655 Monterey Street, San Luis Obispo, CA — listing photo 1
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FOR SALE

655 Monterey Street

San Luis Obispo, CA 93401
26,308 Lot Sq Ft
$6,930,000
Price ReducedWas $7,700,000 — $6,930,000 (-$770,000)

Property Overview

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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Home Details

Property type
Land
Lot size
26,308 sq ft
Days on market
118
MLS status
Active
Zoning
CD-S-H

Features & Amenities

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Community

Subdivision
San Luis Obispo(380)
View
Yes

Utilities

Water
Public
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Location & Neighborhood

655 Monterey Street

San Luis Obispo, CA 93401

Frequently Asked Questions About 655 Monterey Street

Property type: Land

The current asking price is $6,930,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 655 Monterey Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Luis Obispo, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Luis Obispo property.
The MLS currently reports the property as Active. It has been listed for 118 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Steve Davis
MLS ID: SL01843738

Available property

$6,930,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.