655 Monterey Street San Luis Obispo, CA $ 7,700,000
655 Monterey Street
$ 7,700,000
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655 Monterey Street

San Luis Obispo, CA, 93401
$ 7,700,000
Baths0.0

Monthly Estimate*

$ 47,410

Listed by McCarty Davis, Inc.
655 Monterey Street, San Luis Obispo, CA 93401 - Image 1
655 Monterey Street, San Luis Obispo, CA 93401 - Image 2
655 Monterey Street, San Luis Obispo, CA 93401 - Image 3
655 Monterey Street, San Luis Obispo, CA 93401 - Image 4
655 Monterey Street, San Luis Obispo, CA 93401 - Image 5
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Studio

Lots and Land for sale in San Luis Obispo, CA

for $7,700,000. The lot size is 0.6039.

Monterey Place is an exclusive shovel ready mixed-use infill development on one of the last remaining raw land parcels in downtown San Luis Obispo. Fronting San Luis Obispo Creek and its scenic boardwalk, the project offers a vibrant urban setting with an inviting outdoor atmosphere. Located just steps from shops, restaurants, entertainment, Mission San Luis Obispo, the city plaza, and the renowned Thursday Farmers Market, the site is surrounded by the city’s most desirable amenities. Across the street, a new Performing Arts Center and parking structure are underway, further enhancing the area. The development features retail space along Monterey Street, a creekside restaurant with open-air dining, an open-air plaza, secure underground parking, boutique hotel rooms, and elegant creekside residences. Upper floors include for-sale one- to three-bedroom condos designed for modern urban living. Close to beaches, Central Coast wine country, Cal Poly, and nearby open space, Monterey Place offers a rare opportunity to experience a complete downtown lifestyle in a highly walkable, premier location.

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Lots and Land Active

Price

$ 7,700,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.6039

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

SC26005937

Days on Market

62

Features
General
Zoning CD-S-H
HOA Fee 0
View Hills
Community Features Biking Hiking Storm Drain(s) Street Lights Sidewalks Urban
County San Luis Obispo
New Construction false
Property Type Land
HOA false
Subdivision Name San Luis Obispo(380)
Special Listing Conditions Standard
Status Active
Directions One lot in from the corner of Monterey St. and Nipomo St.
City San Luis Obispo
Senior Community Y/N false
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 26308
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 26308
Lot Size Acres 0.6039
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* Excluded Features
List By
Mccarty Davis, Inc.

Broker

davis@mccartydavis.com

Email

Affordability Calculator

$47,410
Per Month
100%
0%
0%
Monthly Principal & Interest
$47,410
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$7,700,000 Listed Price

Map


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655 Monterey Street, San Luis Obispo, CA, 93401 is a Lots and Land for sale at $7,700,000 with a lot size of 0.6039. 655 Monterey Street is a studio with 0.0 baths. The property's zip code is 93401 which is in San Luis Obispo, CA