Amazing development opportunity in one of the best cities on the California Central Coast! Flat, accessible land zoned R4 right in the Downtown San Luis Obispo neighborhood. Per the city, density allows for 8 units – potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It''s a Walker’s Paradise so daily errands do not require a car. Bike score is a very bike-able 75. Nearby parks include Mission Plaza, Santa Rosa Park and Mitchell Park. San Luis Obispo has an average Walk Score of 56 and has 45,119 residents. Downtown is absolutely bustling with activity. There are coffee shops, restaurants, tons of retail and commercial, rooftop bars, underground breweries, museums, historic landmarks including Mission San Luis Obispo de Tolosa est. 1772 in Mission Plaza. There are cultural events, not to mention Thursday Farmers Market, and Bubblegum Alley. You can be at Morro Bay or Pismo Beach in ten minutes or get right on the 101 and go wherever you need to go. Whether building for students or busy professionals, this site is perfect for your next project. The City of San Luis Obispo recognizes the need for housing and is excited to work with you. There may be Housing Finance Agencies (HFAs) offering additional credits or soft funding.
Current real estate data for Land in San Luis Obispo as of Apr 19, 2025
15
Land Listed
187
Avg DOM
$2,761,067
Avg List Price
Property Details
Price:
$898,000
MLS #:
AR25062496
Status:
Active
Baths:
0
Type:
Land
Listed Date:
Mar 21, 2025
Lot Size:
6,098 sqft / 0.14 acres (approx)
Schools
Interior
Exterior
Community Features
Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks
Lot Features
Level with Street, Rectangular Lot, Level, Park Nearby, Paved, Value In Land
View
None
Water Source
See Remarks
Financial
Association Fee
0.00
Map
Contact Us
Mortgage Calculator
Community
- Address879 Walnut Street 002297046 San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
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Property Summary
- Located in the San Luis Obispo(380) subdivision, 879 Walnut Street 002297046 San Luis Obispo CA is a Land for sale in San Luis Obispo, CA, 93401. It is listed for $898,000 and features 0 acres.
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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
More About Bunny
Courtesy of Re/Max Premier Prop SanMarino. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 879 Walnut Street 002297046
San Luis Obispo, CA
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