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Islay Homes for Sale

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  • /22

    $1,340,000

    • 3 Beds
    • 2 Baths
    • 1,589 Sq Ft

    1462 Ashmore St Unit 1, San Luis Obispo, CA 93401

    Beautifully maintained, rare single level home on a cul-de-sac in the desirable Arbors neighborhood. Owned by a professional painting contractor who has meticulously cared for this home for over 33 years. Updated kitchen with limestone counter tops and custom tile backsplash. Cabinets are black walnut. Ambient lighting under cabinets. Solid hardwood floors in living areas and hallway. Both

    Randy Steiger RE/MAX Success

    1462 Ashmore St Unit 1, San Luis Obispo, CA 93401
  • /30

    $735,000

    Open Sun 12PM - 3PM $15K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,311 Sq Ft

    1224 Manzanita Way, San Luis Obispo, CA 93401

    Welcome to 1224 Manzanita Way, located in the highly desirable Islay Pointe Villas community in San Luis Obispo. Conveniently situated near downtown SLO, shopping, dining, hiking trails, parks, and everything the Central Coast lifestyle has to offer, this well-maintained townhome combines comfort, convenience, and low-maintenance living. The functional floor plan features two spacious upstairs

    Jeff Gonzales eXp Realty of California, Inc.

    1224 Manzanita Way, San Luis Obispo, CA 93401
  • /69

    $1,995,000

    Open Sun 12PM - 2PM
    • 5 Beds
    • 3.5 Baths
    • 3,296 Sq Ft

    4584 Spanish Oaks Dr, San Luis Obispo, CA 93401

    An Islay Hill stunner—thoughtfully remodeled with owned solar—offering refined design, energy efficiency, and an exceptional location near Islay Hill Open Space, local parks, and just minutes to downtown San Luis Obispo. The main (second) floor has undergone extensive renovation, transforming the core living spaces, kitchen, dining area, powder room, and the luxurious primary suite. The remodel

    Lindsey Harn Christie's International Real Estate Sereno

    4584 Spanish Oaks Dr, San Luis Obispo, CA 93401
  • /33

    $749,000

    • 1 Bed
    • 1 Bath
    • 1,107 Sq Ft

    1298 Manzanita Way, San Luis Obispo, CA 93401

    A Legacy of Elegance." Rarely does an opportunity arise to possess a piece of the community's heritage. This home is offered for the first time by its sole owner and holds a unique history as the original showcase model for the Islay Hill Villas located in the desirable "Arbors" neighborhood. The residence is celebrated for its pristine, effortless single-level design with absolutely no stairs,

    Kelly Maddalena BHGRE HAVEN PROPERTIES

    1298 Manzanita Way, San Luis Obispo, CA 93401

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.

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

Islay Prefumo Laguna Lake French Park
Median Home Price
$1,118,000
$990,000
$1,075,000
$1,307,500
Median Sale Price
$1,225,000
-6% YoY
$1,000,000
+54% YoY
$950,000
-7% YoY
$1,315,000
+38% YoY
Median Single Family Price
$1,340,000
$1,260,000
$1,124,500
$1,340,000
Total Active Listings
4
0
2
2
Market Conditions
3 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
2 Months 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.
Is Islay, CA a safe neighborhood?
Islay, CA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Islay?
The median home price in Islay is $1,118,000. If you put a 20% down payment of $223,600 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $5,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $242K 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, Stoneridge, Los Ranchos, Margarita and Downtown San Luis Obispo.
Are home prices dropping in Islay?
Yes, home prices in Islay are down 5% in the last 12 months.
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