- 9 Beds
- 9 Baths
- .48 Acres
- 91 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$2,900,000
- 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, Garage, Door-Single, Driveway Level, Garage Faces Side, Off Site, On Site, Side By Side, Unassigned, Unpaved
Garages
Driveway, Garage, Door-Single, Driveway Level, Garage Faces Side, Off Site, On Site, Side By Side, Unassigned, Unpaved
View
Hills, Neighborhood, City Lights
Interior
- InteriorCarpet, Wood
- CoolingNone
- FireplaceYes
- FireplacesGas, Free Standing
- # of Stories2
- StoriesTwo
Interior Features
Ceiling Fan(s), Entrance Foyer, Attic, Built-in Features, High Ceilings, Laminate Counters, Paneling/Wainscoting, Storage
Appliances
Dishwasher, Refrigerator, Water Heater, Gas Range
Heating
Fireplace(s), Natural Gas, Wood Stove
Exterior
- Exterior FeaturesLighting
- RoofComposition, Shingle
Exterior
Lap Siding, Redwood Siding, Wood Siding
Lot Description
Back Yard, Front Yard, Lawn, Yard, Corner Lot, Garden, SixToTenUnitsAcre, Street Level, Walkstreet
Windows
Screens, Bay Window(s), Skylight(s), Wood Frames
Construction
Lap Siding, Redwood Siding, Wood Siding
Foundation
Concrete Perimeter, Raised, Stone
Additional Information
- Date ListedFebruary 9th, 2026
- Days on Market91
Listing Details
- AgentLinda Wilson
Office
Central Coast Sotheby's International Realty
Price Change History for 687 Islay # 1-9, San Luis Obispo, (MLS® #SC26013167)
| Date | Details | Change |
|---|---|---|
| Status Changed from Pending to Active | – | |
| Status Changed from Active to Pending | – | |
| Price Reduced from $3,600,000 to $2,900,000 | ||
| Price Reduced from $3,900,000 to $3,600,000 |
Linda Wilson, Central Coast Sotheby's International Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2026 at 1:50am 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.