687 Islay, San Luis Obispo, CA 93401
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: linda wilson, aimee edsall
Office: central coast sotheby's international realty
MLS#:SC26013167
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,900,000
About this home
Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispos 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 propertys 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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Home facts
- Listing ID #:SC26013167
- Added:55 day(s) ago
- Updated:April 10, 2026 at 02:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Heating and cooling
- Heating:Fireplace
Structure and exterior
- Roof:Composition
- Construction Materials:Wood
- Levels:2 Story
Finances and disclosures
- Price:$3,900,000
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