Investor alert with panoramic ocean and Morro Rock views in Morro Bay! This major fixer-upper offers rare 5-bedroom potential and incredible upside. Currently configured as a 3-bedroom, 1.5 bath home with a den, it features approx. 1,924 sq ft on a 6,800 sq ft lot in a prime R2-zoned location. A recently installed elevator in the garage adds modern accessibility and long-term value. The attached 4-car garage with covered carport includes a half bath and shower, and offers potential to add two more bedrooms or a junior ADU. The property boasts a Caribbean-themed tropical oasis, ready to be restored to its full charm. Elevated to capture breathtaking views of the ocean and iconic Morro Rock, this two-story home delivers big potential. Enjoy the Central Coast lifestyle—hiking, sailing, paddling, wine tasting, and dining along the Embarcadero, Cayucos, and Morro Bay. Property Profile states 5 bedrooms, 3-car garage, and single-story layout—buyer to verify. Priced to move—don’t miss this coastal opportunity! Seller will not do any repairs or credits other than required toilet retrofits.