Santa Margarita (SMRG) Real Estate

Santa Margarita (SMRG) Real Estate

Welcome to Santa Margarita, a hidden gem nestled in the heart of San Luis Obispo County, California. This charming town offers a delightful blend of rustic charm and natural beauty, making it an ideal destination for those seeking a peaceful retreat away from the hustle and bustle of city life.

Santa Margarita is renowned for its stunning landscapes, featuring rolling hills, expansive vineyards, and picturesque farmlands. The area boasts a rich agricultural heritage, with many local farms and wineries that invite you to savor the flavors of the region. Whether you’re a wine enthusiast eager to explore the local vineyards or a nature lover looking to hike through scenic trails, Santa Margarita has something for everyone.

One of the town's highlights is the serene Santa Margarita Lake, perfect for fishing, kayaking, and picnicking with family and friends. The lake’s tranquil setting is a great spot to unwind and soak in the breathtaking views of the surrounding hills.

Santa Margarita also has a vibrant community spirit, with local events and farmers' markets that bring residents together. The town's quaint downtown area features charming shops and eateries, where you can enjoy a warm cup of coffee or a delicious meal made from locally sourced ingredients.

With its friendly atmosphere, stunning scenery, and a strong sense of community, Santa Margarita is more than just a place to live—it's a lifestyle. Whether you're looking to buy your dream home or invest in a vacation property, Santa Margarita is waiting to welcome you with open arms. Come experience the magic of this enchanting town today!

Newest Listings in Santa Margarita (SMRG)

22817 I, Santa Margarita
$749,900
NS26217037 MLS ⋅ Active Status
Rare Santa Margarita Opportunity-Two Homes on One Acre. Rarely does an opportunity like this come to market! This versatile property features two separate homes, offering an exceptional combination of rental income, multi-generational living, guest accommodations, or future investment potential. The main residence offers 3 bedrooms and 2 bathrooms across approximately 1,080+/- square feet and plenty of usable outdoor space. Raised garden beds, a large storage shed, carport for covered parking, and a cute front deck are just a few perks of this home. A separate 1-bedroom plus office, 2-bath 804+/- square foot guest home with a charming covered porch and a detached two-car garage provides additional flexibility and opportunity. Both residences are currently tenant occupied, generating a combined $2,375 per month in rental income ($1,350/month for the main home and $1,025/month for the guest home) and boast separately metered utilities, providing immediate income for an investor while preserving the potential to enhance the property's value over time. The approximately one-acre setting offers room to spread out, with potential space for horses and other rural lifestyle uses. Enjoy the charm and community of Santa Margarita while remaining conveniently located near San Luis Obispo, Paso Robles, Atascadero, and the Central Coast. Whether you're looking for an income-producing investment, a property for extended family, or a unique opportunity to own multiple residences on one parcel, this rare Santa Margarita offering deserves a closer look. If you're looking to add even more land and a third home, check out the neighboring property at 22815 I Street, Santa Margarita also being offered for sale at $699,900. MLS#NS26216088. BONUS- The sellers are open to considering seller financing for 5-7 years with 20-30% down at only a 4% interest on at least one of these parcels

22817 I, Santa Margarita

22817 I, Santa Margarita
$749,900
5 Beds ⋅ 4 Baths ⋅ NS26217018 MLS ⋅ Active Status
Rare Santa Margarita Opportunity-Two Homes on One Acre. Rarely does an opportunity like this come to market! This versatile property features two separate homes, offering an exceptional combination of rental income, multi-generational living, guest accommodations, or future investment potential. The main residence offers 3 bedrooms and 2 bathrooms across approximately 1,080+/- square feet and plenty of usable outdoor space. Raised garden beds, a large storage shed, carport for covered parking, and a cute front deck are just a few perks of this home. A separate 1-bedroom plus office, 2-bath 804+/- square foot guest home with a charming covered porch and a detached two-car garage provides additional flexibility and opportunity. Both residences are currently tenant occupied, generating a combined $2,375 per month in rental income ($1,350/month for the main home and $1,025/month for the guest home) and boast separately metered utilities, providing immediate income for an investor while preserving the potential to enhance the property's value over time. The approximately one-acre setting offers room to spread out, with potential space for horses and other rural lifestyle uses. Enjoy the charm and community of Santa Margarita while remaining conveniently located near San Luis Obispo, Paso Robles, Atascadero, and the Central Coast. Whether you're looking for an income-producing investment, a property for extended family, or a unique opportunity to own multiple residences on one parcel, this rare Santa Margarita offering deserves a closer look. If you're looking to add even more land and a third home, check out the neighboring property at 22815 I Street, Santa Margarita also being offered for sale at $699,900. MLS#NS26216088. BONUS- The sellers are open to considering seller financing for 5-7 years with 20-30% down at only a 4% interest on at least one of these parcels

22817 I, Santa Margarita

22815 I, Santa Margarita
$699,900
3 Beds ⋅ 2 Baths ⋅ NS26216088 MLS ⋅ Active Status
Private Acreage Living with Sweeping Santa Margarita Ranch Views. Set on approximately one acre and tucked away on a desirable flag lot, this spacious 3-bedroom, 2-bath home offers the perfect blend of privacy, comfort, and breathtaking views. From the moment you step inside, the open and inviting floor plan draws you toward the spectacular scenery beyond. The living room takes full advantage of the setting, while the covered back porch and a patio provide the perfect place to enjoy your morning coffee, unwind after a long day, or entertain. The desirable split-wing floor plan offers privacy and functionality, with the primary suite thoughtfully separated from the additional bedrooms. The spacious primary retreat features a huge walk-in closet, providing an abundance of storage and everyday convenience. Outside, the possibilities are endless. With approximately an acre of land, there is plenty of room to enjoy the peaceful surroundings, create outdoor living spaces, garden, entertain, or work from home with 5 garage/carport structures. The 2 car garage nearest the home measures 24'x25' while across the driveway is a metal garage that's 22'x30' long next to a stick built garage that's 24'x24'. The two sizable carports are 20'x20' and 18' x 26' deep. This place is calling your name, schedule to see it for yourself! If you're looking for even more land and for 2 additional homes, the neighboring 1 acre property is also being offered for sale at $749,900 MLS#NS26217018. BONUS- the seller is willing to consider carrying papers for at least one of these properties with 20-30% down, due in 5-7 years at 4% interest!

22815 I, Santa Margarita

22363 H, Santa Margarita
$895,000
5 Beds ⋅ 2 Baths ⋅ SC26195369 MLS ⋅ Active Status
TWO FULLY DETACHED HOMES ON ONE LOT in the heart of downtown Santa Margarita! This unique property delivers incredible flexibility for an owner-user, investor, multi-generational living setup, or anyone looking for additional rental income—all just minutes from San Luis Obispo. The front home features two bedrooms, an open living area flowing into the kitchen with breakfast bar, and upstairs bedrooms with access to multiple private decks. A long driveway provides generous off-street parking, and the home has its own laundry and air conditioning. Completely separate from the front residence, the rear home enjoys its own private entrance, driveway and carport with convenient alley access. The kitchen opens to the living area, while upstairs you'll find three bedrooms, each with its own deck. The rear home also features its own laundry and air conditioning. The fully gated property is filled with inviting outdoor spaces, including beautifully maintained landscaping, multiple patios, decks and storage sheds—creating plenty of room to entertain, relax and enjoy the Central Coast lifestyle. With two independent homes, separate access and no shared interior connection, the possibilities are exceptional: live in one and rent the other, create a dedicated space for extended family, or take advantage of the property's income potential. Located just blocks from Santa Margarita Elementary, the library, local market, restaurants, wine tasting rooms and everything that makes downtown Santa Margarita special—all while being approximately 15 minutes from San Luis Obispo. Two homes, one property, endless possibilities.

22363 H, Santa Margarita

22460 F Street, Santa Margarita
$940,000
3 Beds ⋅ 2 Baths ⋅ NS26192825 MLS ⋅ Active Status
Welcome to 22460 F Street in Santa Margarita, a 3-bedroom, 2-bath home offering 1,612± sq ft of living space on a spacious 15,000± sq ft lot, highlighted by an incredible backyard with multiple entertaining areas, a pool, lush landscaping & beautiful views toward Santa Margarita Ranch and the western mountain ranges. Step inside to an expansive living room featuring a large picture window, wood-burning fireplace with a gas starter & stone mantel, & exposed beams & wood plank ceilings that continue into the kitchen & dining areas. The kitchen offers tile countertops, tile backsplash, upper cabinetry & a window overlooking the front yard, while the adjoining dining area creates an easy connection between the main living spaces. Just beyond the kitchen is the laundry room with a pantry cabinet, additional upper storage, & garage access. The spacious primary suite features a sliding glass door that opens to its own shaded porch, while the primary bath includes dual sinks & a soaking tub with handheld shower capability. Two additional guest bedrooms are located down the hall along with the guest bathroom. Three separate mini-split systems provide added comfort, with units located in the living room, primary bedroom & one guest bedroom. The backyard is where this property truly stands out. An above-ground pool is surrounded by a raised wood deck overlooking Santa Margarita Ranch. A dedicated BBQ deck sits adjacent to a stone paver patio beneath a mature fruitless mulberry tree with a tire swing. The expansive landscaped lawn is accented by palms, river rock, established plantings & a fountain centerpiece. Toward the rear of the property, a brick paver patio with pergola & string lights creates an inviting place to relax, entertain & take in views of the western mountain ranges and incredible sunsets. Additional exterior features include a separate fenced area currently used as a dog run, another fenced storage area with a shed, a pool shed, RV/boat parking along the side of the home, a large driveway & an oversized garage with a single garage door. The fenced front yard includes lawn, a mature fruitless mulberry shade tree, a peach tree & a welcoming front porch. A special Santa Margarita property offering character, space & an exceptional outdoor lifestyle!!

22460 F Street, Santa Margarita

14340 Del Rosa, Santa Margarita
$324,900
3 Beds ⋅ 2 Baths ⋅ PI26193383 MLS ⋅ Active Status
Escape the noise without giving up everyday convenience. Set on 2.5 fully fenced acres, this peaceful rural property offers exceptional privacy, open skies, and virtually no traffic noise. Established trees and landscaping create a natural buffer from the road, while neighboring homes are rarely visible from the house or yard. At night, the stars and Milky Way are spectacular. The surrounding hills make the drive home beautiful year round; lush green in winter, wildflower-covered in spring, golden in summer, and often glowing at sunrise and sunset. The home features 3 bedrooms and 2 bathrooms and is comfortable, cozy and thoughtfully updated. Recent improvements add to its functionality and appeal while maintaining the character of the home. The spacious great room and large kitchen are connected by a wide arched opening, creating a welcoming central gathering space, with a fireplace adding warmth on cool evenings. Two of the bedrooms are especially generous in size. Outdoor living is a highlight, with a large privacy-fenced backyard, covered front porch, back deck with hanging lights and speakers, multiple sitting areas, picnic spaces, handmade outdoor pizza oven, and room for a pool or pond. Established gardens include artichokes, asparagus, peaches, pluots, apples, pears, nectarine, mulberry, elderberries, grapes, blackberries, herbs and abundant flowers, along with a 10' x 20' greenhouse and irrigation throughout the property. An established beehive produces honey on-site. There is abundant usable space for animals, hobbies, storage and recreational equipment, including an approximately 1,500 sq. ft. canvas pole barn, one-car garage equipped with a Tesla powerwall, 10' x 10' Tuff Shed, pump house, storage shelter and chicken coop/run. Water is available in the majority of the property, with ample room for boats, RVs, trailers and more. A wonderful property for anything your rural living heart desires. it also offers reliable fixed-wireless internet, weekly trash service, direct package delivery, USPS parcel lockers and maintained community roads. The local elementary school is approximately 10 minutes away, with school transportation available for Atascadero middle and high school students. Conveniently located between Atascadero, Paso Robles, San Luis Obispo, Taft and Bakersfield, with access to both the US-101 and I-5 corridors. Space, privacy, quiet and the freedom to enjoy the outdoors—this is rural living at its most genuine.

14340 Del Rosa, Santa Margarita

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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.

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