Rare Bayfront Legacy Property situated on over 33,000 square feet along the shores of Morro Bay. Opportunities of this scale and setting are seldom available. The property features a charming 2-bedroom, 1-bathroom residence offering approximately 1,300 square feet of living space, thoughtfully updated over the years with quality craftsmanship throughout—offering the option to live in the established home while planning or building a future residence, or to enjoy it as-is. The interior showcases a custom kitchen, high open beamed ceilings, and a mix of wood and tile flooring. Artistic details include custom stained glass windows, arched doorways, a ceramic framed fireplace, and a distinctive aquatic fossil fixture accenting the stovetop backsplash. The living room captures sweeping views of sunsets over the bay and dunes, with Morro Rock visible from points along the private shoreline. The expansive grounds offer a serene outdoor setting with paver pathways, rose gardens, a koi pond, and a bocce ball court. Enjoy direct bay access with the ability to launch a SUP or kayak from your very own private shore. Access to the property is provided via an easement, and Bayshore Bluffs Park on the other side enhances the open setting and contributes to long-term privacy. A detached two-car garage currently used for storage and laundry space, offers potential for an ADU (buyer to verify). The side lot has a separate sewer line and was intended to be surveyed for a potential parcel split. An exceptional property offering privacy, land, and waterfront living in one of Morro Bay’s most unique settings. Schedule your private showing today!