22937 I Street, Santa Margarita, CA 93453

• 3 beds |
• 2 baths |
• 2,368 sqft

Property 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.

Listing Status:

Active

Date Added:

January 5, 2026

Data Last Updated:

April 17, 2026 at 7:16AM

Listing Office:

Richardson Sotheby's International Realty : 805-781-6040

Listing Agent:

Brooke Sutton : 805-781-6040

MLS ID:

PI25273543

Interior

• General: Ceiling Fan(s)Separate/Formal Dining RoomAll Bedrooms DownMain Level Primary
• Appliances: Gas OvenMicrowave
• Laundry: See Remarks
• Flooring: CarpetSee Remarks
• A/C: See Remarks
• Fireplace: Living RoomFireplace
• Disability Feature: See Remarks

Exterior

• General: Barn(s)Storage
• Style: Ranch
• Other Structures: Barn(s)StorageCovered
• Pool: Private
• Parking: Door-MultiGarageParking spaces: 2

Construction

• General: Wood Siding1Slab

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• School District: Atascadero Unified
• County: San Luis Obispo

Lot

• Zoning: RS069091014
• View: HillsMountain(s)PanoramicView

Utilities

• Utilities: Standard
• Water: See Remarks
• Sewer: Septic Tank

Financial

• Source: CRMLS_CRM