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Investment - Homes for Sale in San Luis Obispo, CA

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  • /35

    $775,000

    • 2 Beds
    • 2.5 Baths
    • 1,572 Sq Ft

    731 Santa Ysabel Ave, San Luis Obispo, CA 93402

    An Exceptional Opportunity in Baywood Park!First time on the market, this unique mixed-use property offers the perfect fusion of work and home life in one dynamic location. Just steps from Baywood Park’s charming business district, this two-story property invites creativity, productivity, and comfortable living. It is the opportunity for you to bring your creative eye to update and innovate

    Jerris Greenblat Windermere Central Coast

    731 Santa Ysabel Ave, San Luis Obispo, CA 93402
  • /24

    $1,749,000

    • 5 Beds
    • 4 Baths
    • 2,769 Sq Ft

    967 Capistrano Ct, San Luis Obispo, CA 93405

    Perched on a peaceful cul-de-sac in San Luis Obispo’s coveted Irish Hills, this spacious 5-bedroom, 4-bath home offers the perfect blend of comfort, flexibility, and stunning natural beauty. The main residence boasts bright, open living spaces filled with natural light, a modernized kitchen ideal for gathering, and seamless indoor-outdoor flow to an expansive deck where panoramic mountain views

    Kelly Vandenheuvel Central Coast Property Sales

    967 Capistrano Ct, San Luis Obispo, CA 93405
  • /52

    $1,295,000

    • 5 Beds
    • 3 Baths
    • 1,953 Sq Ft

    1143 Walnut St, San Luis Obispo, CA 93401

    Investment Opportunity in Prime San Luis Obispo Location – R2 Lot with Expansion Potential! Unlock the possibilities with this centrally located property just minutes from downtown San Luis Obispo and convenient freeway access. Situated on an R2-zoned lot, this unique investment opportunity features a spacious 4-bedroom, 2-bathroom main house built in 1925, plus a detached 1-bedroom, 1-bathroom

    Jennifer hamilton Farrell Smyth Real Estate

    1143 Walnut St, San Luis Obispo, CA 93401
  • /54

    $1,635,000 Open Fri 11AM - 1PM

    • 4 Beds
    • 5 Baths
    • 2,060 Sq Ft

    760 & 762 Woodbridge, San Luis Obispo, CA 93401

    Welcome to 762 & 760 Woodbridge Street, an exceptional and rare investment opportunity located in the heart of San Luis Obispo’s beloved Little Italy neighborhood. This thoughtfully updated, fully furnished multi-unit property offers two distinct living spaces totaling 2,060 sq ft, providing outstanding versatility for owner-occupants, investors, 1031 exchange or those seeking a combination of

    Lindsey Harn Christie's International Real Estate Sereno

    760 & 762 Woodbridge, San Luis Obispo, CA 93401
  • /69

    $1,999,000

    • 3 Beds
    • 4 Baths
    • 3,012 Sq Ft

    3455 Vista Del Ciudad, San Luis Obispo, CA 93401

    San Luis Obispo legacy above the clouds! Discover a rare opportunity to own a 36-acre estate steeped in history and unmatched natural beauty. Perched 1,600 feet above sea level—just 100 feet higher than the iconic Hearst Castle—this extraordinary property offers sweeping views of Hollister Peak, Bishop’s Peak, Laetitia Winery, Morro Rock and Smokestacks, and the San Luis Obispo Valley floor. A

    Lindsey Harn Christie's International Real Estate Sereno

    3455 Vista Del Ciudad, San Luis Obispo, CA 93401
  • /19

    $859,000 Open Sat 10:30AM - 12:30PM

    • 4 Beds
    • 2 Baths
    • 2,206 Sq Ft

    1945 Oceanaire Dr, San Luis Obispo, CA 93405

    This spacious home presents a rare opportunity in San Luis Obispo. With its flexible floor plan and generous square footage, the home is ideal for a variety of uses, including single-family living, college rentals, or even a mid-term rental investment.The interior offers 4 bedrooms, including a bonus room off the primary suite that can easily function as an office, den, or additional sleeping

    Michael Puhek RE/MAX Success

    1945 Oceanaire Dr, San Luis Obispo, CA 93405
  • /16

    $4,000,000

    • 12 Beds
    • 13,065 Sq Ft

    1771 Johnson Ave, San Luis Obispo, CA 93401

    Price Improvement! One-of-a-kind investment opportunity in downtown San Luis Obispo. This property includes nine incredibly well built, standalone, single-family cottages all with attached single car garages. The nine cottages consist of three 2 bed/1.5 bath, two studio/1 bath and four 1 bed/1.5 bath. Each cottage has its own personal backyard and additional off street parking space. All units

    Liz Lee Triad Real Estate Group

    1771 Johnson Ave, San Luis Obispo, CA 93401
  • /25

    $799,000

    • 4 Beds
    • 2 Baths
    • 1,380 Sq Ft

    1827 Pinecove Dr, San Luis Obispo, CA 93405

    Welcome to this versatile single-level home nestled in a well-established neighborhood near Laguna Lake. Brimming with character, this mid-century residence showcases lovingly maintained original details, including scalloped window shelf and classic cut-out shutters that add timeless curb appeal. A mature shade tree and privacy hedges provide a serene and welcoming entrance.Inside the

    Lindsey Harn Christie's International Real Estate Sereno

    1827 Pinecove Dr, San Luis Obispo, CA 93405
  • /75

    $7,950,000

    • 2 Beds
    • 2 Baths
    • 3,200 Sq Ft

    5502 Los Ranchos Rd, San Luis Obispo, CA 93401

    The prestigious 285 acre Jack Ranch is Edna Valley's legacy ranch. Beyond a premier location, this San Luis Obispo prize property includes a sizable vineyard, citrus, rangeland, industrial building, nestled within the ranch that allows up to two (2) homes and ADU. In addition to the homesites, there is a building envelope identified for a future unique industrial building site—all within San Luis

    Holly Smith Vineyard Professional Real Estate

    5502 Los Ranchos Rd, San Luis Obispo, CA 93401
  • /35

    $1,195,000

    • 3 Beds
    • 2 Baths
    • 1,074 Sq Ft

    2375 Boulevard Del Campo, San Luis Obispo, CA 93401

    Charming Mid-Century Gem in Sinsheimer Neighborhood |Located in one of San Luis Obispo’s most desirable neighborhoods, this beautifully maintained single-level home offers a perfect blend of timeless charm and modern features. Ideal as a starter home or investment property, the residence features 3 bedrooms and 2 bathrooms with a clean, thoughtfully designed layout.Inside, enjoy hard

    Lindsey Harn Christie's International Real Estate Sereno

    2375 Boulevard Del Campo, San Luis Obispo, CA 93401
  • /44

    $729,000

    • 2 Beds
    • 2 Baths
    • 1,218 Sq Ft

    1185 E Foothill Blvd Unit 25, San Luis Obispo, CA 93405

    Spacious 2-Bedroom Condo with Loft, Bonus Room & Upgrades – Close to Cal PolyOne of the closest complexes to Cal Poly, this spacious 2-bedroom, 2-bathroom home in the highly sought-after Pine Creek community offers style, comfort, and versatility. Recently updated inside and out, the condo features a large loft, a bonus room/den, and a rare combination of two covered, attached parking

    Dawn Goonetilleke Keller Williams Realty Central Coast

    1185 E Foothill Blvd Unit 25, San Luis Obispo, CA 93405
  • /25

    $895,000

    • 2 Beds
    • 1 Bath
    • 939 Sq Ft

    2082 Harris St, San Luis Obispo, CA 93401

    This charming two-bedroom, one-bathroom home is more than just a great investment—it's a golden opportunity. Set ona generous R2 lot just minutes from downtown San Luis Obispo, the property offers prime potential for expansion, whether you're considering an ADU, lot split, orsimply adding more space to increase rental income. Inside, the home has been thoughtfully updated to blend modern

    Lindsey Harn Christie's International Real Estate Sereno

    2082 Harris St, San Luis Obispo, CA 93401
  • /9

    $699,000

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft

    3280 Rockview Place, San Luis Obispo, CA 93401

    Presenting a rare 12,949± SF lot zoned R-2-S (Medium-Density Residential), perfectly positioned for redevelopment or investment. This generous parcel currently features a charming 3-bedroom, 1-bath, 1,260± SF home along with a detached garage that includes an unpermitted guest studio—ideal for immediate rental income while planning your future build. According to city zoning guidelines (SLO

    Owen Schwaegerle Keller Williams Realty Central Coast

    3280 Rockview Place, San Luis Obispo, CA 93401
  • /53

    $1,194,000

    • 4 Beds
    • 252 Baths
    • 1,501 Sq Ft

    551 Hathway Ave, San Luis Obispo, CA 93405

    Charming Home with a separate 1 bedroom apartment is Near Cal Poly! Discover your dream home on a spacious corner lot! This beautiful one-level residence features three bedrooms, a full bath and two three-quarter baths, fireplace in living room, separate dining area off of kitchen and a spacious fenced front yard with fruit trees. Additionally there is a separate one-bedroom, one-bath apartment

    Lorraine Sterkel Horizon Realty & Property Mgt

    551 Hathway Ave, San Luis Obispo, CA 93405
  • /71

    $3,895,000

    • 17 Beds
    • 4.5 Baths
    • 4,688 Sq Ft

    1700 Osos St, San Luis Obispo, CA 93401

    Welcome to the historic Allen House – an early 1900s era home built in the “railroad-vernacular” architecture and located in the beautiful Historic Downtown District of San Luis Obispo. This unique R3 zoned property was significantly renovated in 2023 from the top down, making it ready for generations to come. The property is comprised of a single structure (4,688 SF) containing two units and a

    Farid Shahid Eighty20 Group

    1700 Osos St, San Luis Obispo, CA 93401
  • /29

    $3,000,000

    • Land
    • 86 Acres
    • $34,884 per Acre

    4910 Edna Rd, San Luis Obispo, CA 93401

    An exceptional opportunity awaits in the San Luis Obispo Coast AVA, where two adjacent 43-acre parcels offer prime vineyard land, residential development potential, and long term investment value. Available together for $3 million or separately for $1.8 million each, these properties present a rare chance to own a piece of California’s celebrated wine country. Planted predominantly with

    Holly Smith Vineyard Professional Real Estate

    4910 Edna Rd, San Luis Obispo, CA 93401
  • /30

    $1,800,000

    • Land
    • 43 Acres
    • $41,860 per Acre

    0 Vintage Ranch Rd Unit NS24254491, San Luis Obispo, CA 93401

    This 43-acre parcel in the SLO Coast AVA offers exceptional potential for winegrowers and residential development. Situated in the highly regarded CA Grape Pricing District 8, the property is planted predominantly with Pinot Noir, offering consistent yields and excellent investment potential for vineyard expansion or boutique wine production.The fertile, flat clay loam soil supports the region’s

    Holly Smith Vineyard Professional Real Estate

    0 Vintage Ranch Rd Unit NS24254491, San Luis Obispo, CA 93401
  • /28

    $1,800,000

    • Land
    • 43 Acres
    • $41,860 per Acre

    4910 Edna Rd, San Luis Obispo, CA 93401

    Located in the heart of the San Luis Obispo Coast AVA, this 43-acre parcel offers a rare opportunity for winegrowers, investors, or those seeking to create a custom lifestyle retreat in California’s renowned wine region. With Pinot Noir vines covering the majority of the acreage, this property combines productive vineyard ground with the flexibility to develop residential homesites. This is one

    Holly Smith Vineyard Professional Real Estate

    4910 Edna Rd, San Luis Obispo, CA 93401

Home Trends in San Luis Obispo, CA

Housing Trends

Median Sale Price
$1,088,000
Median Single Family Sale Price
$1,250,000
Median Townhouse Sale Price
$935,000
Median 2 Bedroom Sale Price
$655,750
Median 1 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$686
Number of Homes for Sale
85
Last 12 months Home Sales
377
Months of Supply
2.70
Median List Price
$1,125,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
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