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Listed by: Steve Davis (805) 543-1801 DRE #01843738 | McCarty Davis, Inc. (805) 543-1801
$6,930,000
Monthly Est:$34,493
-- Bed
-- Bath
26,308sqft lot
655 Monterey St, San Luis Obispo, CA 93401
$6,930,000
$34,493/moEst:
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Land
Built in -
$-- HOA
26,308 sqft lot
$263/sq.ft
Description
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.
- Houzeo last checked: 12 minutes ago
- Listing updated: May 7, 2026 at 11:24 pm
- Source: California Regional MLS-CA | MLS#: SC26005937
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
26,308 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SC26005937
MLS Status
Active
Days on Market
295
Cumulative Days on Market
118
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Public
Other Features
Community Features
Biking, Hiking, Storm Drains, Street Lights, Sidewalks, Urban
Subdivision Name
San Luis Obispo(380)
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
01/09/2026 Source: | Price Decreased | $6,930,000 -10.00% $0/sqft |
01/09/2026 Source: | Listed for Sale | $7,700,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 01, 2026, 03:30PM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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