---
listing_id: CRSC26013167
status: Active
price: 2600000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 20735
lot_acres: 
year_built: 1895
property_type: Residential Income
property_subtype: Residential Income
address: "687 Islay"
city: San Luis Obispo
state: CA
zip: 93401
county: "San Luis Obispo County"
lat: 35.2746693
lng: -120.6611189
days_on_market: 181
hoa_fee: 
hoa_frequency: 
garage_spaces: 6
list_agent: "Linda Wilson"
list_office: "Central Coast Sotheby's International Realty"
list_agent_phone: "(805) 543-7727"
list_agent_license: 01045160
mls_source: CRMLS
modified: 2026-08-05
transaction_type: buy
---

Home | San Luis Obispo County | San Luis Obispo | 93401 | 687 Islay

687 Islay, San Luis Obispo, CA 93401

MLS: CRSC26013167 | Status: | Price: $2,600,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
20,735 1895

Remarks

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.

MLS Listing Information

Field Value
MLS # CRSC26013167
MLS Source California Regional MLS
Days on Site 181

Features

Interior Features

Feature Details
Appliances Dishwasher, Oven Range - Gas
Laundry Community Facility
Cooling None
Heating Fireplace, Gas, Stove - Wood

Exterior Features

Feature Details
Roof Composition, Shingle
Foundation Concrete Perimeter, Raised, Unreinforced Masonry
Style Victorian

Parking, School, and Other Information

Feature Details
Garage/Parking Common Parking Area, Garage, Off-Site Parking, Other, Side By Side, Garage: 6 Car(s)
HOA Fee $0

Contact Information

Listing Agent Co-Listing Agent
Linda Wilson Aimee Edsall
Central Coast Sotheby's International Realty
License #: 01045160 License #: 01753340
Phone: (805) 543-7727 Phone: –

Property Units

# Buildings # Leased Units # Total Units
1 9 9

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Hawthorne Elementary School public K-6 0.28 mi 6
San Luis Coastal Usd Adult public UG 0.78 mi N/A
Peep - De'Groot - Prepare School public K-12 0.79 mi N/A
San Luis Obispo High School public 9-12 0.83 mi 10
Sinsheimer Elementary School public K-6 1.06 mi 8
Teach Elementary School public 4-6 1.49 mi 9
Pacheco Elementary School public K-6 1.69 mi 7
Smith (C. L.) Elementary School public K-6 1.82 mi 7
Pacific Beach High School public 10-12 2.07 mi 1
Bishop's Peak Elementary School public K-6 2.08 mi 9
Laguna Middle School public 7-8 2.15 mi 9
Los Ranchos Elementary School public K-6 4.46 mi 7
San Luis Obispo County Juvenile Court public 6-12 4.58 mi N/A

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of August 05, 2026. For the most current information, please contact Linda Wilson, (805) 543-7727.