878 Murray Avenue, San Luis Obispo, CA 93405

$552,500

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Sold Price
$552,500
List Price
$599,000
Closing Date
Apr 13, 2026
Status
CLOSED
MLS#
NS26071720
Lot Size
6,250
Acres
0.14
Lot Location
Near Park
Days on Market
1
Property Type
Land
Neighborhood
San Luis Obispo(380)

Property Description

There’s something special about Murray Avenue, one of San Luis Obispo’s most loved streets, and opportunities like this are rarely available. Vacant lots on Murray are limited, making this 6,250± sq ft offering especially noteworthy. Ideally located just minutes from California Polytechnic State University, downtown San Luis Obispo, and some of the area’s best hiking and biking trails, the setting alone is hard to beat. What truly sets this opportunity apart is the momentum already in place. Plans for a thoughtfully designed house and ADU have been submitted to the City of San Luis Obispo and are included in the sale, featuring a 4-bedroom, 3-bath main residence with a detached 3-car garage, plus a 2-bedroom, 1-bath ADU. Whether you’re looking to build your dream home or create a high-demand investment property with strong rental potential, this is a rare chance to step into one of San Luis Obispo’s most consistently desirable neighborhoods with a head start.

Additional Information

View
Neighborhood
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Kelly Wood (kellywood@stableproperties.com) from Listing Office: Stable Properties.

Listing sold by Adam Pettit from Modern Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.