| 22937 I Street Santa Margarita CA 93453 | |
| Price | $ 2,000,000 |
| Listing ID | PI25273543 |
| Status | Active |
| Property Type | Single Family Residence |
| County | San Luis Obispo |
| Neighborhood | Santa Margarita In Town(70) |
| Beds | 3 |
| Baths | 2 |
| House Size | 2368 |
| Year Built | 1952 |
| Lot Size | 8 |
| Days on website | 15 |
Description
Unique Lifestyle and Development Opportunity
This 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.
This 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.
Financial Information
List Price: $ 2000000
Property Features
Appliances: Microwave
Electric: Standard
Flooring: Carpet
Foundation Details: Slab
High School District: Atascadero Unified
Levels: One
Other Structures: Storage
Parking Features: Garage
Patio And Porch Features: Covered
Pool Features: Private
Senior Community YN: false
Structure Type: House
View: Hills, Panoramic
High School District: Atascadero Unified
Senior Community YN: false
MLS Area Major: SMRG - Santa Margarita
City: Santa Margarita
Listed By:
Brooke Sutton
Richardson Sotheby's International Realty
Co-listed by Chris Richardson
CA Lic#
Co-listed by Chris Richardson
CA Lic#
