7 San Luis Obispo County CA Homes For Sale

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$33,000,000
6 Beds ⋅ 7 Baths
LUXURY PROPERTY AUCTION: 5-15 AUGUST. Accepting Starting Bids Through 4 August. No minimum starting bid. Earn a starting bid reduction by 4 August. Windfall Farms spans nearly 724 acres in the Paso Robles AVA, California's fastest-growing wine region. Formerly owned by television icon Alex Trebek as a Thoroughbred breeding facility, the land retains a 6.5-furlong racetrack and paddocks. 76 approved lots, four operating wells, and Huero Huero Creek support 387 acres of premium dry red varietals, sold under contract to name-brand wineries, generating positive cash flow. Infrastructure includes 4.5 miles of paved roads and 480V three-phase power for potential winery or resort-style tasting use. The sale includes APN-s: 035-361-002; 035-361-003, 035-381-002; 035-381-011

4710 Flying Paster Lane, Paso Robles

Listing courtesy of Sotheby's International Realty.

$7,500,000
Fully Entitled Multifamily Development Opportunity in Supply Constrained, High-Growth Nipomo. Mesa Trails Apartment Community presents a rare opportunity to acquire a fully entitled, 240-unit market-rate multifamily development in Nipomo, California, one of the Central Coast's most attractive and supply constrained housing markets. Situated on approximately 8.86 acres with direct access to U.S. Highway 101, the project combines entitlement certainty, strategic regional connectivity, and exposure to a market where demand for quality housing continues to exceed available inventory. The project received full approval from the San Luis Obispo County Planning Comm. in February 2024, including Conditional Use Permit approval and CEQA clearance through an adopted Mitigated Negative... Declaration. With all major discretionary approvals secured, a new owner can advance directly toward construction permitting, eliminating a significant portion of the entitlement risk, cost, and timeline typically associated with multifamily development in California. Nipomo occupies a strategic position between Santa Maria and San Luis Obispo and benefits from access to the Central Coast's primary employment centers, educational institutions, healthcare providers, and regional economic drivers. Supported by a diverse economy and an increasingly affluent population base, the area continues to experience sustained housing demand while maintaining significant barriers to new supply. As one of the few large scale multifamily development opportunities on California's Central Coast offering both entitlement certainty and market rate positioning, Mesa Trails represents a compelling opportunity to deliver new housing in a market defined by strong fundamentals, limited inventory and long-term growth potential.

222 N Frontage, Nipomo

Listing courtesy of Radius Group Commercial R.E..

$185,000
2 Beds ⋅ 1 Baths
Welcome to the Casa Del Rey 55+ community. Explore the amenities such as the pool, spa, and outdoor common area for your leisure. Corner lot with lots of backyard space and outdoor patio seating. Featuring 2 bedrooms & 1 full bathroom with separate laundry room/office. Just a 6 minute drive to the Oceano dunes & Beach. Down the street from restaurants and shopping. Schedule your showing today with your favorite realtor.

2531 Cienaga Street Unit Spc 31, Oceano

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

$75,000,000
Huasna Ranch, set across approximately 25,000 acres in San Luis Obispo County east of Arroyo Grande, is a rare Central Coast legacy holding where scale, utility, history, conservation potential and natural beauty converge. The ranch combines a substantial commercial cattle and hay operation with broad valley floors, oak-studded hills, rugged backcountry, extensive internal roads, springs, wells, reservoirs, stock ponds and sweeping mountain-to-ocean view corridors. Improvements include multiple homes, barns, corrals, working headquarters and historic ranch structures tied to the property's long agricultural heritage. The offering is comprised of approximately 148 legal parcels with certificates of compliance. That parcel configuration may prove highly meaningful to the ranch's conservation relevance as well as its overall value profile. Water infrastructure is a major strength, with multiple wells, year-round springs, solar pumps, tanks, troughs and approximately 25 stock ponds supporting livestock and ranch operations across the landscape. Recreational, sporting and long-term stewardship appeal further enhance the offering. Current operations are substantial, with meaningful additional scale potential. Huasna Ranch offers a rare opportunity to own an authentic California working landscape of uncommon scale, character and long-term relevance.

12707 Huasna Road, Arroyo Grande

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

$3,000,000
Edna Ranch presents a rare 50% joint venture opportunity combining classic ranch living with long-term development potential just minutes from downtown San Luis Obispo. Set in Edna Valley with views of Cuesta Range and Nine Sisters, the property includes 4 residences offering immediate income potential. Natural features: three reservoirs, two creeks, mature trees. Water is supported by 3 wells (approx. 20, 14, and 5 GPM). 2 all-weather access roads from Orcutt Road provide reliable entry. Adjacent to city limits & within the Sphere of Influence, the property is slated for future annexation (est 2028 per LAFCO), w/ prior plans for subdivision & higher-density development. This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000. *Please contact Henry Burrows for showings: 805-451-4314* Edna Ranch offers a rare opportunity to partner in a legacy asset that blends classic ranch living with significant long-term development potential--just minutes from downtown San Luis Obispo. This offering is for a 50% joint venture interest, ideal for an investor seeking both current income and future upside. Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential. The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property. Strategically positioned adjacent to city limits and within the City's Sphere of Influence, the property is identified for future annexation--currently anticipated around 2028 per LAFCO guidance--creating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 8-9 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing. This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000.

3970 Orcutt Road, San Luis Obispo

Listing courtesy of Avila Beach Realty.

$4,000,000
2 Beds ⋅ 2 Baths
Welcome to one of the most extraordinary ranch properties available. 136 breathtaking acres where sweeping ocean views meet gently rolling hills in a landscape that feels both expansive and offers unrivaled privacy. At the heart of the estate stands a stunning 2,544 sq. ft. custom-built main residence featuring 2 bedrooms and 2 bathrooms, crafted from rich pecky cedar with timeless character and artisan detail throughout. Panoramic windows frame spectacular views of the surrounding natural landscape, flooding every room with natural light and seamlessly connecting indoor living to the beauty outside. It's not uncommon to glance out and spot doe and bucks grazing peacefully in the grass just beyond your door. The property also includes two additional manufactured homes ready for your personal touch, a detached workshop adjacent to the main home, and multiple animal pens with agricultural infrastructure already in place. Endless rolling acreage provides space for riding trails, livestock, crops, or additional structures, everything you need to bring your agricultural vision to life. Whether you're envisioning a working hobby ranch, a self-sustaining homestead, a peaceful private retreat, or a multi-generational legacy estate, this property is ready to bring that vision to life. Wake up to sunrises over the hills, watch doe and bucks roam freely across the land, and end your evenings with the sun melting into the ocean horizon. This is more than land. It's a lifestyle. Video: https://vimeo.com/1175659355?share=copy&fl=sv&fe=ci

6645 Fern Canyon Road, San Luis Obispo

Listing courtesy of Douglas Elliman of California, Inc..

$7,500
Industrial building with fenced yard available for lease. Great site for a variety of industrial/ outdoor storage uses. Warehouse offers 19.5' ceilings, roll-up door, oversized sliding door, and one restroom. Approximately 9,740 SF of fenced yard and on-site parking included.

4990 Traffic Way, Atascadero

Listing courtesy of Hayes Commercial Group.