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22937 I Street

Santa Margarita, CA 93453
  • $2,000,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: PI25273543
UPDATED: 40 min ago
$2,000,000
  • 3
    BEDS
  • 8.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,368
    SQFT
  • $845
    $/SQFT
Type:
Single-Family Home
Built:
1952
County:

School Ratings & Info

School District:
Listing Agent(s): Brooke Sutton of Central Coast Sotheby's International Realty (805-781-6040) and Chris Richardson of Richardson Sotheby's International Realty(805-781-6040)


Description

Unique Lifestyle and Development OpportunityThis approximately 8-acre property backs to the expansive Santa Margarita Ranch, offering privacy, open space, and a truly special setting. An existing single-level, ranch-style residence of approximately 2,300 square feet sits on a one-acre parcel and features three bedrooms, two bathrooms, thoughtful updates, a pool, a horse barn, and paddocks. The remaining acreage is zoned for one-acre parcels. Upon finalization of the subdivision map, the property will consist of six one-acre lots, with five currently undeveloped, providing the rare opportunity to reside in the existing home while developing and building the remaining homesites. A compelling blend of immediate enjoyment and future potential in one of Santa Margarita’s most desirable locations.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-17T00:26:20.123. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/171749641
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22937 I Street Santa Margarita, CA 93453

  • Price: $2,000,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 40 min ago
  • MLS #: PI25273543
3
Beds
2
Baths
0
½ Baths
8.06
Acres
2,368
SQFT
$845
$/SQFT
1952
Built
Neighborhood:
Santa Margarita In Town(70)
County:
San Luis Obispo
Area:
SMRG - Santa Margarita
School District:
Atascadero Unified
Property Description
Unique Lifestyle and Development OpportunityThis approximately 8-acre property backs to the expansive Santa Margarita Ranch, offering privacy, open space, and a truly special setting. An existing single-level, ranch-style residence of approximately 2,300 square feet sits on a one-acre parcel and features three bedrooms, two bathrooms, thoughtful updates, a pool, a horse barn, and paddocks. The remaining acreage is zoned for one-acre parcels. Upon finalization of the subdivision map, the property will consist of six one-acre lots, with five currently undeveloped, providing the rare opportunity to reside in the existing home while developing and building the remaining homesites. A compelling blend of immediate enjoyment and future potential in one of Santa Margarita’s most desirable locations.
Exterior Features

Architectural Style Ranch Attached Garage YN Yes Construction Materials Wood Siding Entry Level 1 Entry Location 1 Foundation Details Slab Lot Features 6-10 Units/Acre Other Structures Barn(s)Storage Parking Features Door-MultiGarage Parking Total 2 Patio And Porch Features Covered Pool Features Private Pool Private YN Yes Property Attached YN No Sign On Property YN Yes Spa Features None Spa YN No View HillsMountain(s)Panoramic View YN Yes

Interior Features

Accessibility Features See Remarks Appliances Gas OvenMicrowave Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetSee Remarks Interior Features Ceiling Fan(s)Separate/Formal Dining RoomAll Bedrooms DownMain Level Primary Main Level Bathrooms 2 Main Level Bedrooms 3

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Preserve/Public Land Electric Standard Garage YN Yes Land Lease YN No Laundry Features See Remarks Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan New Construction YN No Possession Close Of Escrow Property Sub Type Single Family Residence Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Structure Type House Water Source See Remarks Zoning RS



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-17T00:26:20.123. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Brooke Sutton of Central Coast Sotheby's International Realty (805-781-6040) and Chris Richardson of Richardson Sotheby's International Realty(805-781-6040)