Welcome to your opportunity to own an affordable coastal retreat in the highly desirable North Morro Bay neighborhood! Located on a corner lot just blocks to the Pacific Ocean, this unique condominium offers flexibility, views, and strong income potential—all in one of the Central Coast’s most charming seaside communities.
This well-maintained 2-bedroom, 2-bath condominium features a comfortable floor plan with a light and airy coastal feel. The property has been thoughtfully configured into two separate 1-bedroom, 1-bath units and has been successfully rented out, making it an excellent option for investors, multi-generational living, or those seeking to offset their mortgage with rental income.
Enjoy beautiful views from multiple vantage points—wake up to ocean and Morro Rock views from the upstairs primary suite, complete with its own private balcony, while the second bedroom offers peaceful hillside and wildlife scenery. A view deck provides additional space to relax and take in the coastal air.
Additional highlights include a dedicated carport parking space and convenient outdoor storage. Additional carport spaces may be available for fee. The home is part of a resort-style community featuring a clubhouse, spa, and swimming pool—perfect for unwinding after a day at the beach.
Located just minutes from the Embarcadero’s shops and dining, scenic bike trails, golf courses, and the harbor, you’ll experience the best of Morro Bay living—mild weather, abundant outdoor recreation, and a laid-back coastal lifestyle. Plus, California Polytechnic State University is only about a 15-minute drive away.
Don’t miss this rare chance to secure a versatile, income-producing property in beautiful Morro Bay!
This well-maintained 2-bedroom, 2-bath condominium features a comfortable floor plan with a light and airy coastal feel. The property has been thoughtfully configured into two separate 1-bedroom, 1-bath units and has been successfully rented out, making it an excellent option for investors, multi-generational living, or those seeking to offset their mortgage with rental income.
Enjoy beautiful views from multiple vantage points—wake up to ocean and Morro Rock views from the upstairs primary suite, complete with its own private balcony, while the second bedroom offers peaceful hillside and wildlife scenery. A view deck provides additional space to relax and take in the coastal air.
Additional highlights include a dedicated carport parking space and convenient outdoor storage. Additional carport spaces may be available for fee. The home is part of a resort-style community featuring a clubhouse, spa, and swimming pool—perfect for unwinding after a day at the beach.
Located just minutes from the Embarcadero’s shops and dining, scenic bike trails, golf courses, and the harbor, you’ll experience the best of Morro Bay living—mild weather, abundant outdoor recreation, and a laid-back coastal lifestyle. Plus, California Polytechnic State University is only about a 15-minute drive away.
Don’t miss this rare chance to secure a versatile, income-producing property in beautiful Morro Bay!
Property Details
Price:
$465,000
MLS #:
SC26027850
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
North Morro Bay 820
Neighborhood:
mrbymorrobay
Listed Date:
Mar 23, 2026
Finished Sq Ft:
1,080
Lot Size:
1,080 sqft / 0.02 acres (approx)
Year Built:
1972
Schools
School District:
San Luis Coastal Unified
Interior
Appliances
DW, GD, MW, RF, EO, ER
Bathrooms
2 Full Bathrooms
Cooling
NO
Heating
FA
Interior Features
BC
Laundry Features
CM
Levels
U
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Common Walls
_1CW
Community Features
PARK, WATE, HIKI, BIKI
Parking Spots
1
Parking Total
1
Patio And Porch Features
DK
Roof
FLTR
Spa Features
COM
View
HI, OC, RK
Financial
HOA Fee
$480
HOA Fee Frequency
MO
Map
Contact Us
Mortgage Calculator
Community
- Address3329 Panorama Drive Morro Bay CA
- SubdivisionNorth Morro Bay (820)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
Subdivisions in Morro Bay
Property Summary
- Located in the North Morro Bay (820) subdivision, 3329 Panorama Drive Morro Bay CA is a Condo for sale in Morro Bay, CA, 93442. It is listed for $465,000 and features 2 beds, 2 baths, and has approximately 1,080 square feet of living space, and was originally constructed in 1972. The current price per square foot is $431. The average price per square foot for Condo listings in Morro Bay is $575. The average listing price for Condo in Morro Bay is $754,900. To schedule a showing of MLS#sc26027850 at 3329 Panorama Drive in Morro Bay, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.
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Full-time Real Estate Broker, sold 1400+ Properties in SLO and SBC County. 40+ years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending…
More About JoAnn
Courtesy of Christie’s International Real Estate Sereno. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 3329 Panorama Drive
Morro Bay, CA