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Additional details
Listed by Brooke Sutton • Richardson Sotheby's International Realty
$2,000,000
Est. payment /mo
3 Beds
2 Baths
2,368 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $844
MLS Listing ID PI-25273543
Style Ranch
Bedrooms 3
Full Baths 2
Year Built 1952
Lot Size 8.060 Acres
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
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.
Location
State CA
County San Luis Obispo
Area Smrg - Santa Margarita
Zoning RS
Interior
Interior Features Ceiling Fan(s)
Cooling See Remarks
Flooring Carpet, See Remarks
Fireplaces Type Living Room
Laundry See Remarks
Exterior
Garage Spaces 2.0
Pool Private
Community Features Preserve/Public Land
View Y/N Yes
View Hills, Mountain(s), Panoramic
Building
Lot Description 6-10 Units/Acre
Sewer Conventional Septic
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