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655 Monterey St

San Luis Obispo, CA 93401

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$7,700,000

0.60 acre

655 Monterey St

San Luis Obispo, CA 93401

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Listed On: 01/09/2026
Status: Active
Listing Number: SC26005937 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Steve Davis, McCarty Davis, Inc.

 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.
Special Listing Conditions
Standard
Price Per Square Foot
$293
Days On Market
1
Cumulative Days On Market
1
County Or Parish
San Luis Obispo
New Construction Y/N
No
Directions
One lot in from the corner of Monterey St. and Nipomo St.
Water Source
Public
Lot Features
0-1 Unit/Acre
Lot Size Area
26308.0000
Lot Size Units
Square Feet
Elevation Units
Feet
View Y/N
Yes
View
Hills
Common Interest
None
Parcel Number
002421027
Additional Parcels Y/N
No
Zoning
CD-S-H
Subdivision Name
San Luis Obispo(380)
Subdivision Name Other
San Luis Obispo(380)
Community Features
Biking, Hiking, Sidewalks, Storm Drains, Street Lights, Urban
Senior Community Y/N
No
Association Y/N
No
Distance To Water Comments
50
Land Lease Y/N
No

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.

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