687 Islay #1-9, San Luis Obispo, CA 93401

San Luis Obispo
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
687 Islay #1-9,San Luis Obispo, CA 93401
$2,900,000
Virtual Tour
  • - Beds
  • - Baths
  • 5,888 sq. ft.
  • Multi-family
  • Active
Listed by: linda wilson, aimee edsall
Office: central coast sotheby's international realty805-781-6040
MLS#:SC26013167
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$492.53

About this home

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, social room, and laundry facility. Historic character is preserved through ornate Victorian detailing, original redwood built with 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...

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Home facts

  • Year built:1895
  • Listing ID #:SC26013167
  • Added:136 day(s) ago
  • Updated:June 30, 2026 at 02:13 PM

Rooms and interior

  • Flooring:Carpet, Wood
  • Kitchen Description:Dishwasher, Gas Range, Refrigerator
  • Basement:Yes
  • Living area:5,888 sq. ft.

Heating and cooling

  • Heating:Fireplaces, Natural Gas, Wood Stove

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1895
  • Building area:5,888 sq. ft.
  • Lot area:0.48 Acres
  • Lot Features:Back Yard, Corner Lot, Front Yard, Garden, Lawn, Street Level, Walkstreet, Yard
  • Architectural Style:Victorian
  • Construction Materials:Lap Siding, Redwood Siding, Wood Siding
  • Exterior Features:Lighting
  • Foundation Description:Concrete Perimenter, Raised, Stone
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$492.53
  • Tax amount:$3,306

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Attic, Carbon Monoxide (CO2) Detector, Ceiling Fans, Foyer Entrance, High Ceilings, Koi Pond, Laminate Counters, Paneling/Wainscoting, Skylights, Storage, Water Heater

Parking

  • Total parking spaces:15
  • Parking description:Door-Single, Driveway, Driveway Level, Garage, Garage Faces Side, Off Site, On Site, Side By Side, Unassigned, Unpaved
  • Garage:Yes
  • Garage spaces:6
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