- 9 Beds
- 9 Baths
- .48 Acres
- 35 DOM
687 Islay # 1-9
Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, social room, and laundry facility. Historic character is preserved through ornate Victorian detailing, original redwood built with Douglas fir accents, soaring 12-foot ceilings, and expansive windows, while offering modern conveniences throughout. A large basement, park-like grounds, patio areas, and barbecue space enhance the property’s appeal. In addition to its existing income-producing layout, the property offers potential for future expansion and increased density, subject to local zoning and planning approvals. Development flexibility may allow for additional units or alternative configurations, presenting a rare opportunity for investors and owner-users alike.
Essential Information
- MLS® #SC26013167
- Price$3,900,000
- Bedrooms9
- Bathrooms9.00
- Acres0.48
- Year Built1895
- TypeResidential Income
- Sub-TypeApartment
- StyleVictorian
- StatusActive
Community Information
- Address687 Islay # 1-9
- AreaSLO - San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Amenities
- Parking Spaces15
- # of Garages6
- PoolNone
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking
Driveway Level, Door-Single, Driveway, Garage, Side By Side, Garage Faces Side, Off Site, On Site, Unassigned, Unpaved
Garages
Driveway Level, Door-Single, Driveway, Garage, Side By Side, Garage Faces Side, Off Site, On Site, Unassigned, Unpaved
View
City Lights, Hills, Neighborhood
Interior
- InteriorCarpet, Wood
- CoolingNone
- FireplaceYes
- FireplacesGas, Free Standing
- # of Stories2
- StoriesTwo
Interior Features
Built-in Features, Ceiling Fan(s), High Ceilings, Laminate Counters, Storage, Attic, Entrance Foyer, Paneling/Wainscoting
Appliances
Dishwasher, Gas Range, Refrigerator, Water Heater
Heating
Fireplace(s), Natural Gas, Wood Stove
Exterior
- Exterior FeaturesLighting
- RoofComposition, Shingle
Exterior
Wood Siding, Lap Siding, Redwood Siding
Lot Description
6-10 Units/Acre, Back Yard, Corner Lot, Front Yard, Garden, Lawn, Street Level, Walkstreet, Yard
Windows
Bay Window(s), Screens, Skylight(s), Wood Frames
Construction
Wood Siding, Lap Siding, Redwood Siding
Foundation
Concrete Perimeter, Raised, Stone
Additional Information
- Date ListedFebruary 9th, 2026
- Days on Market35
Listing Details
- AgentLinda Wilson
Office
Central Coast Sotheby's International Realty
Linda Wilson, Central Coast Sotheby's International Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of March 20th, 2026 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.