About 687 Islay # 1-9
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.
Features of 687 Islay # 1-9
| MLS® # | SC26013167 |
|---|---|
| Price | $2,600,000 |
| Bedrooms | 9 |
| Bathrooms | 9.00 |
| Lot Size | 20,735 |
| Year Built | 1895 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Victorian |
| Status | Pending |
| # Of Units | 9 |
Community Information
| Address | 687 Islay # 1-9 |
|---|---|
| Area | SLO - San Luis Obispo |
| Subdivision | San Luis Obispo(380) |
| City | San Luis Obispo |
| County | San Luis Obispo |
| Zip Code | 93401 |
Amenities
| Utilities | Water Connected, Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking Spaces | 15 |
| Parking | Driveway, Garage, Door-Single, Driveway Level, Garage Faces Side, Off Site, On Site, Side By Side, Unassigned, Unpaved |
| # of Garages | 6 |
| Garages | Driveway, Garage, Door-Single, Driveway Level, Garage Faces Side, Off Site, On Site, Side By Side, Unassigned, Unpaved |
| View | Hills, City Lights, Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Wood |
|---|---|
| Interior Features | Ceiling Fan(s), Attic, Built-in Features, Entrance Foyer, High Ceilings, Laminate Counters, Paneling/Wainscoting, Storage |
| Appliances | Dishwasher, Water Heater, Gas Range, Refrigerator |
| Heating | Fireplace(s), Natural Gas, Wood Stove |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Free Standing, Gas |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Lap Siding, Redwood Siding, Wood Siding |
|---|---|
| Exterior Features | Lighting |
| Lot Description | Back Yard, Corner Lot, Yard, Front Yard, Garden, Lawn, SixToTenUnitsAcre, Street Level, Walkstreet |
| Windows | Bay Window(s), Screens, Skylight(s), Wood Frames |
| Roof | Composition, Shingle |
| Construction | Lap Siding, Redwood Siding, Wood Siding |
| Foundation | Concrete Perimeter, Raised, Stone |
Additional Information
| Date Listed | February 9th, 2026 |
|---|---|
| Days on Market | 193 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Linda Wilson |
|---|---|
| Office | Central Coast Sotheby's International Realty |