3329 Panorama Drive, Morro Bay, CA 93442

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!