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590 Downing St, Morro Bay, CA 93442

List Price: $995,000On Market FlagOn market
Feb 13, 20251,890 sqft3 beds3 baths
Listed by: Teri McKay
License #: 01920220
Phone #: 805-602-2244
Keller Williams Realty Central Coast
Source:
CRMLS Logo
MLS #: PI25033213

Property Description

Coastal Living with Ocean & Morro Rock Views! Welcome to 590 Downing Street, a thoughtfully designed 3-bedroom, 2.5-bathroom home offering 1,890 sq. ft. of coastal living on a 4,000 sq. ft. lot in scenic Morro Bay. Built from the ground up by the original owner, this home was designed to maximize both functionality and breathtaking views. Step inside to an open floor plan filled with tons of natural light, making it perfect for entertaining guests. The bright and airy living area and primary suite open onto a spacious front balcony, offering stunning ocean and Morro Rock views. A second balcony at the back provides private ocean and foothill views, leading to a newly landscaped, low-maintenance backyard featuring a fruit tree—a serene retreat to enjoy the coastal breeze. This home offers ample storage throughout, including extra space in the garage, ideal for tools, crafts, or hobbies. Recent updates include brand-new carpet and a newly landscaped front and backyard, enhancing the home’s move-in-ready appeal. For added convenience, an elevator ensures easy access between levels. Nestled in a highly desirable neighborhood, this home is just minutes from downtown, shopping, renowned restaurants, local schools, and the iconic Embarcadero. This turnkey property truly embodies coastal living at its finest. Don’t miss the opportunity to make this exceptional residence your own!
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

$15,264

TurboHome Estimated Value

$1,006,300

$532 sqft

High Valuation
$1,056,615
$559/sqft
Normal Valuation
$1,006,300
$532/sqft
Low Valuation
$955,985
$506/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$532/sqft$1,006,300

Neighborhood: Harbor Tract(760)

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Comparative Value

$920K

$980K

$995K

$1.09M

$1.15M

$1.19M

1188 Main St, Morro Bay, CA 93442

Sale Price: $920,000

Selected Comparable

1221 Berwick Dr, Morro Bay, CA 93442

Sale Price: $980,000

Selected Comparable

590 Downing St, Morro Bay, CA 93442

List Price: $995,000

Subject Property

1295 Clarabelle Dr, Morro Bay, CA 93442

Sale Price: $1,086,000

Selected Comparable

948 Marina St, Morro Bay, CA 93442

Sale Price: $1,150,000

Selected Comparable

941 Mesa St, Morro Bay, CA 93442

Sale Price: $1,190,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
590 Downing St, Morro Bay, CA 93442

590 Downing St, Morro Bay, CA 93442

List: $995,000

Listed: 2/13/2025

Area:1,890 sqft
Price/sqft:$526
Beds:3
Baths:3
Year Built:
Lot Size:4,000

Comparable Properties

COMPARABLE
Choose comps
1295 Clarabelle Dr, Morro Bay, CA 93442

1295 Clarabelle Dr, Morro Bay, CA 93442

Sale: $1,086,000

6/13/20250.15 mi

Area:1,896 sqft
Price/sqft:$573
Beds:3
Baths:3
Year Built:
Weight:23.3%
1188 Main St, Morro Bay, CA 93442

1188 Main St, Morro Bay, CA 93442

Sale: $920,000

12/11/20240.33 mi

Area:1,834 sqft
Price/sqft:$502
Beds:3
Baths:3
Year Built:
Weight:20.9%
1221 Berwick Dr, Morro Bay, CA 93442

1221 Berwick Dr, Morro Bay, CA 93442

Sale: $980,000

10/25/20240.06 mi

Area:2,075 sqft
Price/sqft:$472
Beds:3
Baths:3
Year Built:
Weight:20.4%
948 Marina St, Morro Bay, CA 93442

948 Marina St, Morro Bay, CA 93442

Sale: $1,150,000

4/15/20250.70 mi

Area:1,729 sqft
Price/sqft:$665
Beds:3
Baths:2
Year Built:
Weight:17.8%
941 Mesa St, Morro Bay, CA 93442

941 Mesa St, Morro Bay, CA 93442

Sale: $1,190,000

2/5/20250.72 mi

Area:2,300 sqft
Price/sqft:$517
Beds:3
Baths:3
Year Built:
Weight:17.6%

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