22937 I Street, Santa Margarita, CA 93453 (MLS # PI25273543)

Price $2,000,000
Status Active
Beds 3
Baths 2 Baths
Home size 2,368 sqft
Lot Size 8.06 ac
Days on Market 3
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.
Property Type(s): Single Family
Last Updated 1/5/2026 Tract Santa Margarita In Town(70)
Year Built 1952 Community SMRG - Santa Margarita
Garage Spaces 2.0 County San Luis Obispo

Additional Details

AIR CONDITIONING Yes
APPLIANCES Gas Oven, Microwave
AREA SMRG - Santa Margarita
BARN/EQUESTRIAN Yes
CONSTRUCTION Wood Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
INTERIOR Ceiling Fan(s), Master Downstairs
LOT 8.06 acre(s)
LOT DIMENSIONS 351094
PARKING Attached, Garage
POOL Yes
POOL DESCRIPTION Private
SEWER Septic Tank
STORIES 1
STYLE Ranch
SUBDIVISION Santa Margarita In Town(70)
VIEW Yes
VIEW DESCRIPTION Hills, Mountain(s), Panoramic
WATER See Remarks

Location

 

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Listed with Richardson Sotheby's International Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of 1/8/26 7:57 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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