price/sqft:$621
Beds:3
Baths:3
Year Built:
Weight:21.1%
381 Kodiak St, Morro Bay, CA 93442

381 Kodiak St, Morro Bay, CA 93442

Sale: $785,000

4/29/20250.45 mi

Area:1,560 sqft
Price/sqft:$503
Beds:3
Baths:2
Year Built:
Weight:20.8%
181 Java St, Morro Bay, CA 93442

181 Java St, Morro Bay, CA 93442

Sale: $1,070,000

2/10/20250.38 mi

Area:1,486 sqft
Price/sqft:$720
Beds:3
Baths:2
Year Built:
Weight:19.8%
420 Jamaica St, Morro Bay, CA 93442

420 Jamaica St, Morro Bay, CA 93442

Sale: $894,000

4/11/20250.39 mi

Area:1,445 sqft
Price/sqft:$619
Beds:3
Baths:2
Year Built:
Weight:19.7%
480 Java St, Morro Bay, CA 93442

480 Java St, Morro Bay, CA 93442

Sale: $920,000

2/18/20250.45 mi

Area:1,393 sqft
Price/sqft:$660
Beds:3
Baths:2
Year Built:
Weight:18.6%

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