The median home value in San Luis Obispo, CA is $940,000.
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 $940,000.
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.
The historic Madonna-Twisselman Ranch features 360 acres of gently sloping lakefront land nestled between the base of Cerro San Luis along the northern property line and encompassing a portion of Laguna Lake to the southeast section. Cerro San Luis Obispo, or commonly referred to as Madonna Mountain by locals, is a member of the or Nine Sisters, a chain of prominent volcanic peaks stretching east from Morro Bay.A stream runs along the foothill frontage of the property with several intermittent streams running from Cerro San Luis to the lake. The ranch is only 10 miles from Avila Beach to the south, 10 miles from Morro Bay to the west, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo. The San Luis Obispo County Regional Airport is just 6 miles away and offers 3 passenger airlines which serve the airport with nonstop flights to 8 cities. This is an unparalleled opportunity for an astute buyer looking for a ranch with a wealth of possibilities located in the heart of San Luis Obispo.Agricultural Opportunities:The property soil classifications and microclimate are suitable for farming many permanent or rotational crops that the region is well known for. Currently there are no irrigated or dry crops produced on the property. The ranch is presently used for raising brood mares and foals.Subdividing by Lot Line Adjustments: The ranch is comprised of 4 APNs and 7 parcels with recorded certificates of compliance. The ranch offers a buyer an opportunity to reconfigure the parcels into a variety of layouts through lot line adjustments, versus having to go through a lengthy mapping process. After processing a LLA a buyer could sell off some or all of these smaller portions of the ranch at a substantial premium.Future Development Opportunities: The property is not in the Williamson Act and could allow for potential future development, mostly likely as part of a rezone and an annexation into the city. The ranch and surrounding properties are within the Citys Sphere of Influence Area 9. The area is bounded by Los Osos Valley Road to the south and Foothill Boulevard to the east. The City has identified the potential land use for this area as Residential and Open Space. Much smaller ranches in the area that have been annexed into the city and rezoned have sold for over multiple times the asking price of this opportunity.Call for offers due May 24, 2024.
Drawings for a Modern Design or a Craftsman Design. Rare opportunity to build dream home on this 50 x 108 sqft lot in sought after Monterey Heights, SLO neighborhood. Panoramic views feature sunrises over Cuesta Ridge and sunsets over the Irish Hills, SLO mountain, and Bishop Peak. It's close proximity to Cal Poly, Cuesta and Buena Vista Parks as well as the Performing Arts Center makes this an ideal location. Design your own home or use plans provided to start your building process.
Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.
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
Welcome to 878 Murray, an amazing opportunity in the heart of one of San Luis Obispo's most desirable neighborhoods! Situated in the Anholm District, the lot is flat and enjoys frontage along a beautiful tree lined boulevard. Homes along this street are extremely valuable and rarely come to the market. This is a chance to build your dream home, along with opportunities for an Accessory Dwelling Unit (ADU). The property is close to downtown, Cal Poly, and Highway 1 which leads to the coastal towns of of Morro Bay and Cayucos. Property survey and site/home design work has been completed, so please inquire for more details.
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