331 Panay St





























Description
Step inside to discover a thoughtfully updated interior, featuring renovated kitchen...Incredible investment opportunity! Recently renovated beach bungalow with ocean views in highly desirable North Morro Bay. Perfect for an investment, beach home, or the starting point for a beautifully designed custom home. Included in the sale are renderings of a potential future 2BR / 2BA home (approx 1200 sf) with a garage, attached 700 sf ADU and rooftop deck - taking full advantage of ocean and hillside views.
Step inside to discover a thoughtfully updated interior, featuring renovated kitchen & bathroom with painted wood cabinets and beautiful epoxy countertops. The open layout creates a warm and inviting atmosphere, ideal for relaxation. Recent upgrades include all new: roof, windows & doors, electrical, plumbing, flooring, (3) wall heaters, paver patio, paver entry path, deck, gutters, patio cover, storage shed, interior & exterior paint.
Whether you're enjoying your morning coffee on the porch or hosting a gathering on the spacious patio, the outdoor spaces are designed to enhance your connection with nature. The fenced front and back yards offer privacy and ample space for gardening or future development.
For added convenience, the home includes two outdoor storage sheds (one is built to support a roof top deck - check with the city for potential ADU conversion), washer and dryer hookups, as well as on-site parking. This property truly embodies the essence of coastal living, offering a tranquil retreat just moments from the pristine beaches and vibrant heart of Morro Bay.
Don't miss the opportunity to make this charming house your new home or investment project. Experience the beauty and potential of 331 Panay today!
*All information deemed reliable but not guaranteed. Buyer to verify all information.
Listing Agent
jessica.padilla@compass.comP: (805)-769-8779
Property Details for 331 Panay Street
Property Details for 331 Panay Street
| Status | Closed |
|---|---|
| MLS # | PI25021064 |
| Days on Market | 106 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1940 |
| Lot Size | 0.06 AC / 2,400 SF |
| County | San Luis Obispo County |
Location
Sold By BHGRE HAVEN PROPERTIES, Trudy Burley-Glasspool, DRE #00868774
Building Information for 331 Panay Street
Payment Calculator
$3,089 per month
30 year fixed, 6.15% Interest
$2,681
$408
$0
Property Information for 331 Panay Street
- Financing: Conventional
- Tax Block: 5
- Tax Census Tract: 105.06
- CFD/Mello-Roos Fee: $0
- Tax Lot: 17
- Assessments YN: No
- Assessments: None
- Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Park
- Community: North Morro Bay (820)
- Room Type: All Bedrooms Down
- Main Level Bathrooms: 1
- Main Level Bedrooms: 2
- Room Bathroom Features: Shower, Remodeled
- Bedroom Features: All Bedrooms Down
- Eating Area: Breakfast Counter / Bar, In Kitchen
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Laundry Location: Gas, Washer Hookup
- Laundry Utilities: Gas, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Fireplace: N/K
- Cooling: None
- Heating Type: Other, Wall
- Heating: See Remarks, Wall Furnace
- Heat Equipment: Wall/Gravity, Other/Remarks
- Floor Coverings: Linoleum/Vinyl
- Flooring: Vinyl
- Window Features: Double Pane Windows
- Entry Location: Front door
- Structures: Foothills
- Structure Type: House
- Other Structures: Shed(s)
- Miscellaneous: Foothills
- View Description: Ocean
- Patio: Yes
- Patio And Porch Features: Deck, Porch
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Sign on Property: Yes
- Lot Features: 0-1 Unit/Acre
- Lease Considered: No
- Available For Lease: No
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Sewer/Septic: Public Sewer, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Electric: Electricity - On Property
- Water Source: Public
- Number Remotes: 0
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Driveway
- Uncovered Spaces: 3
- Open Other Spaces Total: 3
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Driveway
- Builders Tract Name: North Morro Bay
- Builders Tract Code: North Morro Bay (820)
- Architectural Style: Craftsman/Bungalow
- Residential Styles: Detached
- Residential Unit Location: No Common Walls
Property History for 331 Panay Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 16, 2025 | Sold SDMLS #PI25021064 | $550,000 | — |
| Jun 16, 2025 | Sold CRMLS #PI25021064 | $550,000 | — |
| Jun 16, 2025 | Sold CLAW #PI25021064MR | $550,000 | — |
| Jun 6, 2025 | Pending CRMLS #PI25021064 | — | |
| May 29, 2025 | Sold (Public Record) Public Record #1882923745 | $550,000 | +14.4% / yr |
| May 15, 2025 | Pending CLAW #PI25021064MR | — | |
| May 15, 2025 | Pending SDMLS #PI25021064 | — | |
| May 15, 2025 | Pending - Continue to Show CLAW #PI25021064MR | — | |
| May 15, 2025 | Pending - Continue to Show CRMLS #PI25021064 | — | |
| May 2, 2025 | Price Change CLAW #PI25021064MR | $565,000 | — |
| May 2, 2025 | Price Change CRMLS #PI25021064 | $565,000 | — |
| Apr 2, 2025 | Price Change CLAW #PI25021064MR | $597,000 | — |
| Apr 2, 2025 | Price Change CRMLS #PI25021064 | $597,000 | — |
| Mar 7, 2025 | Price Change CLAW #PI25021064MR | $614,000 | — |
| Mar 7, 2025 | Price Change CRMLS #PI25021064 | $614,000 | — |
| Jan 29, 2025 | Listed (Active) CRMLS #PI25021064 | $624,000 | — |
| Jan 8, 2025 | Listed (Active) SDMLS #PI25021064 | $624,000 | — |
| Jan 8, 2025 | Listed (Active) CLAW #PI25021064MR | $624,000 | — |
| Sep 28, 2023 | Sold CLAW #SC23132584MR | $435,000 | — |
| Sep 28, 2023 | Sold CRMLS #SC23132584 | $435,000 | — |
| Sep 28, 2023 | Sold SDMLS #SC23132584 | $435,000 | — |
| Sep 26, 2023 | Pending CRMLS #SC23132584 | — | |
| Aug 31, 2023 | Sold (Public Record) Public Record #1519058686 | $435,000 | +8.5% / yr |
| Aug 28, 2023 | Pending CLAW #SC23132584MR | — | |
| Aug 28, 2023 | Pending - Continue to Show CLAW #SC23132584MR | — | |
| Aug 28, 2023 | Pending - Continue to Show CRMLS #SC23132584 | — | |
| Aug 28, 2023 | Pending SDMLS #SC23132584 | — | |
| Jul 24, 2023 | Listed (Active) CRMLS #SC23132584 | $475,000 | — |
| Jul 19, 2023 | Listed (Active) SDMLS #SC23132584 | $475,000 | — |
| Jul 19, 2023 | Listed (Active) CLAW #SC23132584MR | $475,000 | — |
| Aug 17, 2012 | Permanently Off Market NSBCMLS #187146 | $188,000 | — |
| Aug 16, 2012 | Sold NSBCMLS #187146 | $176,000 | — |
| Aug 16, 2012 | Sold CLAW #SC187146MR | $176,000 | — |
| Aug 16, 2012 | Sold CRMLS #SC187146 | $176,000 | — |
| Jul 30, 2012 | Sold (Public Record) Public Record #336358702 | $176,000 | -4.0% / yr |
| Jul 17, 2012 | Pending CRMLS #SC187146 | — | |
| Jul 17, 2012 | Pending CLAW #SC187146MR | — | |
| Jun 6, 2012 | Listed (Active) CRMLS #SC187146 | $193,000 | — |
| Jun 6, 2012 | Listed (Active) NSBCMLS #187146 | $193,000 | — |
| Jun 6, 2012 | Listed (Active) CLAW #SC187146MR | $193,000 | — |
| Apr 5, 2012 | Expired CRMLS #SC169904 | $200,000 | — |
| Nov 11, 2010 | Expired CLAW #SC169904MR | — | |
| Nov 11, 2010 | Permanently Off Market NSBCMLS #169904 | $200,000 | — |
| Sep 21, 2010 | Listed (Active) CLAW #SC169904MR | $200,000 | — |
| Sep 21, 2010 | Listed (Active) NSBCMLS #169904 | $200,000 | — |
| Sep 21, 2010 | Listed (Active) CRMLS #SC169904 | $200,000 | — |
| May 2, 2008 | Permanently Off Market NSBCMLS #140604 | $249,950 | — |
| May 2, 2008 | Sold CLAW #SC140604MR | $210,000 | — |
| May 2, 2008 | Sold CRMLS #SC140604 | $210,000 | — |
| Apr 1, 2008 | Sold (Public Record) Public Record #236323019 | $210,000 | — |
| Mar 27, 2008 | Pending CRMLS #SC140604 | — | |
| Mar 27, 2008 | Pending CLAW #SC140604MR | — | |
| Mar 13, 2008 | Listed (Active) NSBCMLS #140604 | $249,950 | — |
| Mar 13, 2008 | Listed (Active) CLAW #SC140604MR | $249,950 | — |
| Mar 13, 2008 | Listed (Active) CRMLS #SC140604 | $249,950 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/16/2025 | Sold SDMLS #PI25021064 | $550,000 |
| 06/16/2025 | Sold CRMLS #PI25021064 | $550,000 |
| 06/16/2025 | Sold CLAW #PI25021064MR | $550,000 |
| 06/06/2025 | Pending CRMLS #PI25021064 | — |
| 05/29/2025 | Sold (Public Record) Public Record #1882923745 | $550,000 +14.4% / yr |
| 05/15/2025 | Pending CLAW #PI25021064MR | — |
| 05/15/2025 | Pending SDMLS #PI25021064 | — |
| 05/15/2025 | Pending - Continue to Show CLAW #PI25021064MR | — |
| 05/15/2025 | Pending - Continue to Show CRMLS #PI25021064 | — |
| 05/02/2025 | Price Change CLAW #PI25021064MR | $565,000 |
| 05/02/2025 | Price Change CRMLS #PI25021064 | $565,000 |
| 04/02/2025 | Price Change CLAW #PI25021064MR | $597,000 |
| 04/02/2025 | Price Change CRMLS #PI25021064 | $597,000 |
| 03/07/2025 | Price Change CLAW #PI25021064MR | $614,000 |
| 03/07/2025 | Price Change CRMLS #PI25021064 | $614,000 |
| 01/29/2025 | Listed (Active) CRMLS #PI25021064 | $624,000 |
| 01/08/2025 | Listed (Active) SDMLS #PI25021064 | $624,000 |
| 01/08/2025 | Listed (Active) CLAW #PI25021064MR | $624,000 |
| 09/28/2023 | Sold CLAW #SC23132584MR | $435,000 |
| 09/28/2023 | Sold CRMLS #SC23132584 | $435,000 |
| 09/28/2023 | Sold SDMLS #SC23132584 | $435,000 |
| 09/26/2023 | Pending CRMLS #SC23132584 | — |
| 08/31/2023 | Sold (Public Record) Public Record #1519058686 | $435,000 +8.5% / yr |
| 08/28/2023 | Pending CLAW #SC23132584MR | — |
| 08/28/2023 | Pending - Continue to Show CLAW #SC23132584MR | — |
| 08/28/2023 | Pending - Continue to Show CRMLS #SC23132584 | — |
| 08/28/2023 | Pending SDMLS #SC23132584 | — |
| 07/24/2023 | Listed (Active) CRMLS #SC23132584 | $475,000 |
| 07/19/2023 | Listed (Active) SDMLS #SC23132584 | $475,000 |
| 07/19/2023 | Listed (Active) CLAW #SC23132584MR | $475,000 |
| 08/17/2012 | Permanently Off Market NSBCMLS #187146 | $188,000 |
| 08/16/2012 | Sold NSBCMLS #187146 | $176,000 |
| 08/16/2012 | Sold CLAW #SC187146MR | $176,000 |
| 08/16/2012 | Sold CRMLS #SC187146 | $176,000 |
| 07/30/2012 | Sold (Public Record) Public Record #336358702 | $176,000 -4.0% / yr |
| 07/17/2012 | Pending CRMLS #SC187146 | — |
| 07/17/2012 | Pending CLAW #SC187146MR | — |
| 06/06/2012 | Listed (Active) CRMLS #SC187146 | $193,000 |
| 06/06/2012 | Listed (Active) NSBCMLS #187146 | $193,000 |
| 06/06/2012 | Listed (Active) CLAW #SC187146MR | $193,000 |
| 04/05/2012 | Expired CRMLS #SC169904 | $200,000 |
| 11/11/2010 | Expired CLAW #SC169904MR | — |
| 11/11/2010 | Permanently Off Market NSBCMLS #169904 | $200,000 |
| 09/21/2010 | Listed (Active) CLAW #SC169904MR | $200,000 |
| 09/21/2010 | Listed (Active) NSBCMLS #169904 | $200,000 |
| 09/21/2010 | Listed (Active) CRMLS #SC169904 | $200,000 |
| 05/02/2008 | Permanently Off Market NSBCMLS #140604 | $249,950 |
| 05/02/2008 | Sold CLAW #SC140604MR | $210,000 |
| 05/02/2008 | Sold CRMLS #SC140604 | $210,000 |
| 04/01/2008 | Sold (Public Record) Public Record #236323019 | $210,000 |
| 03/27/2008 | Pending CRMLS #SC140604 | — |
| 03/27/2008 | Pending CLAW #SC140604MR | — |
| 03/13/2008 | Listed (Active) NSBCMLS #140604 | $249,950 |
| 03/13/2008 | Listed (Active) CLAW #SC140604MR | $249,950 |
| 03/13/2008 | Listed (Active) CRMLS #SC140604 | $249,950 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 331 Panay Street
Schools near 331 Panay Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Del Mar Elementary School PublicK to 5 | ||
Los Osos Middle School Public6 to 8 | ||
Morro Bay High School Public9 to 12 | ||
Pacheco Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Compass California, Inc.-PB, Jessica May Padilla, DRE #02130559
Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.





























