The median home value in San Luis Obispo, CA is $986,881.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in San Luis Obispo, CA is $986,881.
Approximately 38% of San Luis Obispo homes are owned,
compared to 55% rented, while
6% are vacant.
San Luis Obispo real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact San Luis Obispo real estate agent to arrange a tour today!
Learn more about San Luis Obispo.
Amazing development opportunity in one of the best cities on the California Central Coast! Flat, accessible land zoned R4 right in the Downtown San Luis Obispo neighborhood. Per the city, density allows for 8 units - potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It's a Walkers Paradise so daily errands do not require a car. Bike score is a very bike-able 75. Nearby parks include Mission Plaza, Santa Rosa Park and Mitchell Park. San Luis Obispo has an average Walk Score of 56 and has 45,119 residents. Downtown is absolutely bustling with activity. There are coffee shops, restaurants, tons of retail and commercial, rooftop bars, underground breweries, museums, historic landmarks including Mission San Luis Obispo de Tolosa est. 1772 in Mission Plaza. There are cultural events, not to mention Thursday Farmers Market, and Bubblegum Alley. You can be at Morro Bay or Pismo Beach in ten minutes or get right on the 101 and go wherever you need to go. Whether building for students or busy professionals, this site is perfect for your next project. The City of San Luis Obispo recognizes the need for housing and is excited to work with you. There may be Housing Finance Agencies (HFAs) offering additional credits or soft funding.
An exceptional opportunity awaits in the San Luis Obispo Coast AVA, where two adjacent 43-acre parcels offer prime vineyard land, residential development potential, and long term investment value. Available together for $3.6 million or separately for $1.8 million each, these properties present a rare chance to own a piece of Californias celebrated wine country. Planted predominantly with high-demand Pinot Noir, both properties thrive on fertile clay loam soil and consistently produce 4 tons per acre annually in CA Grape Pricing District 8. With strong offers, sellers are open to a two-year vineyard lease, making this an attractive option for investors or winemakers looking to expand. The parcels are also zoned for up to two homeseach, offering the perfect opportunity to create a custom vineyard estate with breathtaking views of the Seven Sisters, including Islay Hill. Ideally located near San Luis Obispos vibrant downtown, these properties provide the perfect balance of rural privacy and accessibility to world-class dining, entertainment, and amenities. Whether purchased together as an expansive 86-acre vineyard estate or separately as individual 43-acre parcels, this is a rare chance to invest in one of Californias most sought-after wine regions. Contact us today to explore this incredible opportunity!
Great opportunity just outside of San Luis Obispo City Limits. Bordering Hwy 1 to the East, this Agricultural zoned 43,996 sq. ft. lot has numerous possibilities. Listed under title 22, section 22.06.030, some of the uses are, Single Family residence with an ADU, Veterinary Hospital or Kennels, Warehousing, Cultivation, Small Scale Manufacturing and much more. Buyer to research and verify information with the county planning and building department for potential uses.
Oversized 17,382 SF parcel with completed SB9 tentative lot split map. New Buyer can choose to complete the SB9 lot split or keep the large lot as is.Located in the coveted Sinsheimer neighborhood, this spacious parcel is perched above Johnson on a flag lot, ideally located in the banana belt with the best microclimate in town to take advantage of the beautiful views & weather.Utilities are in the ground and the city has issued a compliance letter for the SB9 tentative map lot split, should a new Buyer choose to continue going that route. Close to Sinsheimer Park, SLO high school, Sinsheimer Elementary, Terrace Hill and downtown SLO, this is an incredible opportunity to step into a ready-to-split lot.
Discover a unique opportunity to create your ideal home on this spacious .41 acre, 17,860 sf lot in the highly sought-after San Luis Creek Estates. Nestled along San Luis Drive, arguably the most desirable street in San Luis Obispo, this neighborhood is known for its well-established, tree-lined streets and close proximity to downtown.This property offers a perfect blend of natural beauty and convenience, with gorgeous views of Bishop Peak and easy access to nearby hiking trails. The setting is enhanced by city-designated open space at the rear of the lot, providing added privacy and a tranquil connection to nature. Additionally, a completed soils report and drainage calculations are included, streamlining the planning process. City approval has also been secured for the removal of two large trees, allowing for an even more expansive design layout.Whether youre dreaming of a peaceful retreat or a custom-designed home, this lot is ready to inspire your vision. Conceptual renderings highlight the endless possibilities for this property, including the potential for a pool! Dont miss the chance to turn this exceptional property into your own private retreat.
Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants. New ownership will benefit from the well designed project by Arris Architecture and a bid in hand from JW Design.
This 43-acre parcel in the SLO Coast AVA offers exceptional potential for winegrowers and residential development. Situated in the highly regarded CA Grape Pricing District 8, the property is planted predominantly with Pinot Noir, offering consistent yields and excellent investment potential for vineyard expansion or boutique wine production.The fertile, flat clay loam soil supports the regions reputation for high-quality wine grapes, making this parcel an attractive opportunity for those seeking to combine productive agricultural operations with residential development.With zoning allowing for the construction of up to two homes, this property offers a rare chance to create a custom retreat with sweeping views of the Seven Sisters, including nearby Islay Hill. Whether envisioning a luxury vineyard estate or a family home integrated into the picturesque SLO Coast AVA landscape, this parcel provides the flexibility and potential to make it a reality.Conveniently located on Vintage Ranch Road, the property is close to the vibrant city of San Luis Obispo while offering the privacy and beauty of one of Californias premier wine regions.
Located in the heart of the San Luis Obispo Coast AVA, this 43-acre parcel offers a rare opportunity for winegrowers, investors, or those seeking to create a custom lifestyle retreat in Californias renowned wine region. With Pinot Noir vines covering the majority of the acreage, this property combines productive vineyard ground with the flexibility to develop residential homesites. This is one of two parcels, and is NOT in the Williamson Act.The vineyard thrives on flat, fertile clay loam soil, producing a consistent yield of 4 tons per acre annually. Situated in CA Grape Pricing District 8, known for premium demand and pricing, the parcel offers excellent investment potential for those looking to enter or expand in the high-value region. With strong offers, the Sellers are offering up to a two year vineyard lease.The property allows for the construction of up to two homes, with stunning panoramic views of the Seven Sisters, including Islay Hill. For those looking to craft a bespoke estate, this parcel provides endless potential to blend a working vineyard with the beauty and lifestyle of Californias Central Coast.Positioned on Edna Road, this prime acreage offers a desirable blend of profitability and lifestyle appeal, with close proximity to San Luis Obispos thriving amenities and the tranquility of the surrounding countryside.
The largest (M) Manufacturing zoned parcel left in the City of San Luis Obispo. Rare and desirable zoning allows many uses not allowed in other zones in the City. Level, rectangular parcel allows many possible options for development including mini storage, warehouse/industrial, single-tenant owner/user or possible subdivision to smaller commercial lots. Easy Freeway access.Owner may carry back a 1st trust deed. $6,900,000
Phase 1 of sub-division consisting of 1 APN, and one additional APN granted once the final map is recorded. These lots are in the county of SLO bordering new home developments to the west and north sides of the land. Included in the sale are two " will serve" private water company meter allotments ( 1 existing, and 1 purchased from Afuero Water Co) Phase 1 lots offered here, ( pink / yellow) depicted on the photos, can be sold with phase 2 of the sub-division located at 3876 Orcutt Road as a complete package if desired ( mint/ purple) depicted on the map photo. Proper street name and number to be named when final map is recorded. Seller has been working on this project for 5.5 years to get to this stage. County has the ability to modify final map requirements at any time before recording final map. Possible owner financing available.
A commercial developers dream, the Prado Road Business Park presents an approved commercial subdivision in San Luis Obispo, featuring an 11 net acre 6-lot tract zoned Business Park, allowing a wide array of uses. Commercial tracts of this size are rare in the City of SLO and typically take up to a decade to get approved. Construction documents have been completed to finish the tract, and lot lines can still be adjusted to suit specific needs. In addition, the front two parcels of the tract are approved for 49,000 sf of medical space. A rare, unique opportunity to step into a turnkey commercial tract in the City of San Luis Obispo. $7,995,000
Amazing opportunity to own one of the very last lots in the desirable Stoneridge neighborhood, ideally situated at the base of the South Hills. This property boasts a generous 4500 square feet, situated on a view lot where you can enjoy both the city and beautiful mountains. This is the perfect opportunity to design and build your dream home. Close enough to town to be convenient while still providing a tranquil retreat from the hustle and bustle. Additionally, The nearby hiking trails and paths mean outdoor enthusiasts will find plenty to explore and enjoy. With its ideal blend of location and panoramic views, this opportunity is not to be missed. Act swiftly to seize this chance, as it's sure to attract attention and won't remain available for long.
Welcome to Jack Ranch, the crown jewel of Californias Central Coast, where luxury living meets world-class viticulture in the heart of the renowned Edna Valley AVA. Named after a pioneering family, this 281-acre estate offers a rare blend of natural beauty, agricultural excellence, and an unbeatable location. Situated behind the exclusive SLO Country Club gates, Jack Ranch enjoys a coveted position just minutes from award-winning wineries, celebrated tasting rooms, and the pristine fairways of the SLO Golf & Country Club. With downtown San Luis Obispo just 5 miles away and Pismo Beach within 8 miles, this estate delivers both seclusion and convenience. Spanning 74 acres, Jack Ranch's vineyard is a premier producer of top-tier grape varietals, including Chardonnay, Pinot Noir, Albario, Grner Veltliner, and Tempranillo. With an impressive production history of 4 tons per acre over the past decade, the vineyard is managed by Pacific Coast Farming with the grapes sold to premium wineries. Beyond the vineyard, the estate boasts 67 acres of flourishing lemon grovesnow in their third year of growthwith full service orchard management, sales and shipping by Bee Sweet Citrus. With 156 acres under cultivation and secured by a perimeter deer fence, Jack Ranch presents a rare and lucrative agricultural opportunity. Additionally, Williamson Act status ensures reduced property taxes, enhancing long-term sustainability. Jack Ranch is entitled for two custom homes, plus an ADU, providing a private and luxurious living experience. Accessible through the SLO Golf & Country Club gates, each expansive homesite offers unrivaled privacy. With hookups available for county sewer, water, and natural gas, building your dream estate has never been easier. No HOA restrictions mean you have the freedom to design and build as you envision. Completing the estate is a spacious 3,200 sq. ft. metal shop/barn, featuring three bays and office space, ideal for equipment storage or personal projects. Water security is assured with four wells, each equipped with electric-powered pumps, and a 500,000-gallon metal holding tank, providing ample supply for both agricultural and residential use. Entitlement for a grape processing facility enhances future potential and productivity. Whether you seek to produce world-class wines, embrace a serene rural lifestyle, or build a legacy estate, Jack Ranch offers an extraordinary opportunity in one of the most coveted locations on the West Coast.
Welcome to Jack Ranch, the crown jewel of California's Central Coast, where luxury living meets world-class viticulture in the heart of the renowned Edna Valley AVA. Named after a pioneering family, this 281-acre estate offers a rare blend of natural beauty, agricultural excellence, and an unbeatable location. Situated behind the exclusive SLO Country Club gates, Jack Ranch enjoys a coveted position just minutes from award-winning wineries, celebrated tasting rooms, and the pristine fairways of the SLO Golf & Country Club. With downtown San Luis Obispo just 5 miles away and Pismo Beach within 8 miles, this estate delivers both seclusion and convenience. Spanning 74 acres, Jack Ranch's vineyard is a premier producer of top-tier grape varietals, including Chardonnay, Pinot Noir, Albarino, Gruner Veltliner, and Tempranillo. With an impressive production history of 4 tons per acre over the past decade, the vineyard is managed by Pacific Coast Farming with the grapes sold to premium wineries. Beyond the vineyard, the estate boasts 67 acres of flourishing lemon groves--now in their third year of growth--with full service orchard management, sales and shipping by Bee Sweet Citrus. With 156 acres under cultivation and secured by a perimeter deer fence, Jack Ranch presents a rare and lucrative agricultural opportunity. Additionally, Williamson Act status ensures reduced property taxes, enhancing long-term sustainability.
Build your dream house on this rare and hard to find Irish Hills area lot with some of the most incredible views in San Luis Obispo. This lot sits high on the hill in the Emerald Hills Tract area over looking the valley with underground utilities and streets. This amazing view lot has been kept in the family undeveloped for many years and is now being offered for sale. This lot borders a large Open Space area on two of its sides and street access on the third side. This view lot is just under a full acre but has a permeant Tract recorded easement over the adjacent Open Space area in favor of this specific lot for a driveway increasing this lots overall usable footprint to over an acre. Please refer to the supplemental attachments for more details of the recorded Emerald Hills Tract Map 1875
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