San Luis Obispo CA Real Estate & Land for Sale

The historic Madonna-Twisselman Ranch features 360 acres of gently sloping lakefront land nestled between the base of Cerro San Luis along the northern property line and encompassing a portion of Laguna Lake to the southeast section. Cerro San Luis Obispo, or commonly referred to as Madonna Mountain by locals, is a member of the or Nine Sisters, a chain of prominent volcanic peaks stretching east from Morro Bay.A stream runs along the foothill frontage of the property with several intermittent streams running from Cerro San Luis to the lake. The ranch is only 10 miles from Avila Beach to the south, 10 miles from Morro Bay to the west, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo. The San Luis Obispo County Regional Airport is just 6 miles away and offers 3 passenger airlines which serve the airport with nonstop flights to 8 cities. This is an unparalleled opportunity for an astute buyer looking for a ranch with a wealth of possibilities located in the heart of San Luis Obispo.Agricultural Opportunities:The property soil classifications and microclimate are suitable for farming many permanent or rotational crops that the region is well known for. Currently there are no irrigated or dry crops produced on the property. The ranch is presently used for raising brood mares and foals.Subdividing by Lot Line Adjustments: The ranch is comprised of 4 APNs and 7 parcels with recorded certificates of compliance. The ranch offers a buyer an opportunity to reconfigure the parcels into a variety of layouts through lot line adjustments, versus having to go through a lengthy mapping process. After processing a LLA a buyer could sell off some or all of these smaller portions of the ranch at a substantial premium.Future Development Opportunities: The property is not in the Williamson Act and could allow for potential future development, mostly likely as part of a rezone and an annexation into the city. The ranch and surrounding properties are within the Citys Sphere of Influence Area 9. The area is bounded by Los Osos Valley Road to the south and Foothill Boulevard to the east. The City has identified the potential land use for this area as Residential and Open Space. Much smaller ranches in the area that have been annexed into the city and rezoned have sold for over multiple times the asking price of this opportunity.Call for offers due May 24, 2024.

Drawings for a Modern Design or a Craftsman Design. Rare opportunity to build dream home on this 50 x 108 sqft lot in sought after Monterey Heights, SLO neighborhood. Panoramic views feature sunrises over Cuesta Ridge and sunsets over the Irish Hills, SLO mountain, and Bishop Peak. It's close proximity to Cal Poly, Cuesta and Buena Vista Parks as well as the Performing Arts Center makes this an ideal location. Design your own home or use plans provided to start your building process.

Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.

Build your dream house on this rare and hard to find Irish Hills area lot with some of the most incredible views in San Luis Obispo. This lot sits high on the hill in the Emerald Hills Tract area over looking the valley with underground utilities and streets. This amazing view lot has been kept in the family undeveloped for many years and is now being offered for sale. This lot borders a large Open Space area on two of its sides and street access on the third side. This view lot is just under a full acre but has a permeant Tract recorded easement over the adjacent Open Space area in favor of this specific lot for a driveway increasing this lots overall usable footprint to over an acre. Please refer to the supplemental attachments for more details of the recorded Emerald Hills Tract Map 1875

Welcome to 878 Murray, an amazing opportunity in the heart of one of San Luis Obispo's most desirable neighborhoods! Situated in the Anholm District, the lot is flat and enjoys frontage along a beautiful tree lined boulevard. Homes along this street are extremely valuable and rarely come to the market. This is a chance to build your dream home, along with opportunities for an Accessory Dwelling Unit (ADU). The property is close to downtown, Cal Poly, and Highway 1 which leads to the coastal towns of of Morro Bay and Cayucos. Property survey and site/home design work has been completed, so please inquire for more details.

Prepare to be captivated by 222 Blue Granite Lane! This truly one-of-a-kind 2.5-acre lot is nestled on the picturesque westside of Bishops Peak. Offering a level of exclusivity and natural beauty that is unparalleled, this property is a rare gem in the heart of San Luis Obispo.Location is key, and this lot perfectly balances the tranquility of hillside living with the convenience of being mere minutes from Downtown SLO. Whether you're an outdoor enthusiast, nature lover, or simply seeking a serene retreat, this parcel has it all.Sweeping views abound in every direction, offering a breathtaking vista of the iconic "Seven Sisters" peaks, rolling valleys, and the majestic Irish Hills. This rare opportunity includes approved house plans and a Minor Use Permit, allowing you to bring your dream home to life without delay. Design your sanctuary to take full advantage of the remarkable surroundings and views.This 2.5-acre lot near Bishops Peak is a once-in-a-lifetime opportunity to own a piece of heaven on Earth. With its captivating views, proximity to Downtown SLO, and a level of privacy that's truly rare, this property promises a lifestyle that's as extraordinary as it is unique. Don't miss your chance to make this breathtaking haven your own. Contact us today to schedule a viewing and start envisioning the limitless possibilities that await you.

This beautiful ranch is located just south of Camp San Luis, west of Cerro Romauldo mountain and nestled within the Nine Sisters, a chain of prominent volcanic peaks. The ranch is only 12 miles from Avila Beach to the south, 8 miles from Morro Bay Beach to the northwest, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo.The property is fenced and has no structures. The road which leads to the top of the mountain has recently been redone and offers breathtaking 360 degree views and peaks of the Pacific Ocean. Several natural springs run through the property, as well as one Ag well which produced approximately 27 GPM at only 16 feet. Currently there are no crops grown on the ranch, but it has been leased in the past for cattle grazing. The soil is comprised of a mix of clays, loam and rock outcrop. The property is in the Williamson Act which offers a buyer a lower tax basis. Low interest rate loan may be assumable.Approximately 40 acres of the property are flat or relatively flat, with the remaining rolling hills and breathtaking peaks. The ranch features several possible building sites for your dream home. Dont miss out on this opportunity to purchase an amazing piece of the central coast.