Santa Margarita (SMRG) Homes for Sale

Santa Margarita (SMRG) Homes for Sale

Welcome to Santa Margarita, California – a hidden gem nestled in the heart of San Luis Obispo County. Known for its stunning natural beauty and a warm, welcoming community, Santa Margarita offers a unique blend of rural charm and modern convenience. Surrounded by rolling hills, vineyards, and picturesque landscapes, this quaint town is the perfect escape for those seeking tranquility while still being just a short drive from the vibrant city life of San Luis Obispo.

Santa Margarita is renowned for its outdoor recreational opportunities, with nearby hiking trails, horseback riding, and the scenic Santa Margarita Lake, where residents can enjoy fishing, boating, and picnicking. The town itself boasts a rich history, evident in its charming architecture and friendly, tight-knit community. From local farmers' markets to annual festivals, there’s always something happening in this vibrant community.

For those considering a move, the homes for sale in Santa Margarita offer a diverse range of options, from cozy cottages to sprawling ranch-style properties. Many of these homes are situated on spacious lots, providing ample room for gardening, outdoor activities, or simply enjoying the serene surroundings. With a focus on sustainable living, many properties also feature eco-friendly designs and energy-efficient amenities.

Whether you’re looking to escape the hustle and bustle of city life or seeking a peaceful place to raise a family, Santa Margarita has something for everyone. Discover the charm of this enchanting town and explore the available homes for sale – your dream home in Santa Margarita awaits!

Newest Santa Margarita (SMRG) Homes for Sale

$495,500
3 Beds ⋅ 1 Baths ⋅ NS26159158 MLS ⋅ Active Status
The ultimate fixer-upper opportunity near downtown Santa Margarita! Enjoy the peaceful small-town setting while being approximately 10 minutes to San Luis Obispo, with convenient access to shopping, dining, Cal Poly, and Highway 101. Offered as-is, this property provides a blank canvas ready for your vision and renovation. A lot line adjustment is currently in process, subject to approval by the County of San Luis Obispo. The front vacant parcel is also available for purchase, offering additional possibilities for expansion or future development.

22070 W Pozo, Santa Margarita
$780,000
3 Beds ⋅ 2 Baths ⋅ SC26153934 MLS ⋅ Active Status
Don't miss this rarely available single-level home on an over 7400 square foot parcel in the small, close-knit community of Santa Margarita. Known for its quiet rural vibe, while being just minutes to hiking trails, the reservoir, and an easy drive to Paso Robles wine country, San Luis Obispo and Highway 101 for coastal commutes. Santa Margarita’s historic and charming downtown boasts cafe’s, restaurants and wine tasting rooms along with a general store/post office and local businesses. When you arrive at 22450 I Street you’re greeted by a beautifully manicured front yard. You’re welcomed into a bright light filled living room that flows open-concept to a stunning kitchen. The kitchen features a large eat-at island bar, an abundant amount of modern white cabinetry, gorgeous stone countertops, a striking tile backsplash, stainless steel gas range, dishwasher and refrigerator, plus a convenient pot filler — all designed for everyday living and effortless entertaining. This home offers 3 spacious bedrooms and 2 bathrooms. Two guest bedrooms and guest bathroom are located together on one side of the house, while the primary suite sits on the opposite side for added privacy. The primary includes a walk-through closet leading to a beautiful ensuite bathroom with a large shower and convenient door access to the stackable washer and dryer. Rounding out the interior, a built-in office nook adds a practical workspace. Wood flooring runs through the living spaces, with durable tile in the bathrooms. Double slider doors off the kitchen fully open up to an amazing backyard where so many areas come together to create the ultimate outdoor oasis. With a huge covered deck for year-round gatherings, built in gas firepit, large grass area, raised garden beds along with fruiting plum and apricot trees, this space is ready for immediate enjoyment. The back of the property is perfectly set up for a recreational vehicle with alleyway entry through the rolling gates and electrical and water hook-ups and the C-Train provides an excellent option for all your storage needs. Combining peaceful rural character with immediate proximity to dining, recreation and regional conveniences, 22450 I St delivers the ideal Central Coast lifestyle. Don’t hesitate on this property- contact your professional real estate advisor to learn more about this property and to schedule your private tour.

22450 I Street, Santa Margarita
$1,225,000
7 Beds ⋅ 5 Baths ⋅ SC26152585 MLS ⋅ Active Status
Welcome to 4754, 4756, and 4750 Santa Margarita Lake Road. This 15 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.

4750 Santa Margarita Lake, Santa Margarita
$1,089,000
4 Beds ⋅ 3 Baths ⋅ NS26109447 MLS ⋅ Active Status
Custom built single level home with 4 bedrooms, 3 bathrooms, living room, family room and oversized attached 3 car garage. Enjoy 16 foot ceilings, extra insulation, and hard wood doors. The kitchen has a double convection oven and the stove top has 5 gas burners. The cabinets are alder with a cherry wood finish. Glass front cabinets let you showcase your favorite glassware. Kitchen counter tops are Royal Stone, and floors are slate in the family room, hall and bathrooms. The bedrooms and living room have carpet. Two of the bathrooms have dual sinks. The wood burning fireplace is raised up a couple feet, and is the focal point in the family room/kitchen. It is really all you need to keep the house warm in the winter. There is a two sided gas fireplace in the master bedroom, with one side open to the master bathroom garden tub. The master bathroom has tile and a walk in shower. This area of Santa Margarita gets more rain, and occasional snow. There is meadow over the hill that is magical. Enjoy wild animals, peace, quiet and open spaces. Located only 16 miles from downtown on 10 acres in Santa Margarita, zoned for two homes of any size, 80% of land is completely level, perfect for horses, and animals. Surrounded by beautiful forest, mountain views, seasonal creek and seasonal pond. The property has a beautiful 1936 restored windmill, and it is 3/4 fenced with a solar powered gate. Santa Margarita Lake access trails are nearby. There are hiking trails, and lots of USA land available to explore. Santa Margarita has a popular elementary school. Experience a strong community feel with a 4th of July parade, cruise nights, and a popular community park that has community potlucks, movies, and music. There is a winery nearby that has a popular food truck, and great restaurants in town.

1575 Parkhill Road, 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
$875,000
2 Beds ⋅ 2 Baths ⋅ NS26071383 MLS ⋅ Active Under Contract 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
$1,450,000
6 Beds ⋅ 4 Baths ⋅ SC26028672 MLS ⋅ Active Status
Nestled on an expansive 45-acre property, this unique real estate opportunity offers the perfect blend of space, functionality, and rural charm. Featuring two separate homes, 3155 Parkhill rd main house is 4 bedrooms and 2.5 bathrooms, 3151 Parkhill Rd guest house is 2 bedrooms and 1.5 bathrooms, the property is ideal for multi-generational living, rental income, or a private guest retreat. The land itself provides plenty of room to roam, whether you're looking to enjoy wide-open views, start a small agricultural venture, or simply embrace a quieter lifestyle surrounded by nature. A standout feature of the property is the 40X60 workshop, fully equipped with 220-volt power and water. This versatile space is perfect for a variety of uses, whether you're a craftsman, mechanic, hobbyist, or business owner needing a large, well-equipped workspace. With its combination of residential flexibility, substantial acreage, and high-capacity workshop, this property offers endless potential for both personal enjoyment and practical use.

3151 Parkhill, Santa Margarita
$2,395,000
7 Beds ⋅ 5 Baths ⋅ PI26061201 MLS ⋅ Active Status
Private Central Coast Ranch – 41 Acres with 3 Residences Just 3.5 miles from Santa Margarita along scenic Pozo Road, this 41-acre ranch offers unmatched privacy, sweeping vineyard and mountain views, and endless possibilities. The 2,128 sq. ft. main residence features reclaimed barn wood accents, a commercial-grade kitchen, large dining and living areas, two private suites, a loft, and an upper-level spacious workshop with a deck. The guest house includes three modern light-filled suites, a living area with private outdoor access, perfect for vacation rentals. Outdoor amenities include a heated saltwater pool and spa, fire pit, patios, gardens, a Zen garden, pond, hiking trails, and mature landscaping. Utilities are self-sufficient with a natural spring, well, water storage, and two septic systems. Upgraded electrical, high-speed WiFi, and fire safety features—non-combustible siding, fire-resistant windows, sprinklers—ensure modern comfort and peace of mind. An exceptional offering presenting the rare chance to establish a private retreat, family compound, or revenue-generating investment in the heart of the Central Coast, featuring an existing bed-and-breakfast license.

6790 W Pozo, Santa Margarita
$1,500,000
3 Beds ⋅ 2 Baths ⋅ NS26047139 MLS ⋅ Active Status
Beautiful Pozo area. This private, gated property totals approximately 320 acres with 4 separate APN's. There is a variety of wildlife with deer, quail, turkey, and more. The ground is level to sloping to rugged with a variety of native plants, oaks and pine trees. The house is very comfortable with a wood burning stove. It includes a large office/library that has potential to become a family/game room, or a separate living area for extended family, it has a bathroom. There is a large pantry, and laundry room. Relax and entertain on the wrap around deck. Also near the main house is a potential bunkhouse. There is a 40x60 newer workshop with roll up doors, plus a second large shop/house that has a full bathroom, and is drywalled. There is a four stall barn, with a fenced in coral. This is a horse back riding paradise that includes River Rd that has horse access to Santa Margarita Lake. There is also a fenced in area that could hold 4 H animals or a garden. There are miles of quad/motorcycle fire roads for outdoor fun. Enjoy ponds, caves and seasonal creeks. A great property for the outdoor enthusiast, or someone that wants a private location. Close to the trail that leads to Santa Margarita Lake perfect for horse back riding, hiking or walking! There are 3 wells and 3 water tanks. There is also single car metal garage near the main house. This could be a multi family property. There is a fifth wheel with full hook ups, plus 2 more spots for RV's with hookups. There are several APN's 071-201-012, 071-201-046, 071-201-047, 071-051-010. Appointment only.

1535 Parkhill Road, Santa Margarita
$2,000,000
3 Beds ⋅ 2 Baths ⋅ PI25273543 MLS ⋅ Active Under Contract Status
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 approximately 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.

22937 I Street, 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.