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San Luis Obispo, CA Residential Land & Home Lots for Sale

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Raw Land Parcel with Panoramic Views
Updated: Apr 6
Raw Land Parcel with Panoramic Views

6175 Balm Ridge Way, San Luis Obispo, CA 93401

$1,750,000
38.58 AC lot
38.58‑acre raw land parcel in the Baron Canyon Ranch enclave
Gated community setting within the Baron Canyon Ranch enclave
Set at the end of Baron Canyon Ranch Road and Balm Ridge Road with no through traffic
Elevated hillside location with sweeping, unobstructed panoramic views toward the distant Pacific Ocean
Approximately 3 miles from the San Luis Bay Drive freeway exit for access to San Luis Obispo and Avila Beach
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Spacious Lot in San Luis Obispo
Updated: Jul 18, 2025
Spacious Lot in San Luis Obispo

2171 San Luis Drive, San Luis Obispo, CA 93401

$599,000
0.41 AC lot
Large .41 acre (17,860 sf) lot in San Luis Creek Estates.
Located on San Luis Drive, a highly desirable street in San Luis Obispo.
Enjoy gorgeous views of Bishop Peak.
City‑designated open space at the rear of the lot for added privacy.
Soils report and drainage calculations are completed.
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San Luis Obispo View Lot
San Luis Obispo View Lot

1636 Encino Ct, San Luis Obispo, CA 93401

$799,000
0.26 AC lot

Prime lot in desirable neighborhood with included home plans.

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Oversized Lot in Sinsheimer Neighborhood
Oversized Lot in Sinsheimer Neighborhood

2406 Johnson Ave, San Luis Obispo, CA 93401

$475,000
0.40 AC lot

Large parcel with SB9 lot split potential in prime location.

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San Luis Obispo Land Opportunity
San Luis Obispo Land Opportunity

2298 Santa Ynez Avenue, San Luis Obispo, CA 93405

$499,000
0.42 AC lot

Spacious lot in Upper Monterey Heights with stunning views.

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77 Acres in San Luis Obispo
77 Acres in San Luis Obispo

Stagecoach Road, San Luis Obispo, CA 93405

$500,000
76.98 AC lot

Pristine 77-acre parcel bordering West Cuesta Ridge Trail.

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Residential Lot in San Luis Obispo
Residential Lot in San Luis Obispo

2171 San Luis Drive, San Luis Obispo, CA 93401

$599,000
0.41 AC lot

Spacious lot in desirable neighborhood with views and privacy.

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Residential Land Lot
Residential Land Lot

2298 Santa Ynez Avenue, San Luis Obispo, CA 93405

$549,000
0.42 AC lot

Residential lot accessed via a shared driveway with utilities available at the property line.

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Raw Land Estate Homesite
Raw Land Estate Homesite

6175 Balm Ridge Way, San Luis Obispo, CA 93401

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38.58 AC lot

Raw land homesite within a gated enclave, set at the end of Baron Canyon Ranch Road and Balm Ridge Road.

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San Luis Obispo Land Opportunity
San Luis Obispo Land Opportunity

2298 Santa Ynez, San Luis Obispo, CA 93405

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0.42 AC lot

Spacious lot with views in desirable Upper Monterey Heights.

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Residential Land Lot with Views
Residential Land Lot with Views

1636 Encino Court, San Luis Obispo, CA 93401

$825,000

Elevated residential lot on a quiet cul-de-sac with plans included and views from Edna Valley to Bishop's Peak.

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Banana Belt Lot with Views
Banana Belt Lot with Views

1636 Encino Ct, San Luis Obispo, CA 93401

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0.26 AC lot

Prime lot in San Luis Obispo with included home plans.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pismo Beach Coastal Homesite Opportunity
Pismo Beach Coastal Homesite Opportunity

991 Visalia Street, Pismo Beach, CA 93449

$595,000
0.41 AC lot

Rare 0.4-acre Pismo Heights homesite with panoramic ocean views.

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Pismo Beach Land with Views
Pismo Beach Land with Views

1094 Longview, Pismo Beach, CA 93449

$315,000
0.19 AC lot

Residential lot in Pismo Beach with coastline views.

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Residential Land Homesite Opportunity
Residential Land Homesite Opportunity

Lot 21 The Preserve, Santa Margarita, CA 93453

$749,000
1.04 AC lot

A 1.04-acre homesite in The Preserve at Santa Margarita Ranch with views and privacy.

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Custom Home Lot in Preserve
Custom Home Lot in Preserve

Lot 20 The Preserve, Santa Margarita, CA 93453

$799,000
1.20 AC lot

Build on a 1.2-acre homesite within The Preserve at Santa Margarita Ranch, with paved roads and utilities provided.

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San Luis Obispo, CA Residential Land & Home Lots Market Trends and Statistics

Explore 12 residential land & home lots for sale in San Luis Obispo, CA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 6,844,822 square feet of properties for sale, with an estimated market value of $6,595,000.

Sale prices for home sites in San Luis Obispo, CA start at $475,000, averaging $732,777, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 16
Residential land & home lots 14
Industrial land 13
Agricultural land / Farmland 5
Waterfront Land 1

Demographics Overview

Population 79K
Population Growth (5Y) -12.3%
Median Household Income $82,388
College Educated 27.6%

High-Yield Neighborhoods for Investment

Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
93405 $499.5K
93401 $1M

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $13.51 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Luis Obispo County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in San Luis Obispo fall within the 1 to 5 acres range.

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