5
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$7,700,000
Est. payment /mo
0.6 Acres Lot
Active
655 Monterey ST San Luis Obispo, CA 93401
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC26005937
HOA Y/N No
Lot Size 0.604 Acres
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.
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.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning CD-S-H
Interior
Fireplace No
Exterior
Community Features Biking, Hiking, Storm Drain(s), Street Lights, Sidewalks, Urban
View Y/N Yes
View Hills
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 002421027
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Steve Davis McCarty Davis, Inc. 805-704-5727
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