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Key Details
Sold Price $279,000
Property Type Manufactured Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC23107856
Sold Date 12/13/23
Bedrooms 2
Full Baths 2
Construction Status Turnkey
HOA Y/N No
Land Lease Amount 1950.0
Year Built 2004
Property Description
Come live in Morro Shores, one of the most sought after mobile home parks in Los Osos and the Central Coast, just a short distance from Sweet Springs Preserve and the bay! Enjoy the view of Hollister Peak from the front porch! The kitchen has an island, newer refrigerator, gas stove, attractive cabinets and opens to the living rm and dining area. Enjoy the natural light from the corner windows at the sink and the skylight. There is an additional room that could be used as a den, office, or whatever you choose! The owner's suite has ample closet space, ceiling fan, deep tub, a separate shower, and 2 sinks! The hall bath has a shower tub combo. Washer and dryer in the Laundry room are included! 2 car carport and huge shed, easy care yard allowing time to enjoy the community amenities and activities in the very large clubhouse with a full kitchen, a card room, an exercise room with billiards and ping pong, a spa, Hobby House with a library, a laundry, bocce ball ct., and dog park. Two pets are allowed with manager's approval of the size and breed. The seller has just authorized a HUGE PRICE IMPROVEMENT! You may be asking why it is such an affordable price when it is such a nice 2004 manufactured home? It is not due to the condition. This is a MOVE-IN READY home, with updated vinyl plank flooring! The current market price for this home, in the desirable Morro Shores would be in the low $400,000's. This price reduction balances the higher lease cost. The lease would be $1950 a month for the new owner, which is equal to the current market lease for Morro Shores. Any homeowners in Morro Shores that own their home as a second home, will pay the same current market rate. However, some owners in Morro Shores have a lower space lease because it is their primary residence, and they are able to take advantage of the local area rent control. Leases under rent control vary due to when and how often the home has changed ownership. If the buyer makes this their primary residence, then they also will have the advantage of rent control. This new price reduction allows the buyer to purchase it WAY BELOW market. It is enough below market to compensate for about 8 YEARS worth of difference between its lease cost and the average lease costs of recent sales in Morro Shores on rent control! What a deal for the person who has been dreaming of owning a second home in Morro Shores! If you are making this your permanent residence, this is an even better deal! Easy to show!
Location
State CA
County San Luis Obispo
Area Osos - Los Osos
Building/Complex Name Morro Shores Mobile Home Park
Rooms
Other Rooms Shed(s)
Ensuite Laundry Laundry Room
Interior
Interior Features Built-in Features, Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Laundry Location Laundry Room
Heating Forced Air
Flooring Carpet, Vinyl
Fireplace No
Appliance Dishwasher, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Laundry Laundry Room
Exterior
Exterior Feature Awning(s), Rain Gutters
Garage Attached Carport
Pool None
Community Features Dog Park, Hiking, Preserve/Public Land, Water Sports
Roof Type Composition
Porch Front Porch
Parking Type Attached Carport
Private Pool No
Building
Lot Description Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Shed(s)
Construction Status Turnkey
Schools
School District San Luis Coastal Unified
Others
Pets Allowed Call
Senior Community Yes
Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Pets Description Call
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Bought with Jane L'Heureux • Lighthouse Realty