Perched in the heart of Morro Bay, this exceptional coastal property delivers breathtaking, unobstructed views of the iconic Morro Rock, the stacks, and the sparkling Pacific Ocean - all from an expansive 8,700 sq ft lot zoned high density. The main residence is a 3-bedroom, 2-bathroom home designed for comfort and accessibility, featuring high ceilings, an ADA-compliant primary ensuite, and a private elevator. Entertain in style on the large deck, where a sunroom and spa await alongside some of the most stunning views the Central Coast has to offer - the perfect setting for morning coffee or sunset gatherings. A 2-car garage and a generous attached carport ensure ample parking and storage for residents and guests alike. Adding exceptional versatility and investment appeal, the property includes a detached 1-bedroom, 1-bathroom additional dwelling unit situated above its own garage. Full of potential, this unit is a blank canvas ready for your vision - whether as a rental income source, guest quarters, or creative retreat. An attached workshop rounds out the back of the property, ideal for hobbyists, craftspeople, or additional storage. Whether you're seeking a primary coastal residence with room for family, a savvy investment opportunity, or the flexibility of multi-generational living, 435 Dunes checks every box. Don't miss this rare Morro Bay gem - properties like this don't last.