$2,000,000

22937 I Street, Santa Margarita, CA 93453

  • 3 beds |
  • 2 baths |
  • 2,368 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon8.06acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $845/sqft
  • Property List Date Icon Listed 3 months ago

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
  • 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
  • General: Barn(s)Storage
  • Style: Ranch
  • Other Structures: Barn(s)StorageCovered
  • Pool: Private
  • Parking: Door-MultiGarageParking spaces: 2
  • General: Wood Siding1Slab
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • School District: Atascadero Unified
  • County: San Luis Obispo
  • Zoning: RS069091014
  • View: HillsMountain(s)PanoramicView
  • Utilities: Standard
  • Water: See Remarks
  • Sewer: Septic Tank
  • Source: CRMLS_CRM

This listing courtesy of Brooke Sutton , Richardson Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Santa Margarita Elementary School

22070 H St, Santa Margarita, CA, 93453

Grades KG-5

0.98 miles away

A

Atascadero Choices in Education Academy (Ace)

10801 El Camino Real, Atascadero, CA, 93422

Grades KG-12

5.36 miles away

A

Atascadero Choices in Education Academy (Ace)

10801 El Camino Real, Atascadero, CA, 93422

Grades KG-12

5.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.