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  • 655 Monterey Street

655 Monterey Street, San Luis Obispo, CA 93401

$6,930,000 Approx. USD 0 beds, 0 baths

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Photo of Daniel Alonso

Daniel Alonso REALTOR® - Sales Associate 619-634-1895 m
619-634-1895 o
Lic#: 02209782
NRDS ID: 196590735
DanielAlonso@bhhscal.com Text Me
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Lic#: 02209782
NRDS ID: 196590735
DanielAlonso@bhhscal.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


Steve Davis | davis@mccartydavis.com
Lic#: 01843738
Broker: Courtesy of McCarty Davis, Inc.
Phone: 805-543-1801

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SC26005937
List price is $6,930,000 Reduced by $770,000 on 5/8/2026
Price: $6,930,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.60 acres
Lot size: 0.6039
Subdivision: San Luis Obispo(380)
County: San Luis Obispo
Zoning: CD-S-H
Lot description: ZeroToOneUnitAcre
MLS area: SLO - San Luis Obispo

Last Updated: 6/11/2026

 Days On Market (DOM): 162

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This listing belongs to the SLO - San Luis Obispo MLS area

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Lat/Long: 35.279297, -120.665675.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Daniel Alonso

Daniel Alonso REALTOR® - Sales Associate 619-634-1895 m
619-634-1895 o
Lic#: 02209782
NRDS ID: 196590735
DanielAlonso@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 02209782
NRDS ID: 196590735
DanielAlonso@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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