2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States. - Hero Image
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2637
Laurel Avenue
Morro Bay | California

Modern Home

Contemporary Living

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Stanley Craig
Stanley Craig
Presented At
$1,095,000
Bedrooms
3
Bathrooms
3
Living
1,600
SQFT
2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 1
2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 2
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2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States. , Morro Bay , California 93442

2637 Laurel Avenue,Morro Bay, Ca, 93442

Enjoy sweeping views from Point Estero to Point Buchon—including iconic Morro Rock, the harbor entrance, tranquil back bay, and endless stretches of whitewater ocean. This beautifully maintained 3-bedroom, 2.5-bathroom home offers approximately 1,600 sq. ft. of coastal living at its finest. Step inside to find a remodeled kitchen, a newer membrane roof, and brand-new composite decking with reinforced structural supports—perfect for soaking in sunsets and sea breezes. The main level includes direct access from the two-car garage, along with the primary suite, a cozy fireplace-warmed living room, dining area, and kitchen—ideal for single-level living. Downstairs, you’ll find two additional bedrooms, 1.5 bathrooms, a laundry room, and a spacious bonus room with exterior access—perfect for a media room, home office, or guest space. Lovingly cared for and move-in ready, this home is your chance to embrace the beauty, peace, and charm of Morro Bay living.

Property

3D Street View Tour

Map showing 2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States.

Property Location

2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States., Morro Bay California

Local Weather & Climate

Morro Bay, California

Current Conditions Updated recently
66 °F
Clear sky
Feels Like 64°F
Humidity 54%
Wind 5 mph
Visibility 6.2 mi
Sunrise 2:15 PM
Sunset 2:09 AM
5-Day Forecast
Sun 15 Mar
Clouds
High 73°
Low 58°
Mon 16 Mar
Clouds
High 77°
Low 61°
Tue 17 Mar
Clouds
High 80°
Low 63°
Wed 18 Mar
Clouds
High 77°
Low 65°
Thu 19 Mar
Clear
High 81°
Low 64°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Morro Bay?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Ultra Luxury 114.3× median

Our perspective on current market conditions in Morro Bay. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market
Balanced conditions. Negotiate wisely.
58
Buyer Score
Prices are down 0.8% year-over-year

Local Market Price Trends

Median home sale prices in Morro Bay, California — ZIP code 93442 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $109,500,000
Area median: $957,923
-0.8% year-over-year (well below the 3.5% historical avg)

Market Competition

Future Value & Wealth Building

Starting investment: $1,095,000 20% down ($219,000)

42.4 years
Double Your Investment
Based on current market trends, your property value could double
$537,841
10-Year Equity
Your potential equity after 10 years of payments and appreciation
$5,828
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$1,788,519
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
2.5x
Leverage Power
Your $219,000 down payment could grow to $537,841 in equity (10 yrs)
Investment Perspective
$ $ $
$1 → $1.18
Every dollar invested today could become $1.18 in 10 years
$100 → 118 $1,000 → $1,178
+$49
$49/day
Your home may appreciate while you sleep
$347/week $1,505/mo $18,055/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$189K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -27% advantage over stocks
RENT 💸 -$603K
vs
OWN 📈 +$538K
$538K Potential Equity
vs $603K lost to rent over 10 years
$219K Down Payment Growth
2.5x
10yr
$538K
4.6x
20yr
$1.0M
8.2x
30yr
$1.8M
Wealth Comparison
×4
Equivalent to 4 average US homes
top 10%
US household wealth ranking
Median: $193K Yours: $1.8M
Time to Double Your Investment (accounting for market cycles)
76.9
years
Conservative
0.91% effective/yr
18.2
years
Optimistic
3.88% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $1.2M +9%
Market $1.3M +18%
Optimistic $1.6M +46%
$538K est. equity
20 Years
Conservative $1.3M +20%
Market $1.5M +39%
Optimistic $2.3M +114%
$1.0M est. equity
30 Years
Conservative $1.4M +31%
Market $1.8M +63%
Optimistic $3.4M +213%
$1.8M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Opportunity Zone
Current 2.5% appreciation is below the national historical average. This market may offer value opportunities.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 1.6%. Market scenario reflects current 2.5% YoY trend from Zillow (Apr 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Apr 2026

Neighborhood Demographics

ZIP 93442 • 2022 ACS Data

11,399 Population
Median Age: 52.0
$88,309 Median Income
Above Average
$809,900 Median Home Value
Rent: $1,727
42.1% College Graduates
Above Average

Housing

Homeowners 46.6%
Renters 33.6%
Vacancy Rate 19.7%

Employment

8.7% Unemployment
15.7% Work From Home

Education Attainment (Age 25+)

High School+ 92.6%
Bachelor's+ 42.1%
Graduate+ 18.4%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This house at 2637 Laurel Avenue , Morro Bay, CA 93442, Morro Bay, California, United States features 3 bedrooms with 1,600 square feet of living space.
This property offers 1,600 square feet of living space.
This property is listed at $109,500,000, which equals $68438 per square foot.
In Morro Bay, home prices have decreased 0.8% over the past year, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Morro Bay shows an active market. The market opportunity score is 58 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Morro Bay, California. The property is situated in an established neighborhood with convenient access to local amenities and services.
Stanley Craig

Stanley Craig

Better Homes and Gardens Real Estate Haven Properties

License #00995466

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Better Homes and Gardens Real Estate Haven Properties

Better Homes and Gardens Real Estate Haven Properties

Better Homes and Gardens Real Estate Haven Properties

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