$2,600,000
Price decreased by $300,000 on Aug 07, 2026

Historic Downtown Victorian Estate

  • 9 Beds
  • 11 Baths
  • 5,888 Sqft
  • 20,909 Sqft lot
  • 5
    Views for last 30 days
  • MLS#SC26013167

About the Property

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.

  • 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 View on Google Maps
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Linda Wilson

Joined 4 years ago
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Linda Wilson
California, United States
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2023
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Central Coast Sotheby's International Realty
Central Coast Sotheby's International Realty
711 Tank Farm Road Suite 100, 93401, San Luis Obispo, 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.

OUR VALUES

* 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.

* We Lead the Way
We are always seeking new and relevant information to better serve our
clients.

* We Know that People Make the Difference
We actively cultivate an environment of respect, support, honesty,
collaboration, and fun.

* We are Genuinely Passionate About What We Do
Passion and attitude cannot be taught, but are essential to success – in
life, and in business.

* We Give Back, and We Get Involved
Our team gets involved in our communities, develops relationships, and always
makes decisions we believe are in the best interests of this place we call
home.
Last updated
August 7
First listed
Feb 20
Listing reference
W5P2V6
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