Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, sto
Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, a social room, and a laundry facility.
Historic character is preserved through ornate Victorian detailing, original Douglas fir accents, soaring 12-foot ceilings, and expansive windows, while offering modern conveniences throughout. A large basement, park-like grounds, patio areas, and barbecue space enhance the property’s appeal.
In addition to its existing income-producing layout, the property offers potential for future expansion and increased density, subject to local zoning and planning approvals. Development flexibility may allow for additional units or alternative configurations, presenting a rare opportunity for investors and owner-users alike.
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Property type
House
Year built
1865
Price/sqft
$441
Features
Garage
Garden
Fireplace
Vineyard / Winery
Basement
Laundry Room
Explore the Area
687 Islay Street , San Luis Obispo, CA 93401, California, United States
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Central Coast Sotheby’s International Realty is the leading independent real estate brokerage in San Luis Obisp
Central Coast Sotheby’s International Realty is the leading independent real estate brokerage in San Luis Obispo and California’s Central Coast, providing innovative solutions and superior customer service through a team of dedicated professionals. Our unstoppable drive to exceed client expectations while positively shaping the communities in which we work and live sets us apart from the rest.
These strategic partnerships give Central Coast Sotheby’s International Realty clients and agents access to one of the world’s largest networks of properties for buyers and sellers, unprecedented access to global listings, international reach, and a distinguished reputation.
In addition to San Luis Obispo, we have offices and local expertise across the central coast including Paso Robles, Templeton, Atascadero, Morro Bay, Cambria, Cayucos, Avila Beach, Pismo Beach, Shell Beach, and Arroyo Grande and Nipomo.
We attract the highest caliber of realtors in the field, and our loyal roster of clients have made us the leading real estate firm in the Central Coast. Whether you are listing or acquiring property, or want to join the leading real estate brokerage in the area, we stand behind a brand that has always represented trust and excellence. You can count on it.
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* We are Client-Focused At Central Coast Sotheby’s International Realty, we are dedicated to our clients’ needs and to exceeding expectations through our commitment to hard work, genuine care, and integrity.
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