tomo logo

$1,400,000

Beds
2
Baths
2.5
sq ft
1,530

172 Bayshore Dr, Morro Bay, CA 93442

172 Bayshore Dr

Morro Bay, CA 93442

  • 17 days on market
Beautiful Bayfront Tri-level home boasting great views of Morro Bay Rock and the ocean. 2 Bedrooms, 2 and 1/2 baths. It features top of the line finishes and designed to capture the views and fabulous sunsets, while showcasing exceptional craftsmanship and architecture. Just a few of the upgrades include hand troweled walls, custom Roman blinds, and French oak hardwood floors. Custom hand forged iron bannister and decorative niches complement the entry stairway to the main living area. Open concept floor plan featuring the kitchen, living room with view deck, seating area with fireplace, a powder room, and a front deck. The kitchen features a Wolf range, Bosch dishwasher, wine fridge, quartz countertops, large center island with bar seating & storage, glass backsplash and custom cabinetry. Locally hand forged floating staircase leads to the upper level featuring the luxurious primary suite with custom walk-in closet, double vanity, separate shower and spa tub with ocean views, plus a private balcony overlooking the bay. The guest bedroom features an en-suite bathroom and the laundry is hidden behind a huge closet with a coffee bar, sink and mini fridge. The oversized two-car garage is finished with epoxy flooring and tile. There is a large seasonally heated pool, spa and clubhouse, privately situated in the middle of the project.

Details

Property type

Townhouse

Est. home value

$1,201,072

Lot size

1,307 sq ft

Price per sq ft

$916

Year built

1993

Monthly HOA fee

$570

Price History

02/12/2025
CRMLS

CRMLS #NS25028094

Listed
$1,400,000
02/08/2025
CRMLS

CRMLS #NS25028094

Pending
$1,400,000
02/06/2025
CRMLS

CRMLS #NS25028094

Listed
$1,400,000
+27.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Golf, Park, Sidewalks

High school district: 

San Luis Coastal Unified

Number of units in community: 

72

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$532,413
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$755,587
Cash to seller
$532,413

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

June 2021

Original loan amount

$821,250

Est. remaining balance

$755,587

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Robert W Lamborn and Carla M Lamborn

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 7:10 PM

Listing updated: 02/12/2025 at 5:09 PM

Listed by: Ciera Adams, RE/MAX Success Phone #: (805) 434-2737

MLS: CRMLS #NS25028094

CRMLS logo

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