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Land with Home for Sale in Santa Margarita, California

4555 Las Pilitas Rd, Santa Margarita, CA 93453

$849,000
20 acres
Active
$40k drop
Est $4,662/mo

Spectacular oak trees and flat, farmable land make this beautiful 20+/- acre ranch truly unique and suitable for many uses. You'll find a 2,100+ sq. ft. home, a barn, a freestanding metal carport, and horse facilities, all in a picturesque private setting. Bring your animals, or start farming the land. You could plant a vineyard, orchard, row crops, alfalfa, and more. The property is also well suited for hunting, trail riding, hiking, and mountain biking. The water well was recently tested on 1/24/2024 at 32 gallons per minute for four hours. There is a 5,000 gallon water storage tank near the high point on the property. There is a seasonal stream that runs through the property. A few miles away is the public entrance to Santa Margarita Lake which offers boating, fishing, hiking, horseback riding, and camping. A little further down the road is the historic town of Pozo and public access to the Los Padres National Forest and the Pozo-La Panza Off-highway Vehicle (OHV) recreation area. The quaint town of Santa Margarita is approximately 9 miles away, bringing both locals and tourists to the renowned restaurants, markets, wine tasting, and adventure park. Just a few miles further is the city of San Luis Obispo, a college town with a vast array of services, jobs, and cultural amenities. At the property there is high-speed WiFi Internet service available - so come live (and work!) surrounded by all the beauty of living in the country. This sale is subject to Probate Court approval.

2,216
Sq feet
3
Beds
2
Full baths
1988
Built

Location

Street address
4555 Las Pilitas Rd
Community
Santa Margarita Rural(80)
School district
Atascadero Unified
Elevation
1,473 feet
Coordinates
35.3535, -120.485

Directions

From Santa Margarita go Hwy 58 to (straight) Pozo Rd. Then turn left onto Las Pilitas Rd. In 4 miles see property entrance on right.

Property details

Acreage
20 acres
Zoning
Rural Lands
MLS #
MRMLS NS24168349
Posted

Parcels

  • 070351031

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Lot

View
Panorama

Exterior

Structures
Corral(s)
Features
Back Yard, Corral, Front Yard, Horse Property Improved, Overhead Utilities, Pasture, Ranch, Rural Community Features Included, Secluded, Tree/Orchard Agricultural, Vine/Vineyard Agricultural

Structure

Stories
2
Heating
Central, Propane
Cooling
Central Air

Interior

Rooms
Bathroom x 2, Bedroom x 3, Kitchen, Laundry, Living Room, Office
Appliances
Range, Refrigerator
Features
Ceiling Fan(s), High Ceilings

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Aug 15, 2025Price drop$849,000$40,000 -4.5%MRMLS
May 23, 2025Back on market$889,000MRMLS
Mar 30, 2025Under contract$889,000MRMLS
Jan 23, 2025Back on market$889,000MRMLS
Dec 16, 2024Under contract$889,000MRMLS
Dec 5, 2024New listing$889,000MRMLS
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This 20-acre property is located at 4555 Las Pilitas Rd in Santa Margarita, CA 93453. The property is available for sale for $849,000. It has a 2,216 sq ft 3 bedroom, 2 bath house built in 1988.

Checked 57 mins ago — Updated

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