Land with Home for Sale in Santa Margarita, California
22937 I St, Santa Margarita, CA 93453
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 approxi-mately 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.
Location
- Street address
- 22937 I St
- County
- San Luis Obispo County
- Community
- Santa Margarita in Town(70)
- School district
- Atascadero Unified
- Elevation
- 1,045 feet
Directions
Highway 101 to Exit 211 Santa Margarita, Right on Wilhelmina Ave Right on I Street property sits back off the road
Property details
- Acreage
- 8.06 acres
- Zoning
- RS
- MLS #
- MRMLS PI25273543
- Posted
Parcels
- 069091014
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- View
- Hills, Mountain, Panorama
Exterior
- Parking Spaces
- 2
- Parking
- Garage
- Features
- 6-10 Units/Acre, Pool, Preserve/Public Land Community Features Included
Structure
- Style
- Ranch
- Stories
- 1
- Materials
- Wood Siding
Interior
- Rooms
- Bathroom x 2, Bedroom x 3, Family Room
- Flooring
- Carpet
- Appliances
- Gas Oven, Microwave
- Features
- Ceiling Fan(s)
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 6, 2026 | New listing | $2,000,000 | — | MRMLS |