Morro Bay Homes under $600,000

Welcome to Morro Bay, California—a picturesque coastal gem nestled in the heart of San Luis Obispo County. Known for its stunning natural beauty, Morro Bay is framed by the iconic Morro Rock and the serene waters of the Pacific Ocean. This charming seaside town offers a unique blend of outdoor adventure, vibrant local culture, and a welcoming community atmosphere, making it an ideal place to call home.

For those seeking affordable housing options, Morro Bay has a delightful selection of homes available for under $600,000. Whether you're a first-time buyer, a retiree looking to downsize, or an investor seeking a vacation rental, you'll find a variety of properties that suit your needs. From cozy beach cottages to quaint bungalows, these homes offer a perfect opportunity to embrace the coastal lifestyle without breaking the bank.

Imagine waking up to the sound of waves crashing and the salty breeze wafting through your window. With an array of outdoor activities at your doorstep—like kayaking, hiking, and exploring the scenic waterfront—Morro Bay is a haven for nature lovers and adventure seekers alike. The town is also home to vibrant local markets, delightful eateries, and unique boutiques, ensuring you'll never run out of things to do.

Living in Morro Bay means enjoying a laid-back lifestyle filled with breathtaking sunsets and a strong sense of community. With homes under $600,000, your dream of coastal living is closer than ever. Discover the charm of Morro Bay today and take the first step toward your new life by the sea!

Newest Morro Bay Homes under $600,000

901 Morro Bay Blvd #15 Unit 15, Morro Bay

$249,900

2 Beds ⋅ 1 Baths ⋅ PI26210496 MLS ⋅ Active Status

Here is your chance to own a completely remodeled home from 2020-2021, torn all the way down to the subfloor. This 2 bedroom, 1 bath home in the Morro Palms Mobile Lodge has everything you will need to make this a perfect primary home, or wonderful beach house getaway. The rooms good size with their own closet and built-in shelves. the bathroom offering a walking shower The following upgrades include, ABS and PEX plumbing, 2X4 studwalls that are layered with 1/2 inch sheetrock with the walls insulated with RIS insulation. With the basewalls stemming from home subfloor. 3/1/2 inch Colorado baseboards run throughout the home. The kitchen is completely remodeled with real wood cabinets and stainless steel appliances and soft close doors. All new electric in the home as well. The was ripped down to create a pitch for better run off and avoid water pooling, with a roll on roof that is to last up to 50 year since it's installation in 2021 with R38 insulation in the roof. New aluminum gutters with downspouts. T1-11 Siding is wrapped around the outside, creating durability and strong resistance to outside elements. Dual pane windows are installed throughout the home, a mix of Anderson and Milgard windows. All the work done with the proper permits pulled with the city. Extra amenities include premium grade redwood decks in the front and side, a Heat and AC split unit (the insulation in the home keeps it cool when cool and warm when warm), extra steel reinforcement underneath the home, a coat closet that has hook ups from in house laundry, extra LED lighting, and solid core doors for ultimate quiet living and privacy. Just a few blocks away from the water, and amongst some of the finest eateries and shops Morro Bay has to offer, all while offering convenient access back on and off the highway to make commuting to and from the home an ease.

901 Morro Bay Blvd #15 Unit 15, Morro Bay

$269,900

2 Beds ⋅ 2 Baths ⋅ SC26204332 MLS ⋅ Active Status

Enjoy coastal living at 500 Atascadero Road, Space D4, Morro Bay—a 907-square-foot, 2-bedroom, 2-bath manufactured home in Silver City East, a 55+ community approximately half a mile from the beach and one mile from downtown Morro Bay and the Embarcadero. Whether you’re seeking a full-time Central Coast residence or a coastal second home, this light-filled property offers comfortable living, private outdoor space, and convenient access to the beach and harbor. The bright, open floor plan features a bedroom and full bathroom at each end of the home, providing privacy for residents and guests. Recent improvements include fresh exterior paint, cement-board skirting, new laminate plank flooring, and a new sewer main line. The washer, dryer, refrigerator, and select plants are included. The front patio currently covered in astro-turf is 8'x10' in size and fits a golf cart. Enjoy cool coastal mornings on the deck or patio, garden in the fenced outdoor area, or give your dog space to relax. A storage shed provides room for bikes, beach gear, and gardening supplies. A nearby bike path offers access toward downtown Morro Bay or north along the coast. Nearby attractions include Morro Rock, the Embarcadero, beaches, shops, galleries, restaurants, and cafés, with opportunities for kayaking, paddleboarding, sailing, surfing, hiking, and birdwatching. Silver City East amenities include a neighborhood park and a clubhouse with library and kitchen facilities for gatherings and activities. A welcoming option for buyers seeking a beach-area home, a weekend escape from inland heat, or a permanent move to California’s Central Coast. Space rent for the new buyer is $995 per month. Primary occupant must be 55+; a qualifying partner may be 45+.

500 Atascadero Spc D4 Road, Morro Bay

$520,000

2 Beds ⋅ 1 Baths ⋅ PW26198097 MLS ⋅ Active Status

Discover the charm of coastal living in Morro Bay! This quaint 1928 2BR, 1BA, 570 sqft home is a rare find, just under a mile from the beach. While it needs updating and expansion, its large avocado tree and 2913sqft lot present a canvas for potential growth, including a second story. Located in a quiet neighborhood, it offers peaceful surroundings and an opportunity to create your dream retreat. Explore the possibilities and envision your future by the shore.

625 Elena, Morro Bay

$179,900

1 Beds ⋅ 1 Baths ⋅ SC26178554 MLS ⋅ Active Under Contract Status

Welcome to easy coastal living at Silver City Resort in beautiful Morro Bay! Located approximately half a mile from the beach, this charming 2006 manufactured home offers an affordable opportunity to enjoy life on California’s Central Coast. With approximately 695 sq. ft., the home features one bedroom, a spacious great room and an open kitchen that creates a comfortable, relaxed living space. Furniture is included, making it especially convenient as a full-time residence, second home or Central Coast getaway. There's even a newer queen size fold-out couch in the great room. Outside, you’ll find two dedicated parking spaces, with the option to convert one into a patio area for outdoor dining, lounging or enjoying Morro Bay’s mild coastal climate. Storage sheds provide additional space for beach gear, bikes and recreational equipment. Silver City Resort offers more than just a great location—it’s a friendly, inviting 55+ community where neighbors can become friends. Residents enjoy a clubhouse with a variety of activities and opportunities to socialize, along with a library and kitchen for gatherings and community events. A pocket park provides another pleasant outdoor space to relax and connect with friends and neighbors. Situated on level terrain, the community is just down the street from the beach and approximately one mile from downtown Morro Bay and the Embarcadero. Spend your days walking the beach, kayaking or paddleboarding on the bay, surfing, fishing, biking, hiking nearby coastal trails, birdwatching or exploring Morro Bay State Park. Enjoy waterfront restaurants, coffee shops, local boutiques, farmers markets and spectacular sunsets along the Embarcadero. Nearby Cayucos, Los Osos, Cambria and San Luis Obispo offer even more to explore. Whether you're looking for a simpler full-time lifestyle or a furnished second home near the coast, this is a wonderful opportunity to have your own place in Morro Bay and enjoy everything the Central Coast has to offer. No short term rentals. Residency application required. Primary to be 55+, partner can be 45+. Space rent is $999/mo.

500 Atascadero Rd SPC B9, Morro Bay

$369,000

3 Beds ⋅ 2 Baths ⋅ SC26156331 MLS ⋅ Active Under Contract Status

Escape the valley heat and chill out at the beach in Morro Bay! A perfect near zero maintenance 2nd home or downsize and live here! This gorgeous 2018 Champion Creekside Manor home boasts 3 full bedrooms and two upgraded bathrooms. The expanded covered porch was widened for furniture so sit and enjoy the view of knowing morro rock, the stacks are nearby yet the sunsets glisten thru. Inside is wall to wall planked flooring, 9 foot ceilings, with upgraded fans plus extra tall raised panel doors. Two tone custom paint, custom wood valances, wide baseboards and crown molding. Large entertaining living room and dining area. The kitchen has solid surface gorgeous counters and there's a breakfast bar. The white upgraded kitchen cabinets are custom and tall, the island has a stainless steel farm sink, Whirlpool dishwasher, lots of cabinets and a wine bottle shelf. All appliances are Whirlpool including stainless oven with cooktop and built in microwave makes cooking a breeze. There's a fenced yard with newer vinyl fencing and gates and a gravel area for your pet. This home has two assigned parking spots, and a separate laundry room with extra cabinets! This is 500 Atascadero Rd, #C5, a beautifully customized high-end manufactured home with plenty of room to entertain guests with room for company. The bathrooms have solid surface countertops and shower surrounds with tall upgraded shower doors and soft close toilets and the primary bathroom has a linen cupboard. The beach is an easy 1/2 mile walk or head into the quaint downtown fishing village or the embarcadero which is just a mile away. There's a north/south bike path that runs along the Cabrillo highway so you can easily get around! Silver City Resort is the largest mobile home park in Morro Bay with a friendly social community of neighbors. There's a private pocket park that's a fun place to touch base with the local pets, a clubhouse for activities and more. Residents must be 55 and a partner may be 45. Applications can be picked up in the park office. Call your Realtor today! Space rent for new Buyer is $999/mo.

500 Atascadero Unit C5, Morro Bay

$130,000

1 Beds ⋅ 1 Baths ⋅ PI26154271 MLS ⋅ Active Status

Experience relaxed coastal living in this charming 1-bedroom, 1 full bath mobile home, approximately 352 square feet, located in the desirable 55+ Buoy & Gull Trailer Terrace community in Morro Bay. The unit was built in 2006, this well-maintained home features vaulted ceilings, an open-concept living area, newer flooring and newer exterior paint, and a functional kitchen equip with Samsung appliances and offers ample cabinet space for all your kitchen needs. The new owner will enjoy views of iconic Morro Rock, coupled with the convenience of being just a short walk down to the beach, a myriad of downtown shops, restaurants, and the Embarcadero. The unit features double pane windows, a brand new bathroom sink, a newer water heater and is in great shape, both interior and exterior. The beachy community offers shared laundry facilities, a community bathroom and shower, and a great atmosphere for full-time residents or a coastal retreat to spend some of your off time at. This is your chance to own near the beach at a very affordable price, allowing you to enjoy the Central Coast lifestyle without having to overpay. Don't miss your chance to own a slice of Morro Bay in this quiet, well-kept park. Buyer must be approved by park management. (No property taxes, just a one time sales tax and then just a yearly fee through the DMV, buyer to do their due diligence)

495 4 Atascadero Rd, Morro Bay

$455,000

2 Beds ⋅ 2 Baths ⋅ SC26145436 MLS ⋅ Active Status

Affordable Opportunity Awaits! Rancho Colina, one of Morro Bay's most desirable manufactured home communities. Nestled along California's beautiful Central Coast, this 1972 double-wide offers a wonderful opportunity to enjoy the relaxed coastal lifestyle that makes Morro Bay so special. This well-maintained home is largely in original condition, providing the perfect canvas for your personal updates and design ideas. The spacious floor plan features comfortable living and dining areas, generous natural light, and an enclosed bonus room ideal for a home office, overflow bedroom, or craft room. Having this flexible space adds functionality to fit a variety of lifestyles. There is abundant outdoor space to create a vibrant landscaped patio with gardens! There is a carport and large shed as well. Rancho Colina offers affordable entry for full time living or a vacation retreat in Morro Bay! Known for its peaceful setting, pride of ownership, and welcoming atmosphere. Rancho Colina offers a sense of community just minutes from everything Morro Bay has to offer. Enjoy easy access to the Embarcadero, Morro Rock, pristine beaches, golf, hiking and biking trails, shopping, restaurants, and the charming downtown. One of the Central Coast's greatest attractions is its exceptional year-round climate! Rancho Colina being slightly inland from the coast, capitalizes on this as you are out of the main fog zone and stronger coastal breezes! Whether it's a morning walk along the waterfront, kayaking the bay, exploring nearby Montaña de Oro State Park, or simply watching another spectacular sunset, Morro Bay offers an unmatched quality of life. This home gives you an affordable opportunity for Morro Bay homeownership. Bring your vision to life and transform this well-cared-for property into the coastal home you've always imagined.

311 San Gabriel, Morro Bay

$288,000

3 Beds ⋅ 2 Baths ⋅ SC26122256 MLS ⋅ Active Status

Step onto the front porch and Cerro Cabrillo Peak fills the frame — one of the better positions in Bay Pines, elevated with open hill views and a quiet that settles in rather than passing through. The porch earns its place: morning coffee, a meal outside, or simply somewhere to land at the end of the day. The inside carries that same ease — hill views through most windows keep you connected to the landscape from room to room, while fresh paint and hardwood floors give the space a clean, settled feel. After a day out on the water, into the hills, or nowhere at all, the updated primary bathroom — soaking tub and separate shower — is exactly what you'd want waiting for you. Three bedrooms offer room for rest, for guests, or for whatever comes next. Two storage sheds at the rear keep gear close and ready, and a raised turf area out back is yours to make of what you will — garden, retreat, or simply a bit of green to come home to. Residents enjoy the community’s shared clubhouse with a full kitchen, ping pong table, pool table, and community center, plus horseshoes and an outdoor patio with beautiful hillside views. Downtown Morro Bay is five minutes away, Morro Rock under ten, and San Luis Obispo fifteen — trails, beaches, kayaking, fishing, and the State Marine Preserve all accessible in between. Built in 1999. Bay Pines is a 55+ community; park residency approval required. Space rent $999/month.

515 Aleppo Drive Unit 14, Morro Bay

$580,000

1 Baths ⋅ SC26123581 MLS ⋅ Active Under Contract Status

Offered for the first time since it was built in 1964, this Morro Bay property has been owned by the same family for more than six decades. Originally constructed by the seller's father, the home reflects a simpler era of coastal living. Situated on a 2,200 square foot lot, the approximately 550 square foot residence is compact yet functional, featuring an open living area, kitchen, full bathroom, and a separated sleeping space. The current bedroom area is divided by a partition wall, offering privacy while maintaining an open feel, with potential for a more traditional bedroom configuration if desired. Ocean views can be enjoyed from the south-facing windows and front yard, creating a relaxing coastal atmosphere just minutes from everything Morro Bay has to offer. Two storage sheds in the backyard provide additional space for tools, hobbies, or recreational equipment. Whether you're looking for a cozy coastal retreat, a weekend getaway, an investment opportunity, or a property with future development potential, this offering deserves a closer look. Buyers are encouraged to investigate building and development possibilities directly with the City of Morro Bay and to verify all property information, including square footage, lot size, zoning, permitted uses, development potential, and condition of improvements to their satisfaction. Properties with this kind of character, ocean views, and future potential rarely come available. Bring your vision and imagine the possibilities.

479 Orcas, Morro Bay

$65,000

1 Beds ⋅ 1 Baths ⋅ PI26123262 MLS ⋅ Active Status

Whether you’re looking for a weekend getaway or a permanent retreat, check out this charming mobile home with a lovely view of Morro Bay. Located just two blocks from the Embarcadero's shops, restaurants, and a serene beach, this 55+ park features friendly neighbors and convenient access to everything Morro Bay has to offer. You’ll also be just minutes away from San Luis Obispo, Cambria, and Pismo Beach. Enjoy mild, cool weather year-round, and best of all, there’s no property tax! The land lease is $1,075, which includes all utilities.

233 Surf Street Unit 6, Morro Bay

$424,900

3 Beds ⋅ 2 Baths ⋅ SC26082211 MLS ⋅ Active Under Contract Status

Custom build your dream coastal home at 515 Jelecote Drive #28 in Morro Bay, where this brand-new 2026 Cavco Fleetwood Coronado will be built to order for the buyer in the desirable 55+ Bay Pines Mobile Home Park, just minutes from the beach. Home is not installed yet, photo is virtual. 2nd photo is of the old mobile that is being removed. This is a rare chance to not just buy a home—but create one that reflects your style, with the ability to select from Fleetwood’s curated design packages including cabinetry, countertops, backsplash, flooring, and finishes. Whether you want light and coastal or rich and modern, your home comes together your way. You can also increase square footage and decrease your outdoor space. Planned as a spacious 3-bedroom, 2-bath front porch model with approximately 1400± square feet, the layout is designed for easy living and effortless flow, with an open-concept kitchen, dining, and living space that feels bright, comfortable, and welcoming from the moment you walk in. The kitchen offers generous cabinetry, solid surface Della Terra Quartz countertops, a full appliance package, and designer tile backsplash options, all tied together in a clean, modern aesthetic. The primary suite is a peaceful retreat with an ensuite bath featuring a walk-in shower, while the guest bath offers a tub/shower combination or optional upgrades depending on your selections. Any upgrade in the design package is included in the price. Built with quality and efficiency in mind, the home includes 9-foot ceilings, tape and textured drywall, dual-pane windows, and thoughtful construction details that deliver both comfort and durability. Outside, enjoy low-maintenance living with attractive exterior finishes and carport, all set within a well-kept community just minutes to Morro Bay’s waterfront, restaurants, coastal trails, golf, and everyday conveniences. The existing home will be removed prior to installation when Buyer submits their deposit, and your new home is estimated for delivery approximately two months from deposit—making this a smooth path to brand-new coastal living without the long wait of traditional construction. Space rent is approximately $1,199 per month and park residency approval is required. If you’ve been waiting for something new, customizable, and close to the ocean—this is it.

515 Jelecote #28 Drive, Morro Bay

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.