#SC25115476, Leon Van Beurden, Listing office: Bay Osos Brokers
#SC25108161·
Listing office: BHGRE HAVEN PROPERTIES·
Listing agent: Stanley Craig·
Listing office phone: 805-235-0514
$1,069,000 List price
998 Balboa St Morro Bay, CA 93442
3 beds
2 full
896 sqft
0.2 acres
$1,193 / sqft
House
Property details
About 998 Balboa St
Endless Possibilities in Morro Heights! This expansive corner lot offers exceptional versatility with two separate homes on a spacious 9,400 sq. ft. lot. The primary residence features 2 bedrooms and 1 bathroom, while the secondary unit is a 1 bedroom, 1 bathroom—perfect for rental income, extended family, or a private guest retreat. Located in desirable Morro Heights, you're just blocks away from Morro Bay's historic downtown, charming shops, restaurants, and the stunning Morro Bay State Park. Whether you're looking to build your dream home with a detached rental unit, renovate and maximize rental income, or explore adding a third unit (buyer to verify with the City of Morro Bay),this property offers a rare opportunity in a neighborhood evolving toward the future.
Highlights
Home typeSingle Family Residence
StatusActive
Size896 sqft
Lot size0.2158 Acres
Year built1949
ParkingDoor-Multi, Driveway, Garage Faces Front, Garage, RV Access/Parking, One Space
MLS #SC25108161
Attached garage2 spaces
ViewHills, Ocean
Summary
- Full Bathrooms: 2
- Appliances: Electric Range, Gas Range, Gas Water Heater, Water Heater
- Flooring Type: Carpet, Laminate
- Interior: Laminate Counters, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Door-Multi, Driveway, Garage Faces Front, Garage, RV Access/Parking, One Space
- View: Hills, Ocean
- Cooling: None
- List Price: $1,069,000
- Price/SqFt: $1,193
- HOA Amount: $0
- Annual Tax Amount: $2,694
- Tax Year: 2024
- Lot: Back Yard, Corner Lot, Front Yard, Gentle Sloping
- Directions: Morro Bay Blvd toward Harbor St, at the traffic circle, continue straight to stay on Morro Bay Blvd., turn right onto Quintana Rd., turn right onto Kings Ave., turn right onto Balboa St.
- Year Built: 1949
- Stories: 1
- Living Area: 896 SqFt
- Lot Size: 0.2158 Acres
- MLS Number: SC25108161
- MLS Name: CRMLS
- Office Name: BHGRE HAVEN PROPERTIES
- Office Phone: (805) 235-0514
- Listing Agent: Stanley Craig
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 09, 1995 | Home Sold | $92,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $243,825 | $2,694 |
| 2023 | $239,045 | $2,645 |
| 2022 | $234,359 | $2,480 |
| 2021 | $229,765 | $2,440 |
| 2020 | $227,410 | $2,415 |
| 2019 | $222,952 | $2,343 |
| 2018 | $218,581 | $2,343 |
| 2017 | $214,296 | $2,297 |
History based on county public records data.
Nearby schools
5
Del Mar Elementary School
Public District KG-6
2.5 mi
•501 Sequoia St
6
Baywood Elementary School
Public District KG-6
2.6 mi
•1330 9th St
8
Monarch Grove Elementary School
Public District KG-6
3.6 mi
•348 Los Osos Valley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,859. Residents of Morro Bay, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
22%
<35k
60%
35k-100k
12%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
8%
Single, with Kids
28%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
NASCAR
Figure Skating
Where do the neighbors shop?
Stein Mart
Dick's Sporting Goods
Kmart
Where do the neighbors go to eat?
Bob Evans
Arbys
Jimmy Johns
What do the neighbors drive?
Lincoln
GMC
Buick
What do the neighbors listen to?
News/Talk/Information
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 998 Balboa St
The listing price of 998 Balboa St property is $1,069,000.
The property 998 Balboa St is a house located in Morro Bay, California, 93442.
Active Listing: 998 Balboa St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 998 Balboa St are: Del Mar Elementary School (GreatSchools Rating 5/10), Baywood Elementary School (GreatSchools Rating 6/10), Monarch Grove Elementary School (GreatSchools Rating 8/10), Los Osos Middle School (GreatSchools Rating 7/10), Cayucos Elementary School (GreatSchools Rating 8/10), Laguna Middle School (GreatSchools Rating 7/10), Morro Bay High School (GreatSchools Rating 9/10), San Luis Obispo County Community (GreatSchools Rating 3/10), Grizzly Challenge Charter (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,694 (source: MLS/based on county public records data).
The last sale was on January 9, 1995 for $92,000 (source: MLS/tax record).
The property at 998 Balboa St has 3 bedrooms and 2 bathrooms.
The property 998 Balboa St is 896 SqFt (source: MLS/tax record).
The year of construction for 998 Balboa St is 1949.
This home is located at 998 Balboa St in Morro Bay, CA and zip code 93442. This 896 square foot home, which was built in 1949, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,069,000.
Over 2 listings were sold over their listed price in June 2025 in Morro Bay, CA. In the same period over 8 listings were sold below the listed price and 0 listings were sold for the listed price. In June 2025 in Morro Bay, CA there were equal homes for sale than in May. In June 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $933,250.
From Rocket Homes Real Estate and based on county public records data.