$6,930,000
About this home
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.
Facts & features
- Lot size
- 0.604 acres (26,308 sq ft)
- View
- Hills
- Area
- SLO - San Luis Obispo
- County
- San Luis Obispo
- Community features
- Biking, Hiking, Storm Drains, Street Lights, Sidewalks, Urban
- Status
- Active
- Property type
- Land
- Days on market
- 118
- Listed
- 2025-12-01
- Original price
- $7,700,000
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031
- Parcel #
- 002421027
- MLS #
- SC26005937
