Santa Margarita Homes under $1.25 million

Welcome to Santa Margarita, California – a hidden gem nestled in the heart of San Luis Obispo County. This charming town, known for its picturesque landscapes and friendly community, offers a unique blend of rural tranquility and access to modern amenities. With rolling hills, lush vineyards, and a serene atmosphere, Santa Margarita is an ideal place for those seeking a peaceful lifestyle without sacrificing convenience.

One of the standout features of this delightful town is its diverse real estate market, particularly for homes under $1.25 million. Here, you can find an array of properties that cater to various tastes and lifestyles. Whether you’re searching for a cozy cottage, a spacious family home, or a rustic ranch-style property, Santa Margarita has something for everyone. Many of these homes boast stunning views, expansive outdoor spaces, and the charm of traditional California architecture.

Living in Santa Margarita means embracing a lifestyle that celebrates nature and community. The town is surrounded by beautiful parks, hiking trails, and the nearby Salinas River, perfect for outdoor enthusiasts and families alike. Additionally, the vibrant local culture is reflected in its farmers' markets, art shows, and community events, fostering a strong sense of belonging.

With its affordable housing options, stunning scenery, and welcoming atmosphere, Santa Margarita is an incredible place to call home. Discover the potential of this enchanting town today, and let your dream home become a reality in this idyllic California setting!

Newest Santa Margarita Homes under $1.25 million

$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

$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

$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

$960,000

3 Beds ⋅ 2 Baths ⋅ NS26192825 MLS ⋅ Active Status

Welcome to 22460 F Street in Santa Margarita, a 3-bedroom, 2-bath home offering 1,612± sq ft of living space on a spacious 15,000± sq ft lot, highlighted by an incredible backyard with multiple entertaining areas, a pool, lush landscaping & beautiful views toward Santa Margarita Ranch and the western mountain ranges. Step inside to an expansive living room featuring a large picture window, wood-burning fireplace with a gas starter & stone mantel, & exposed beams & wood plank ceilings that continue into the kitchen & dining areas. The kitchen offers tile countertops, tile backsplash, upper cabinetry & a window overlooking the front yard, while the adjoining dining area creates an easy connection between the main living spaces. Just beyond the kitchen is the laundry room with a pantry cabinet, additional upper storage, & garage access. The spacious primary suite features a sliding glass door that opens to its own shaded porch, while the primary bath includes dual sinks & a soaking tub with handheld shower capability. Two additional guest bedrooms are located down the hall along with the guest bathroom. Three separate mini-split systems provide added comfort, with units located in the living room, primary bedroom & one guest bedroom. The backyard is where this property truly stands out. An above-ground pool is surrounded by a raised wood deck overlooking Santa Margarita Ranch. A dedicated BBQ deck sits adjacent to a stone paver patio beneath a mature fruitless mulberry tree with a tire swing. The expansive landscaped lawn is accented by palms, river rock, established plantings & a fountain centerpiece. Toward the rear of the property, a brick paver patio with pergola & string lights creates an inviting place to relax, entertain & take in views of the western mountain ranges and incredible sunsets. Additional exterior features include a separate fenced area currently used as a dog run, another fenced storage area with a shed, a pool shed, RV/boat parking along the side of the home, a large driveway & an oversized garage with a single garage door. The fenced front yard includes lawn, a mature fruitless mulberry shade tree, a peach tree & a welcoming front porch. A special Santa Margarita property offering character, space & an exceptional outdoor lifestyle!!

22460 F Street, Santa Margarita

$324,900

3 Beds ⋅ 2 Baths ⋅ PI26193383 MLS ⋅ Active Status

Escape the noise without giving up everyday convenience. Set on 2.5 fully fenced acres, this peaceful rural property offers exceptional privacy, open skies, and virtually no traffic noise. Established trees and landscaping create a natural buffer from the road, while neighboring homes are rarely visible from the house or yard. At night, the stars and Milky Way are spectacular. The surrounding hills make the drive home beautiful year round; lush green in winter, wildflower-covered in spring, golden in summer, and often glowing at sunrise and sunset. The home features 3 bedrooms and 2 bathrooms and is comfortable, cozy and thoughtfully updated. Recent improvements add to its functionality and appeal while maintaining the character of the home. The spacious great room and large kitchen are connected by a wide arched opening, creating a welcoming central gathering space, with a fireplace adding warmth on cool evenings. Two of the bedrooms are especially generous in size. Outdoor living is a highlight, with a large privacy-fenced backyard, covered front porch, back deck with hanging lights and speakers, multiple sitting areas, picnic spaces, handmade outdoor pizza oven, and room for a pool or pond. Established gardens include artichokes, asparagus, peaches, pluots, apples, pears, nectarine, mulberry, elderberries, grapes, blackberries, herbs and abundant flowers, along with a 10' x 20' greenhouse and irrigation throughout the property. An established beehive produces honey on-site. There is abundant usable space for animals, hobbies, storage and recreational equipment, including an approximately 1,500 sq. ft. canvas pole barn, one-car garage equipped with a Tesla powerwall, 10' x 10' Tuff Shed, pump house, storage shelter and chicken coop/run. Water is available in the majority of the property, with ample room for boats, RVs, trailers and more. A wonderful property for anything your rural living heart desires. it also offers reliable fixed-wireless internet, weekly trash service, direct package delivery, USPS parcel lockers and maintained community roads. The local elementary school is approximately 10 minutes away, with school transportation available for Atascadero middle and high school students. Conveniently located between Atascadero, Paso Robles, San Luis Obispo, Taft and Bakersfield, with access to both the US-101 and I-5 corridors. Space, privacy, quiet and the freedom to enjoy the outdoors—this is rural living at its most genuine.

14340 Del Rosa, Santa Margarita

$999,000

2 Beds ⋅ 2 Baths ⋅ SR26190614 MLS ⋅ Active Status

180 acres (PRIMARILY FLAT) in San Luis Obispo County with a gorgeous ranch home. Property is in excellent condition. New buyer to develop to their needs. Reduced Price reflects great value in today's tough real estate market. More details available so make appointment today to see this majestic property.

13750 Cuyama Highway, Santa Margarita

$1,100,000

4 Beds ⋅ 4 Baths ⋅ PI26158848 MLS ⋅ Active Under Contract Status

11.36 Acres | Custom Home | Pool | Guest Quarters | RV Hookups | Borders BLM Land. Escape to your own private retreat on 11.36 acres in the charming town of Santa Margarita. This exceptional property offers approximately 5 usable acres surrounding the home and an additional 6 acres extending behind the home, backing directly to BLM land for unmatched privacy and recreation. Built in 2003, this well-maintained home features 4 bedrooms, an office, 3 bathrooms, and guest quarters. In 2019, the owners invested approximately $18,000 in new flooring throughout the home. A covered breezeway connects the main residence to a finished bonus space with its own bathroom and separate entrance—ideal for guest quarters, multigenerational living, a home office, or potential rental income. This space connects to the finished 4-car garage, complete with drywall, cable and internet wiring, plumbing for a sink, and a dedicated mini water heater. The home is equipped with two A/C units (approximately six years old), two furnaces, and a fireplace, all professionally serviced on a regular basis. Enjoy your own front-yard oasis with a heated, jetted pool (3–7 feet deep) featuring a cover and a new pool pump, plus a 3-year-old hot tub. The pool is heated by its own 500-gallon leased propane tank. Additional features include an 800 gallon well producing approximately 11 GPM, a backup fire department well, 1,000-gallon owned propane tank, whole-house Generac generator with transferable warranty, and new septic leach lines. On the opposite side of the white fence is an additional portion of the property with its own driveway (shared with the neighboring parcel). Already improved with two full RV hookups featuring 100-amp electrical service, water, and sewer, this area presents exceptional potential for RV rental income, a future second residence (buyer to verify with the county), or the creation of a private family compound. This rare Santa Margarita property combines privacy, versatility, and income potential just minutes from town, with endless opportunities to make it your own.

6395 Parkhill Road, Santa Margarita

$199,999

2 Beds ⋅ 1 Baths ⋅ SC26108099 MLS ⋅ Active Status

Why rent when you can own?! Escape the noise and congestion without giving up the convenience of everyday living. Situated on 5 peaceful acres, this beautiful property offers exceptional privacy, wide-open skies, and virtually no traffic noise. The expansive land provides plenty of room for horses, farm animals, hobbies and outdoor activities, along with ample parking for RV"s, travel trailers, oversized vehicles, and more. At night, enjoy breathtaking views of the stars and the spectacular Milky Way. The surrounding hills create scenic and peaceful drive home, changing beautifully with the seasons-lush and green in winter, covered with colorful wildflowers in spring, golden in summer, and often glowing with stunning colors at sunrise and sunset. This peaceful home offers the perfect setting to enjoy the beauty and tranquility of country living while remaining within convenient reach of everyday amenities. The home features 2 bedroom 1 bathroom, providing comfortable and inviting space for relaxation and make your own. Whether you are looking for your first home or a place to enjoy wide-open space and natural beauty, this property offer's a unique opportunity to own a piece of California's beautiful countryside!

13470 De Sabla, Santa Margarita

$274,900

3 Beds ⋅ 4 Baths ⋅ MB26100169 MLS ⋅ Active Status

Attention!! FINANCING AVAILABLE BE CREATIVE all Investors, Builders, or anyone looking to make some profit in this opportunity. Here is your chance to build your dream ranch style home, this is what you have been waiting for. YOU CAN HAVE SOME HORSES, CHICKENS, AND MORE. This property is almost ready to be finished and occupied. Property is under construction but very close from being finished. Seller is very motivated!! Financing Available with good terms and down payment.

14555 Bellflower, Santa Margarita

$154,800

2 Beds ⋅ 1 Baths ⋅ MB26099130 MLS ⋅ Active Status

**There is no water pump on the property but they are getting water from the community services for free** Attention all future rancheros searching for a ranch, this is it! This is a very quiet area and desirable to have horses, chickens, goats, and more in the beautiful Valley of Santa Margarita Area. **Buyer(s) to be aware Well is currently non-functional and requires replacement/repair. Property is being sold “As-Is” but is in Move In Condition.**

14355 Bella, Santa Margarita

$865,000

2 Beds ⋅ 2 Baths ⋅ NS26071383 MLS ⋅ Active Status

Set on 10 scenic, usable acres in Santa Margarita, this storybook country homestead offers a rare blend of charm, functionality, and flexibility. Tucked into a peaceful setting with rolling hills and open skies, it invites a slower pace of living while remaining only about a 30-minute drive from town. The spacious 1,321± sq ft one-bedroom, one-bath main residence was originally designed as a two-bedroom home and is filled with natural light, thanks to vaulted ceilings and dormer windows. A fully enclosed front sunroom adds valuable flex space with beautiful views across the property, making it an ideal home office, reading room, artist's studio, or potential guest space. At the heart of the home, the living room is anchored by a striking wood-burning fireplace with a handcrafted mantle made from a reclaimed beam dating back to an 1853 Pennsylvania barn. The open-concept layout flows seamlessly into the dining area and kitchen, featuring a breakfast bar, center island with cooktop and prep sink, wine refrigerator, and updated backsplash. The spacious primary suite offers a walk-in closet and an oversized bath with a soaking tub, walk-in shower, dual pedestal sinks, and its own separate entrance for guests. Just outside, a covered deck and fenced courtyard provide a peaceful outdoor retreat, while a covered entertaining area with soaring ceilings and an outdoor fireplace creates the perfect setting for gatherings and sunset evenings. Above the detached two-car garage, a 515± sq ft treehouse-like studio with two separate entrances and a 3/4 bath offers exceptional flexibility for guests, extended family, rental income, or a creative workspace. The garage also includes a workshop and additional storage. The fully usable acreage is ideal for horses, farm animals, gardens, or simply enjoying wide-open space. With a producing well, 2 water storage tanks, an ozone water treatment system, and 29 solar panels paired with five Briggs & Stratton batteries, the property is well equipped for sustainable living with strong off-grid potential. The separate parcel across the road also offers the potential to build a second home (buyer to verify), creating an opportunity for future expansion or investment. Peaceful, private, and full of character, this Santa Margarita homestead offers the perfect balance of country living, versatility, and modern self-sufficiency while remaining only about a 30-minute drive from town.

1350 Parkhill, Santa Margarita

$849,000

3 Beds ⋅ 2 Baths ⋅ NS24168349 MLS ⋅ Active Under Contract Status

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.

4555 Las Pilitas Road, Santa Margarita

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.