Santa Margarita Homes under $350,000

Welcome to Santa Margarita, California – a hidden gem nestled in the heart of San Luis Obispo County. This charming town, steeped in rich history and surrounded by stunning natural landscapes, offers a unique blend of rustic charm and modern convenience. Known for its friendly community, Santa Margarita is a place where neighbors become friends and the pace of life is refreshingly relaxed.

One of the most appealing aspects of Santa Margarita is its affordability in the housing market. With homes available for under $350,000, this area presents an incredible opportunity for first-time homebuyers, retirees, or anyone looking to invest in a peaceful lifestyle without breaking the bank. Imagine owning a quaint cottage surrounded by rolling hills, vineyards, and picturesque landscapes, all while being just a short drive from the bustling life of San Luis Obispo.

Santa Margarita is not only about the homes; it’s about the lifestyle. The town is known for its vibrant community events, local farmers' market, and outdoor recreational activities. Enjoy hiking the scenic trails, exploring nearby Lake Santa Margarita, or savoring local wines at the nearby vineyards. The town’s rich agricultural roots are reflected in its delicious farm-to-table dining options, making every meal a celebration of local flavors.

Whether you’re seeking a serene retreat or a community-oriented lifestyle, Santa Margarita offers the perfect blend of affordability and charm. Discover your dream home in this enchanting town, where the beauty of California’s Central Coast meets the warmth of a welcoming community.

Newest Santa Margarita Homes under $350,000

$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

$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

$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

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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.