Santa Margarita (SMRG) Real Estate

6 Beds ⋅ 4 Baths ⋅ NS26217945 MLS ⋅ Active Status

45 acres, two private residences, and an exceptional workshop—all just 20 minutes from the charming town of Santa Margarita. Tucked into the rugged hills of the Central Coast, this unique property offers a rare combination of privacy, versatility, and wide-open space, with convenient access to San Luis Obispo and North County. Thoughtfully positioned on separate areas of the 45-acre property, two turnkey, single-level ranch-style homes offer exceptional privacy and independence. The main residence at 3155 Parkhill Road features four bedrooms and two-and-a-half bathrooms, while the second residence at 3151 Parkhill Road offers two bedrooms and one-and-a-half bathrooms. With one home situated toward the front of the property and the other set farther back, this distinctive arrangement is ideal for multigenerational living, extended family, guests, potential rental income, or simply enjoying the flexibility of two residences on one expansive property. A standout feature is the impressive 40' x 60' workshop, complete with 220-volt power and water. Substantial in both size and functionality, this exceptional space offers endless possibilities for a craftsman, mechanic, collector, hobbyist, or business owner seeking a dedicated workspace with room to spread out. Beyond the residences and workshop, 45 acres of scenic, rugged terrain unfold across the surrounding hills, offering sweeping mountain views, opportunities for recreation, potential agricultural uses, and an extraordinary sense of peace and seclusion. The natural landscape provides a beautiful backdrop for those who appreciate the outdoors and the freedom of rural living. Combining two move-in-ready homes, substantial acreage, and an impressive workshop, this remarkable Central Coast property offers a unique opportunity to live, work, and enjoy the land—all within easy reach of Santa Margarita, San Luis Obispo, and the surrounding communities.

3151 Parkhill, Santa Margarita

$154,800

2 Beds ⋅ 1 Baths ⋅ MB26227549 MLS ⋅ Active Status

Property is situated in a quiet, desirable area of the beautiful Santa Margarita Valley, perfect for horses, chickens, goats, and more. Please be aware that the well is currently non-functional and requires replacement or repair. The property is being sold "as-is," but it's in move-in condition.

14355 Bella, Santa Margarita

$998,000

4 Beds ⋅ 3 Baths ⋅ NS26226608 MLS ⋅ Active Status

Custom built single level home with 4 bedrooms, 3 bathrooms, living room, family room and oversized attached 3 car garage. Enjoy 16 foot ceilings, extra insulation, and hard wood doors. The kitchen has a double convection oven and the stove top has 5 gas burners. The cabinets are alder with a cherry wood finish. Glass front cabinets let you showcase your favorite glassware. Kitchen counter tops are Royal Stone, and floors are slate in the family room, hall and bathrooms. The bedrooms and living room have carpet. Two of the bathrooms have dual sinks. The wood burning fireplace is raised up a couple feet, and is the focal point in the family room/kitchen. It is really all you need to keep the house warm in the winter. There is a two sided gas fireplace in the master bedroom, with one side open to the master bathroom garden tub. The master bathroom has tile and a walk in shower. There is meadow over the hill that is magical. Enjoy wild animals, peace, quiet and open spaces. Located only 16 miles from downtown on 10 acres in Santa Margarita, zoned for two homes of any size, 80% of land is completely level, perfect for horses, and animals. Surrounded by beautiful forest, mountain views, seasonal creek and seasonal pond. The property has a beautiful 1936 restored windmill, and it is 3/4 fenced with a solar powered gate. Santa Margarita Lake access trails are nearby. There are hiking trails, and lots of USA land available to explore. Santa Margarita has a popular elementary school. Experience a strong community feel with a 4th of July parade, cruise nights, great restaurants, and a popular community park that has community potlucks, movies, and music. There is a winery nearby that has a popular food truck, in 2027 a barbecue restaurant is opening at the Pozo Saloon which is 6 miles away. Pozo has a small Farmers market to enjoy on Sunday's.

1575 Parkhill Road, Santa Margarita

11730 Choctaw (AKA Cholame) Trail, Santa Margarita

$10,000

PI26225096 MLS ⋅ Active Status

2.5 to 5 Acres Far North WITH VERY DARK SOIL AND GREEN GRASS is an indication that there is very GOOD WATER for gardens and drinking. VERY EASY access from Belmont and Cornell. Amazing Views of West Hills. Hunting in BLM property. Area allows for off road driving or motorcycles. Bring your horses, cows, chickens, and goats. Great for a getaway or build your dream home. Manufactured homes okay. *ADDRESS NUMBER ESTIMATED, ONLY USE MAPS FROM AGENT!* 35.312687, -119.962047 APN 083-391-023 *(BUY TWO 2.5 acre LOTS TO GET 5 ACRES the next-door lot 11750 Choctaw Trl. 083-391-024 is Available).

11730 Choctaw (AKA Cholame) Trail, 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

$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

$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

$175,000

2 Beds ⋅ 2 Baths ⋅ NS26208708 MLS ⋅ Active Status

Just Listed in the desirable town of Santa Margarita! Welcome to 9712 Pinal Ave #B7, a spacious 2-bedroom, 2-bath manufactured home offering approximately 1,152 square feet of living space in the Santa Margarita Mobile Home Park, within close proximity to the Downtown and Park. This home features a comfortable floor plan with generous living areas, a cozy fireplace, and plenty of room to make the space your own. The kitchen is at the heart of the home, and a hallway leads to two good sized bedrooms. The primary bedroom has its own half bath. Conveniently located within the community and close to local shops, restaurants, schools, and the surrounding outdoor recreation Santa Margarita has to offer. A great opportunity for those looking for an affordable home in a small-town setting and short commute to San Luis Obispo.

9712 Pinal Unit B7, Santa Margarita

$10,000

PI26206744 MLS ⋅ Active Status

2.51 ARES *HOT* ELECTRIC POLE ON CORNER. Next door neighbor said their well water is great. Located on often DRIVEN ROAD, Arrow Bear Trl., giving you very easy access. Hunting in BLM property. Area allows for off road driving or motorcycles. Bring your horses, cows, goats and chickens. Great for a getaway or build your dream home. Manufactured homes okay. Address number estimated get the MAP FROM AGENT 35.292541, -119.932072 APN 083-051-002

12615 Arrow Bear Trail, Santa Margarita

$749,000

3 Beds ⋅ 2 Baths ⋅ PI26205312 MLS ⋅ Active Status

Turnkey Santa Margarita Gem with Huge Lot & ADU Potential. 22540 K Street is a beautifully modernized, move-in-ready 3-bedroom, 2-bathroom home where classic character meets contemporary design. The sun-drenched, open-concept layout features durable luxury vinyl plank flooring and a seamless flow from the welcoming living room into a fully upgraded kitchen boasting quartz countertops and stainless-steel appliances. The private primary suite features its own dedicated en-suite bath, while two additional bright bedrooms offer plenty of versatility for a home office, guests, or family. Outdoor Living: Step out to a spacious covered patio perfect for alfresco dining and weekend entertaining. Endless Possibilities: The massive backyard features convenient alley access—ideal for building an ADU, parking an RV or boat, or creating your dream garden. The Location: Enjoy peaceful, small-town charm with easy highway access to San Luis Obispo, Atascadero, and Paso Robles wine country.

22540 K, Santa Margarita

$9,000

SC26197109 MLS ⋅ Active Status

Own 2.5 Acres for Just $9,000! Discover an affordable opportunity to own a piece of California Valley 14 minutes from the Carrizo Plain National Monument that features the white alkali flats of Soda Lake, Painted Rock, vast open grasslands and a broad plain rimmed by mountains. Opportunities abound for hunting, off road driving or motorcycles. Wildflowers are often seen in the spring. Set in a peaceful, wide-open landscape, this property offers plenty of room to imagine your own rural retreat, hobby-farm setting, or long-term land investment. Electric poles run along Big Creek Road (an unmarked road), although electric wires are not currently in place. There is no water service to the property, and buyers should investigate well feasibility and all water, utility, and development requirements with the County of SLO Department of Planning and Building--See Supplements for California Valley (FAQ).

Bangor Trail, 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

Santa Margarita (SMRG) Real Estate

Newest Listings in Santa Margarita (SMRG)

How much is your home worth?

How much is your home worth?