687 Islay, San Luis Obispo, CA 93401

San Luis Obispo
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
687 Islay,San Luis Obispo, CA 93401
$2,600,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: linda wilson, aimee edsall
Office: central coast sotheby's international realty
MLS#:SC26013167
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,600,000

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...

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Home facts

  • Subdivision & Development:San Luis Obispo(380)
  • Listing ID #:SC26013167
  • Added:190 day(s) ago
  • Updated:August 23, 2026 at 01:59 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:$2,600,000
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