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Millman Team Real Estate

$6,930,000
0.60 Acre Lot

655 Monterey Street, San Luis Obispo, California 93401

  • Land Property Type
Property 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.

Basic Details
Land
For Sale
SC26005937
$6,930,000
Hills
0.60 Acre
Active
Features
$0
Address Map
CA
San Luis Obispo
San Luis Obispo
San Luis Obispo(380)
93401
Monterey
655
Street
W121° 20' 3.6''
N35° 16' 45.5''
One lot in from the corner of Monterey St. and Nipomo St.
SLO - San Luis Obispo
CD-S-H
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Street Lights, Biking, Urban, Storm Drain(s), Hiking
: 0-1 Unit/Acre
2026-01-09
7700000
: Public
Broker/Agent Information
McCarty Davis, Inc.
Steve Davis
Listing Information
SL01843738
SL125
Cash, Cash to New Loan, Conventional, 1031 Exchange
Active
2026-05-07T23:23:54Z
CRMLS
: Standard
2026-01-09T14:33:08Z
Agent info
Ray Millman
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