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Welcome to 4754, 4756, and 4750 Santa Margarita Lake Road. This 16 acre property offers something you don't see every day: three separate residences, room to grow, and the flexibility to fit your life, whether that means multigenerational living or rental income. The main home at 4754 Santa Margarita Lake rd. has 3 bedrooms, 2 bathrooms, and a garage, along with a fireplace, an on demand hot water heater, and a newer roof. Over the concrete patio in the back yard is an awning from Equine Solutions. Next door at 4756 Santa Margarita Lake Rd. you'll find a 2 bedroom, 1 bathroom manufactured home, great for extended family, guests, or a tenant. And 4750 Santa Margarita Lake rd. rounds things out with a 2 bedroom, 2 bathroom home, its own garage, and a wood stove with a large kitchen island and vaulted wood ceilings. . Each home has its own electric meter and its own septic system, so every household runs independently. The property also includes 3 ponds, a well with two 2,500 gallon storage tanks, a Hague water system. The property is on propane with two tanks. A large barn with a workshop and a separate tack room gives you space for animals, projects, or hobbies, and the property is fully fenced and cross fenced, ready for horses or livestock. Bring the horses, there are pens in place and you can enjoy Santa Margarita Lake Recreation Area, just a couple minutes down the road which offers over 25 miles of scenic, backcountry equestrian trails. There's also an orchard with peaches, plums, apples, and pomegranates, all on drip irrigation. You're just 10 minutes from the town of Santa Margarita and a short drive from Santa Margarita Lake, so you get the quiet of country living without giving up easy access to town. Properties like this don't come up often. Whether you're looking for space for family, a rental income setup, or just room to spread out, this one is worth a look.
| Last Updated | 7/17/2026 | Tract | Santa Margarita Rural(80) |
|---|---|---|---|
| Year Built | 1965 | Community | SMRG - Santa Margarita |
| Garage Spaces | 4.0 | County | San Luis Obispo |
Additional Details
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Double Oven, Electric Oven, Electric Range, Range, Water Softener |
| AREA | SMRG - Santa Margarita |
| EXTERIOR | Awning(s), Kennel |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Fireplace Insert, Forced Air, Wood Stove |
| INTERIOR | Eat-in Kitchen, Tile Counters |
| LOT | 16 acre(s) |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 16 |
| PARKING | Attached, Attached Carport, Garage |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Santa Margarita Rural(80) |
| UTILITIES | Electricity Connected, Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills |
| WATER | Well |
| WATERFRONT DESCRIPTION | Lake |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/20/26 2:39 PM PDT 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
This IDX solution is (c) Diverse Solutions 2026.
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