The median home value in San Luis Obispo, CA is $905,000.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in San Luis Obispo, CA is $905,000.
Approximately 38% of San Luis Obispo homes are owned,
compared to 55% rented, while
6% are vacant.
San Luis Obispo real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact San Luis Obispo real estate agent to arrange a tour today! Learn more about San Luis Obispo.
Rare opportunity to own 6.55 acres of premium land at the corner of Calle Crotalo and Orcutt Road, all within the San Luis Obispo city limits. Surrounded by rolling hills and picturesque views this exceptional parcel offers the ideal blend of country tranquility and in-town convenience. Included in the sale is a will serve letter from Afuero Water Company, a private water provider offering two water meter allotments (one existing and one purchased) - a significant advantage for future development. The property is being sold as one parcel (one APN), with the added opportunity for the buyer to complete the final improvements necessary to split property for a second APN granted upon final map recordation. Please note: the County may modify final map requirements at any time prior to recording. With generous acreage and a highly desirable location, multiple building configurations may be possible. Buyers are advised to verify all development options with both the City and County of San Luis Obispo. Just minutes from downtown SLO, enjoy easy access to local hiking and biking trails, shopping, dining, wine tasting, and entertainment - all while maintaining the peaceful setting of rural living. Builders and developers welcome - owner is open to reviewing creative offers. This is an exceptional opportunity for the right individual or development vision. Don't miss the chance to secure acreage in one of California's most sought-after communities.
80 acres overlooking the Los Osos Valley, where expansive views sweep from rolling farmland to the Pacific Ocean - including Morro Bay, the Estuary, and iconic Morro Rock. The land offers usable agricultural areas, gently undulating hillsides, and multiple premier building sites accessed by a private road. This setting invites the vision of a dream estate, multigenerational living, hobby farm, or private ranch retreat. Tucked away yet just minutes to downtown San Luis Obispo and the coast, this property feels like its own world - an irreplaceable opportunity to create something truly special here on the Central Coast!
Amazing development opportunity in one of the best cities on the California Central Coast! Flat, accessible land zoned R4 right in the Downtown San Luis Obispo neighborhood. Per the city, density allows for 8 units - potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It's a Walker's Paradise so daily errands do not require a car. Bike score is a very bike-able 75. Nearby parks include Mission Plaza, Santa Rosa Park and Mitchell Park. San Luis Obispo has an average Walk Score of 56 and has 45,119 residents. Downtown is absolutely bustling with activity. There are coffee shops, restaurants, tons of retail and commercial, rooftop bars, underground breweries, museums, historic landmarks including Mission San Luis Obispo de Tolosa est. 1772 in Mission Plaza. There are cultural events, not to mention Thursday Farmers Market, and Bubblegum Alley. You can be at Morro Bay or Pismo Beach in ten minutes or get right on the 101 and go wherever you need to go. Whether building for students or busy professionals, this site is perfect for your next project. The City of San Luis Obispo recognizes the need for housing and is excited to work with you. There may be Housing Finance Agencies (HFAs) offering additional credits or soft funding.
4015 and 4045 Earthwood Ln. in San Luis Obispo is conveniently located off of S. Higuera near highway 101. Ready for improvements. Adjacent industrial building also for sale.
The prestigious 285 acre Jack Ranch is Edna Valley's crown jewel. Beyond a premier location, this San Luis Obispo legacy 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 Obispo Country Club gates. Active across ranching, land development, banking, and more - the pioneering Jack family has played an essential role in the history of California's Central Coast. Now it's your turn to shape what's next. Build your dream home, versatile ag structures, or equestrian facilities, amongst the Agricultural acreage that totals 285 with 156 acres under cultivation within a fully fenced perimeter. The thriving income-generating ranch boasts both a prime young lemon grove, and a vineyard that is part of the Edna Valley AVA. The vineyard includes the varieties: Chardonnay Pinot Noir, Albari o, Tempranillo and Gruner Veltliner. Vineyards have strong historical sales and a 10 year production average of 4 tons/acre. High-end grape buyers - both boutique and global operations - are in place. Beyond 89 acres of vineyard, the property features 67 acres of lemons in their 3rd - 5th year into maturity. Your investment also includes a designated 1.4 acre envelope for a unique ag processing use. You'll find open private rangeland for outdoor adventures with endless views, cattle grazing and/or horseback riding along with a 3,200 sq. ft. shop/barn on a concrete slab with 3 bays and a private office space. There are 4 total wells, each with electric powered pumps and a large 500,000 gallon metal holding tank. Water and natural gas are available along with hookups for the County sewer plant (located near the Country Club). The Williamson Act provides desirable benefits of reduced property taxes. Two primary access points to the property include the San Luis Obispo Country Club gate (with attendant) and private entrance of Los Ranchos Drive. Located only moments from golf, celebrated wineries, beautiful beaches, Michelin-star restaurants, and the local airport - the ranch feels away from it all, yet close to everywhere you want to be. This is the coastal lifestyle ranch you have been waiting for.
Discover a unique opportunity to create your ideal home on this spacious .41 acre, 17,860 sf lot in the highly sought-after San Luis Creek Estates. Nestled along San Luis Drive, arguably the most desirable street in San Luis Obispo, this neighborhood is known for its well-established, tree-lined streets and close proximity to downtown. This property offers a perfect blend of natural beauty and convenience, with gorgeous views of Bishop Peak and easy access to nearby hiking trails. The setting is enhanced by city-designated open space at the rear of the lot, providing added privacy and a tranquil connection to nature. Additionally, a completed soils report and drainage calculations are included, streamlining the planning process. City approval has also been secured for the removal of two large trees, allowing for an even more expansive design layout. Whether you're dreaming of a peaceful retreat or a custom-designed home, this lot is ready to inspire your vision. Conceptual renderings highlight the endless possibilities for this property, including the potential for a pool! Don't miss the chance to turn this exceptional property into your own private retreat.
2298 Santa Ynez Ave, San Luis Obispo, CA 93405 Located at the edge of San Luis Obispo, this property presents a getaway while being just a brief stroll away from downtown. Situated at the end of a shared driveway, this 18,260 square-foot lot in the desirable Upper Monterey Heights neighborhood is perfectly placed above Cuesta Park, providing stunning views and a pleasant climate. All necessary utilities, including the water meter, are already available at the property line. This is a prime opportunity to construct your dream home on this spacious lot in Upper Monterey Heights, one of San Luis Obispo's most sought-after neighborhoods. With panoramic 200-degree views of downtown and Cuesta Grade, along with easy access to hiking trails, this property offers both natural beauty and convenience, fostering a peaceful lifestyle in close proximity to nature. Seize the opportunity to own a remarkable piece of the Central Coast.
Quarter-acre Custom Homesite - one of the largest and most desirable lots available in San Luis Obispo. Located within one of the city's newest premier communities, Lot 22 offers an exceptional opportunity to build a custom home with convenient access to downtown, wine country, and the regional airport. Set amid the rolling hills of the vibrant Righetti Ranch community, this exclusive enclave of just 34 residences redefines luxury living - where timeless architectural styles blend effortlessly with California's rich heritage and natural beauty. Ideally situated near the end of a quiet cul-de-sac, Lot 22 offers exceptional privacy, sweeping hillside views, and optimal sun orientation. With ample space for a pool, expansive yard, outdoor kitchen, and lush landscaping, the homesite provides rare flexibility. It can accommodate a three-car garage, if desired, and a thoughtfully designed floor plan with all main living areas on the first level. The Enclave is the final luxury neighborhood within Righetti Ranch - more than a decade in the making and now realized with refined streetscapes, curated architecture, and an enduring commitment to quality. Residents enjoy access to walking and biking trails, a future park, future community gardens, and open spaces inspired by the agricultural roots and natural beauty of San Luis Obispo County. This is more than just a lot - it's a lifestyle. A rare opportunity to build your dream home in one of San Luis Obispo's most thoughtfully designed and sought-after communities. Bring your vision to life - surrounded by beauty, serenity, and convenience.
Lot 9 of San Luis Ranch, a thoughtfully planned community, offers a unique opportunity for a highly visible site from the freeway, centrally located in the highly sought-after area of San Luis Obispo. San Luis Ranch features 580 homes, an additional 299 future units, a 200-room hotel, an organic farm and marketplace, all providing a range of amenities to complement the site. The Prado Road freeway overpass connecting Dalidio Road at San Luis Ranch to Prado Road on the east side of Highway 101, along with other major road connections, also makes this location incredibly accessible. Property: 3.59 Acres Gross (156,380 SF). Maximum Building Size: 75,000 SF. Zoning: Neighborhood Commercial. Allowable Uses: Retail, Office, Medical (see the chart for a full list). Site Condition: Completed offsites and Blue Top pad. Rent: Contact broker for rates. Lease Type: NNN. TI Allowance: Negotiable. * Ownership may be willing to divide into 2 or 3 parcels. * Ground lease options available
This is a 2.3 acre lot located in the San Luis Obispo County area. Buyer will need to locate the lots themselves. The parcel maps show that the property is located on the corner of 7 mile road and Bend Road, but I'm not sure those are actually usable roads.
This pristine 77-acre parcel sits tucked into the ridge-line just north of San Luis Obispo. It's accessible via Old Stagecoach Road from the top-side trailhead or the more rustic back-road from below. A lightly forested, elevated bench provides a natural homesite site, offering unfolding outlooks across the Cuesta Grade corridor toward San Luis Obispo. Bordering the well-traveled West Cuesta Ridge Trail - a popular run for hikers and mountain bikers - the property offers connection to an established outdoor network.
New price! Welcome to 518 Bella Terra Court, your chance to own a remarkable 20.6-acre parcel in the prestigious, gated ANZA Vineyard Estates. Surrounded by multi-million dollar homes and nestled within one of San Luis Obispo County's most coveted communities, this is the only opportunity currently available to purchase in this highly sought-after enclave. Positioned on the serene Bella Terra Ridge, this property offers breathtaking panoramic views, lush terrain, and multiple building sites to bring your vision to life. Each homesite in ANZA Vineyard Estates is zoned for two residences, providing the perfect canvas for a dream home with a guest house, family compound, or income-producing second dwelling. ANZA Vineyard Estates is more than just a neighborhood, it's a lifestyle of privacy, natural beauty, and timeless elegance. Rich in history and designed for those who value space, serenity, and sophistication, this property offers room to breathe and space to create your forever home. While you'll feel a world away in this tranquil setting, you're just minutes from the vibrant heart of downtown San Luis Obispo, with its renowned restaurants, boutique shops, wineries, and cultural experiences. Don't miss this rare opportunity to own a legacy property in one of the Central Coast's most exclusive communities.
Prime Banana Belt Lot with Views; Plans Included! Discover a rare opportunity to build your dream home in San Luis Obispo's coveted Banana Belt neighborhood. This expansive 11,210 sq ft lot sits on a quiet cul-de-sac surrounded by established homes. The lot offers an elevated setting with breathtaking views spanning from Edna Valley to Bishop's Peak. Enjoy the perfect balance of peaceful seclusion and convenience, with downtown SLO just minutes away - offering easy access to shops, restaurants, and entertainment. Renowned for its mild climate and natural beauty, this location is ideal for creating a private retreat in one of the area's most desirable neighborhoods. As an added bonus, the listing includes thoughtfully designed home plans by AGD Architecture & Design, easing the path to your future residence. Don't miss this exceptional chance to build in one of San Luis Obispo's most sought-after settings.
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 high-demand Pinot Noir, both properties thrive on fertile clay loam soil and consistently produce 4 tons per acre annually in CA Grape Pricing District 8. With strong offers, sellers are open to a two-year vineyard lease, making this an attractive option for investors or winemakers looking to expand. The parcels are also zoned for up to two homes each, offering the perfect opportunity to create a custom vineyard estate with breathtaking views of the Seven Sisters, including Islay Hill. Ideally located near San Luis Obispo's vibrant downtown, these properties provide the perfect balance of rural privacy and accessibility to world-class dining, entertainment, and amenities. Whether purchased together as an expansive 86-acre vineyard estate or separately as individual 43-acre parcels, this is a rare chance to invest in one of California's most sought-after wine regions. Contact us today to explore this incredible opportunity! When purchases together, up to a 10 year lease is offered and negotiable.
Oversized 17,382 SF parcel with completed SB9 tentative lot split map. New Buyer can choose to complete the SB9 lot split or keep the large lot as is. Located in the coveted Sinsheimer neighborhood, this spacious parcel is perched above Johnson on a flag lot, ideally located in the banana belt with the best microclimate in town to take advantage of the beautiful views & weather. Utilities are in the ground and the city has issued a compliance letter for the SB9 tentative map lot split, should a new Buyer choose to continue going that route. Close to Sinsheimer Park, SLO high school, Sinsheimer Elementary, Terrace Hill and downtown SLO, this is an incredible opportunity to step into a ready-to-split lot.
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 reputation for high-quality wine grapes, making this parcel an attractive opportunity for those seeking to combine productive agricultural operations with residential development. Currently under the Williamson Act, and zoning allowing for the construction of up to two homes, this property offers a rare chance to create a custom retreat with sweeping views of the Seven Sisters, including nearby Islay Hill. Whether envisioning a luxury vineyard estate or a family home integrated into the picturesque SLO Coast AVA landscape, this parcel provides the flexibility and potential to make it a reality. Located on Vintage Ranch Road, behind the Tolosa Winery, the property is close to the vibrant city of San Luis Obispo while offering the privacy and beauty of one of California s premier wine regions. * There are two 43 acre parcels, avaialble together or separate * The adjacent parcel is 4910 Edna Rd.
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 of two parcels, and is eligible for conservation easements. The vineyard thrives on flat, fertile clay loam soil, producing a consistent yield of 4 tons per acre annually. Situated in CA Grape Pricing District 8, known for premium demand and pricing, the parcel offers excellent investment potential for those looking to enter or expand in the high-value region. With strong offers, the Sellers are offering up to a two year vineyard lease. The property allows for the construction of up to two homes, with stunning panoramic views of the Seven Sisters, including Islay Hill. For those looking to craft a bespoke estate, this parcel provides endless potential to blend a working vineyard with the beauty and lifestyle of California s Central Coast. Positioned on Edna Road, this prime acreage offers a desirable blend of profitability and lifestyle appeal, with close proximity to San Luis Obispo s thriving amenities and the tranquility of the surrounding countryside. * This is one of two adjacent 43 ac parcels available together or separately. The other parcel is 0 Vintage Ranch Road listing #NS24254491 *
Build your dream house on this rare and hard to find Irish Hills area lot with some of the most incredible views in San Luis Obispo. This lot sits high on the hill in the Emerald Hills Tract area over looking the valley with underground utilities and streets. This amazing view lot has been kept in the family undeveloped for many years and is now being offered for sale. This lot borders a large Open Space area on two of its sides and street access on the third side. This view lot is just under a full acre but has a permeant Tract recorded easement over the adjacent Open Space area in favor of this specific lot for a driveway increasing this lots overall usable footprint to over an acre. Please refer to the supplemental attachments for more details of the recorded Emerald Hills Tract Map 1875
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Based on information from CRISNet MLS as of 12/16/2025 1:04 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
