UPDATE (3:45 p.m.): Morro Bay Fire officials said there were no reported injuries from the blaze.
A preliminary investigation shows the fire started inside the garage of the home, then spread to an electric vehicle parked in the driveway.
Authorities said the estimated cost of damage is between $200,000 and $300,000.
The cause of the fire is still under investigation and is being led by the Morro Bay Fire Department and CAL Fire SLO.
Emergency crews are responding to a structure fire on the 500 block of Bernardo Avenue in Morro Bay.
The fire broke out around 6:43 P.M.
CAL Fire SLO confirmed they are assisting Morro Bay Fire Department with the incident.
A photo sent to KSBY News by Morro Bay resident Brian Hodgson shows heavy smoke in a residential area.
No details on injuries or property damage have been disclosed at this time.
This is a developing story.