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California San Luis Obispo County San Luis Obispo

Real Estate & Homes for Sale in Islay, San Luis Obispo

Why Live in Islay
Islay, a residential suburb a few miles southeast of Downtown San Luis Obispo, is known for its laid-back atmosphere and highly rated schools within the San Luis Coastal Unified School District. Families in Islay benefit from Los Ranchos Elementary, Laguna Middle and San Luis Obispo High, all of which have high ratings. The neighborhood features Mediterranean-style single-family homes with stucco exteriors and concrete-tile roofs, built between the 1980s and early 2000s. Islay Park, a 5-acre space with playgrounds and courts for tennis, basketball and sand volleyball, serves as a community hub. The park connects to various walking and biking paths that lead to Marigold Shopping Center and Islay Hill Open Space Park, which offers family-friendly trails and panoramic views from Islay Hill Peak. EA French Park, just west of Islay, provides additional recreational facilities and hosts family events. Residents have convenient access to Marigold Shopping Center, which includes a Vons grocery store and local dining options like Shalimar and Kumi Ko. Downtown San Luis Obispo offers more eateries, shops and cultural attractions, such as the San Luis Obispo Museum of Art and the San Luis Obispo Children’s Museum. The nearby Edna Valley wineries are popular for their chardonnay, pinot noir and zinfandel. State Route 227 and San Luis Obispo County Regional Airport are both a mile west, facilitating commutes and travel.
Learn more about living in Islay

Islay, San Luis Obispo, CA Home Prices vs. Nearby Neighborhoods

Islay Prefumo Laguna Lake French Park
Median Home Price
$1,208,000
$999,900
$989,000
$1,275,000
Median Sale Price
$1,212,500
-14% YoY
$1,150,000
+20% YoY
$950,000
+8% YoY
$1,195,000
+4% YoY
Avg. Price per Square Foot
$649
$557
$638
$704
Median Single Family Price
$1,350,000
$1,524,000
$1,199,000
$1,315,000
Total Active Listings
0 listings
0 listings
3 listings
1 listing
Market Conditions
0 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Islay a good place to live?
Islay is a good place to live. Islay is considered car-dependent and somewhat bikeable with minimal transit options. Islay has 1 park for recreational activities.It is somewhat dense in population with 10.0 people per acre and a median age of 44. The average household income is $180,377 which is above the national average. College graduates make up 63.2% of residents. A majority of residents in Islay are home owners, with 19% of residents renting and 81% of residents owning their home. A local real estate agent serving Islay can help you decide if this neighborhood is the right one for you. Learn more on our Islay neighborhood guide.
How much do you need to make to afford a house in Islay?
The median home price in Islay is $1,208,000. If you put a 20% down payment of $241,600 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $6,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $276K a year to afford the median home price in Islay. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Islay is $180K.
What are the best public schools in Islay?
The best public schools that serve Islay are:
What are the most popular zip codes in Islay, San Luis Obispo, CA?
The most popular zip codes in Islay, San Luis Obispo, CA include 93401, 93405, 93420, 93424 and 93449.
What are the most popular neighborhoods near Islay, San Luis Obispo, CA?
The most popular neighborhoods near Islay, San Luis Obispo, CA are Orcutt, South Broad Street, Arlita, Margarita and Higuera.
Are home prices dropping in Islay?
Yes, home prices in Islay are down 20% in the last 12 months.
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