Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts elegant architectural features including large windows, soaring 11-foot ceilings, and distinctive rooflines that enhance its functionality and historic charm. Brass door handles, Douglas Fir floors, artistic lighting fixtures, and a grand fireplace add a touch of quality and uniqueness you won’t find in newer construction. The property includes a kitchen area, two bathrooms, and a separate walk in shower room. Elevated above street level, the property provides stunning views of the surrounding mountains and downtown San Luis Obispo. At the rear, you’ll find a serene sitting area and a large parking lot with 8 onsite spaces. The expansive attic, accessible via staircase, offers ample storage space with the potential to convert into additional office or living areas. Whether you envision creating a Downtown SLO estate with gardens, guest units, and a detached garage/shop, or improving a premium office space, this property presents a unique opportunity. The seller has developed conceptual plans for additional housing units - please inquire for more information. Discover the potential of Palm Street and imagine the possibilities for this remarkable property in the heart of San Luis Obispo.
|
DAYS ON MARKET
|
51
|
LAST UPDATED
|
10/30/2024
|
|
TRACT
|
San Luis Obispo(380)
|
YEAR BUILT
|
1898
|
|
COMMUNITY
|
San Luis Obispo
|
COUNTY
|
San Luis Obispo
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
| School District |
San Luis Coastal Unified |
|
Prior to Oct 30, '24
|
$1,450,000
|
| Oct 30, '24 - Today |
$1,350,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Refrigerator |
| AREA |
San Luis Obispo |
| FIREPLACE |
Yes |
| GARAGE |
Uncovered |
| HEAT |
Central |
| HOA DUES |
0 |
| INTERIOR |
Attic, Cathedral Ceiling(s) |
| LOT |
0.28 acre(s) |
| LOT DESCRIPTION |
Lawn |
| PARKING |
Uncovered |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Victorian |
| SUBDIVISION |
San Luis Obispo(380) |
| UTILITIES |
Electricity Connected,Sewer Connected,Water Connected, Electric: Standard |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s) |
| WATER |
Public |
| ZONING |
O |
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Listed with Richardson Sotheby's International Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/2/24 1:33 AM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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