Santa Margarita (SMRG) Homes for Sale

Welcome to Santa Margarita, California, a hidden gem nestled in the heart of San Luis Obispo County. This charming community offers a unique blend of serene rural living and easy access to the vibrant coastal lifestyle that California is known for. With rolling hills, picturesque landscapes, and a close-knit community, Santa Margarita is an ideal place for those seeking tranquility away from the hustle and bustle of city life.

Santa Margarita is surrounded by stunning natural beauty, including the nearby Los Padres National Forest and the enchanting Salinas River. Outdoor enthusiasts will delight in the myriad of recreational activities available, from hiking and biking to fishing and horseback riding. The area's rich history is reflected in its quaint downtown, where you can find local shops, delightful eateries, and friendly faces that make you feel right at home.

For those looking to plant roots in this idyllic setting, there are a variety of homes for sale that cater to different lifestyles and budgets. Whether you’re searching for a cozy cottage, a spacious family home, or a sprawling ranch, Santa Margarita has something for everyone. Many properties boast breathtaking views, ample outdoor space, and the charm of rustic architecture, perfect for enjoying the California sunshine.

With its welcoming atmosphere, stunning scenery, and diverse real estate options, Santa Margarita is not just a place to live; it’s a place to thrive. Come discover your dream home in this enchanting community, where every day feels like a getaway!

Newest Santa Margarita (SMRG) Homes for Sale

$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

$715,000

3 Beds ⋅ 3 Baths ⋅ NS26190196 MLS ⋅ Active Status

Discover peaceful living on this expansive 29-acre property with stunning views overlooking Santa Margarita and Pozo. The nearly 2,180 sqft home features three bedrooms and three bathrooms, including two en-suites ideal for guests or flexible living arrangements, plus a dedicated office space. Beyond the main home is a substantial 1,000-square-foot, two-bay workshop that provides ample room for projects, equipment, or automotive storage. A dedicated garden that is fenced to protect it from the ample wildlife is just beyond the shop. Practicality meets reliability with a private well supported by a newly installed 2,500-gallon storage tank, while a secondary driveway off Parkhill Road offers convenient, multi-point access to the acreage. At the property’s highest point is the “lookout”, nearly ¾ of an acre of usable ground, delivering unparalleled 360-degree views of the surrounding landscape. Whether you are seeking a peaceful sanctuary or a versatile property for your hobbies, this property represents a rare opportunity to own a piece of California’s serene countryside.

3395 Parkhill Road, Santa Margarita

$1,200,000

2 Beds ⋅ 2 Baths ⋅ SR26190614 MLS ⋅ Active Status

Attention ranchers, land investors and hobby farmers - Potential for seller carryback OR Buy with as little as 5% DOWN. Are you looking for an incredible value in today’s tough real estate market? This stunning 180 acres ranch located in San Luis Obispo county is now available and ready to meet its new owner. Delightful property features an interior with Southwest style appointments including open floor plan, stained harlequin concrete flooring, rich natural hardwood cabinetry, granite counters, wood burning fireplace, and high ceilings with skylights. Guest bedroom features a loft. Exterior features four seasons wrap around porch allowing for spectacular views of the mountains and prairies. Charming walkway leads you to the expansive planetary patio. Bring your telescope and come check out the moon, stars and constellations in the night sky. This covered yet open outdoor space is perfect for hosting events entertaining guests year round and has a wood-beamed ceiling, built-in bar-b-que and pizza oven. Endless views as far as the eyes can see. Picturesque stretch of the Cuyama River forms the property's southeastern border. Riparian rights to be verified by buyer. Property is primarily flat and may be perfect for cattle and sheep grazing, horses and recreational activities and events.Potential as a hunting lodge. Owner has a written appraisal report reflecting a value of 1.7 M. Per seller there are seven ( yes 7 ) wells are located on the property including both domestic and agricultural. Outbuildings include a newer metal garage / workshop for storage. PRIVATE, GATED, FENCED. OTHER FEATURES: Reverse Osmosis System, Dual Panned Windows and Home Alarm System. Large Oversized Dual Garage with vast storage space. EXPANDABLE PROPERTY. FINANCING AVAILABLE. USDA LOAN AVAILABLE. YES you can homestead in San Luis Obispo County ! This propertyy may be perfect for you!

13750 Cuyama Highway, Santa Margarita

$469,000

3 Beds ⋅ 1 Baths ⋅ NS26159158 MLS ⋅ Active Status

Fixer-upper opportunity on approximately half an acre near downtown Santa Margarita. This small-town property is about 10 minutes from San Luis Obispo, shopping, dining, Cal Poly, and Highway 101. Bring your vision, creativity, and renovation plans—this home requires substantial work and is offered strictly as-is. An ideal project for buyers prepared to undertake a major renovation and create something of their own.

22070 W Pozo, Santa Margarita

$999,000

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. 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 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

$1,500,000

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

$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.