655 Monterey Street, San Luis Obispo, CA 93401

  • $7,700,000
655 Monterey Street, San Luis Obispo, CA 93401
Active
655 Monterey Street, San Luis Obispo, CA 93401
655 Monterey Street, San Luis Obispo, CA 93401
  • $7,700,000

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.

  • Address 655 Monterey Street
  • City San Luis Obispo
  • State/county CA
  • Zip/Postal Code 93401
  • Area San Luis Obispo(380)
  • Country US

Details

Updated on January 10, 2026 at 5:31 am
  • Property ID: SC26005937
  • Price: $7,700,000
  • Land Area: 0.6039 Acres
  • Garage Size: x x
  • Property Type: Land
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
  • County: San Luis Obispo
  • Property Type: Land
  • Community Features: Biking,Hiking,Storm Drain(s),Street Lights,Sidewalks,Urban

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman