The median home value in San Luis Obispo, CA is $945,000.
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 $945,000.
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.
Nestled along the coveted Avila Beach Drive, directly across from the iconic Avila Valley Barn, lies an awe-inspiring 55-acre estate that redefines coastal living. This extraordinary property with 3 certified graded building pads offers an unparalleled opportunity to create a legacy amidst breathtaking natural beauty. Approximately $870,000 in improvements and permits have been paid to date by the seller. The property has a private electronic gate and is approved with 3 unique building pads. Located on the top pad, the main residence with views all the way to Cerro San Luis is approved for up to 4,500 SF with pool, spa and ADU ideal for guests or multigenerational living. The pad below is approved for a 2,500 SF secondary residence. The lower pad has paid permits for a 5,000 SF Barn with residence that offers ample room for hobbies, workshops, or events. Immerse yourself in the grandeur of nature with panoramic ocean views from the mountaintop trails. Discover hidden seasonal waterfalls that add a touch of magic to the landscape. Explore the private trails that wind through the property, offering opportunities for exercise and connecting with nature. This one-of-a-kind estate offers the ultimate balance of seclusion and accessibility. Enjoy the peace and quiet of a private mountainside sanctuary while remaining close to town. Whether you seek a private family compound or a multigenerational haven, the possibilities are endless. Seize this once-in-a-lifetime opportunity to own a piece of paradise.
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.
This beautiful ranch is located just south of Camp San Luis, west of Cerro Romauldo mountain and nestled within the Nine Sisters, a chain of prominent volcanic peaks. The ranch is only 12 miles from Avila Beach to the south, 8 miles from Morro Bay Beach to the northwest, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo.The property is fenced and has no structures. The road which leads to the top of the mountain has recently been redone and offers breathtaking 360 degree views and peaks of the Pacific Ocean. Several natural springs run through the property, as well as one Ag well which produced approximately 27 GPM at only 16 feet. Currently there are no crops grown on the ranch, but it has been leased in the past for cattle grazing. The soil is comprised of a mix of clays, loam and rock outcrop. The property is in the Williamson Act which offers a buyer an extremely lower tax basis. Low interest rate loan may be assumable.Approximately 40 acres of the property are flat or relatively flat, with the remaining rolling hills and breathtaking peaks. The ranch features several possible building sites for your dream home. Dont miss out on this opportunity to purchase an amazing piece of the central coast.
Discover the endless possibilities on this expansive 98.97-acre parcel of vacant and fenced farmland located just minutes from downtown San Luis Obispo, Los Osos, and Highway 101! With the potential to build not just one, but two single-family dream homes, each with their own additional dwelling unit (ADU) or guest house, this property is a rare gem for those seeking to create a unique residential haven or legacy ranch on the Central Coast. Nestled within the picturesque country landscape, with impressive views of the "Seven Sisters" and surrounding hillsides, this property features the invaluable presence of a drilled well and acres of usable coastal farmland. Whether envisioning a family estate with separate residences, a coastal ranch for animal or horse enthusiasts, or a working farm, this blank canvas invites you to turn dreams into reality. Don't miss the chance to own a nearly 100-acre canvas of opportunity in this sought-after locale. A portion of the property is located in a floodplain and may have some building limitations. Adjoining 30.83-acre property with a farmhouse, barn and two parcels at 225 O'Connor Way is currently for sale and can be purchased with this property; contact your realtor today!
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
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.
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.
Welcoming you to the heart of the picturesque Edna Valley, Jack Ranch stands as the epitome of luxury living on the CA Central Coast. Named after a pioneering family, this 281-acre estate offers an unparalleled blend of natural beauty, agricultural bounty, and prime location. Jack Ranch enjoys a coveted position within the prestigious SLO Country Club gates and renowned Edna Valley American Viticultural Area. The property is just minutes away from acclaimed wineries, tasting rooms, and the verdant fairways of the SLO Golf & Country Club. With downtown SLO just 5 miles away and Pismo Beach within an 8-mile radius, convenience meets luxury here. Spanning 281 acres, Jack Ranch boasts a diverse agricultural landscape, including 156 acres under cultivation and protected by a perimeter deer fence. The vineyard encompasses 74 acres planted with a selection of premium grape varietals, including Chardonnay, Pinot Noir, Albario, Grner Veltliner, and Tempranillo. With a robust production history yielding an average of 4 tons/acre over the past decade, the vineyard presents a lucrative opportunity for the discerning vintner. Additionally, 67 acres of lemon groves in their 3rd year of growth offer a thriving revenue stream, with produce sold to renowned distributors such as Bee Sweet Citrus. The property benefits from Williamson Act status, ensuring reduced property taxes and long-term sustainability. Jack Ranch presents entitlements for 2 custom homes, along with 1 ADU. Accessible through the SLO Golf & Country Club gates, each homesite promises unrivaled privacy. With hookups available for county sewer and amenities such as water and natural gas on-site, building your dream home has never been more seamless. Plus, with no HOA, you have the freedom to design and construct to your heart's content. Completing the estate is a 3,200 sq ft metal shop/barn equipped with 3 bays and office space, ideal for storing equipment or pursuing hobbyist endeavors. Water security is ensured with 4 wells, each outfitted with electric-powered pumps and a substantial 500,000-gallon metal holding tank, providing ample supply for agricultural and residential needs.Whether you aspire to cultivate award-winning wines, bask in the tranquility of rural living, or simply indulge in the finest amenities of CA's Central Coast, Jack Ranch offers an unparalleled canvas for realizing your vision. Seize this opportunity to own a piece of paradise in one of the most coveted locales on the West Coast.
Introducing 2151 San Luis Drive, a captivating vacant lot with .41+/-acresor17,860+/-square feet of expansive land. Located in the prestigious San Luis Creek Estates, this property may offer a coveted blend of tranquility, convenience, and luxury. The propertyoffers spectacularpanoramicviews of Bishop Peakandaccess to nearby hiking trails.This picturesque setting offers a great backdrop and inspiration for yourfuture homeideas,creative planning, and more!Additionally, with city-designated open space in the rear of the property, you'll enjoy thepotentialprivacy and a connection to nature. Don't miss the opportunity to make this exceptional property your own. Contact us today to schedule a viewing and experience the unparalleled beauty of 2151 San Luis Drive firsthand!
Build your dream home in the desirable San Luis Dr. neighborhood on this vacant lot. This lot has building permit plans approved by the city of SLO - You can start building right away. The lot is 10,454 sq ft on a cul-de-sac backing up to a beautiful oak tree hillside designated as city open space. The approved house pans feature a living area of 3,166 sq ft with 4 bedrooms, 3.5 baths, 1 office, 2 car garage, 2nd floor deck, covered porch, and a walk in 625 sq ft unconditioned space with 8' ceilings. This open floor-plan is designed with the living room, kitchen, dining room, and master bedroom on the 1st floor level. Tree removal permit is included with building permit.
Jack Ranch stands as the epitome of luxury living in Edna Valley. Named after a pioneering family, this 281-acre estate offers a blend of natural beauty, agricultural bounty, and a prime location within the SLO Country Club gates and American Viticultural Area. Just minutes away from acclaimed wineries, tasting rooms, and the fairways. With downtown SLO just 5 miles away and Pismo Beach within an 8-mile radius, convenience meets luxury. Jack Ranch boasts 156 acres under cultivation and is protected by a perimeter deer fence. The vineyard encompasses 74 acres planted with a selection of premium grape varietals, including Chardonnay, Pinot Noir, Albarino, Gruner Veltliner, and Tempranillo. With a robust production history yielding an average of 4 tons/acre over the past decade, the vineyard presents a lucrative opportunity. 67 acres of lemon groves in their 3rd year of growth offer a thriving revenue stream, with produce sold to renowned distributors such as Bee Sweet Citrus. The property benefits from Williamson Act status, ensuring reduced property taxes and long-term sustainability. Jack Ranch presents entitlements for 2 custom homes, along with 1 ADU. With no HOA and hookups for county sewer and amenities such as water and natural gas on-site, building your dream home has never been more seamless. 3,200 sq ft metal shop/barn equipped with 3 bays and office space. 4 wells, each outfitted with electric-powered providing ample supply for agricultural and residential needs.
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
Legacy opportunity to purchase 38 acres of raw land at the top of Baron Canyon Ranch. Enjoy private access from the gated community without having to pay home owners association dues. As you climb up Baron Canyon Ranch Road and Balm Ridge Road, this property is quietly tucked away at the very end of the neighborhood. The site features superb views of the ocean and surrounding hills and is only three miles from the San Luis Bay Drive freeway exit, providing very convenient access to San Luis Obispo or South County while maintaining ultimate privacy and views. The majority of the parcels within the Baron Canyon HOA development are between 1 to 3 acres, however this property is not within the planned community and is significantly larger (38.58 acres) with better panoramic views. Parcel analysis prepared by licensed architect is available upon request. Contact us to schedule a private tour of this rare opportunity any time.