399 Hill

Investor alert with panoramic ocean and Morro Rock views in Morro Bay! This major fixer-upper offers rare 5-bedroom potential and incredible upside. Currently configured as a 3-bedroom, 1.5 bath home with a den, it features approx. 1,924 sq ft on a 6,800 sq ft lot in a prime R2-zoned location. A recently installed elevator in the garage adds modern accessibility and long-term value. The attached 4-car garage with covered carport includes a half bath and shower, and offers potential to add two more bedrooms or a junior ADU. The property boasts a Caribbean-themed tropical oasis, ready to be restored to its full charm. Elevated to capture breathtaking views of the ocean and iconic Morro Rock, this two-story home delivers big potential. Enjoy the Central Coast lifestyle—hiking, sailing, paddling, wine tasting, and dining along the Embarcadero, Cayucos, and Morro Bay. Property Profile states 5 bedrooms, 3-car garage, and single-story layout—buyer to verify. Seller has priced it to sell as-is and offers no repairs or credits. Buyer to complete city-required toilet retrofits after close if applicable. Priced to move—don’t miss this coastal opportunity! Will probably not qualify for FHA, VA or USDA loans. (Half bath and shower are in the garage).