22937 I ST
Santa Margarita, CA, 93453
$2,000,000
3 Beds
2 Baths
2,368 SqFt
8.06 Acres
Add
MLS #PI25273543 image #0
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.

Property Details

Price:
$2,000,000
MLS #:
PI25273543
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Santa Margarita In Town70
Neighborhood:
smrgsantamargarita
Listed Date:
Jan 5, 2026
Finished Sq Ft:
2,368
Lot Size:
351,094 sqft / 8.06 acres (approx)
Year Built:
1952
RanchPoolSmrg – Santa MargaritaSmrgsantamargaritaSanta Margarita In Town70Atascadero UnifiedPanoramic

Ask a Question

See this Listing

Send
  

Schools

School District:
Atascadero Unified

Interior

Appliances
MW, GO
Bathrooms
2 Full Bathrooms
Cooling
SEE
Flooring
SEE, CARP
Laundry Features
SEE

Exterior

Architectural Style
RAN
Community Features
PSV
Construction Materials
WOD
Other Structures
SBL, BA
Parking Spots
2

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Santa Margarita as of Mar 11, 2026
10
Single Family Listed
167
Avg DOM
550
Avg $ / SqFt
$1,170,390
Avg List Price

Property Summary

    Located in the Santa Margarita In Town(70) subdivision, 22937 I ST Santa Margarita CA is a Single Family for sale in Santa Margarita, CA, 93453. It is listed for $2,000,000 and features 3 beds, 2 baths, and has approximately 2,368 square feet of living space, and was originally constructed in 1952. The current price per square foot is $845. The average price per square foot for Single Family listings in Santa Margarita is $550. The average listing price for Single Family in Santa Margarita is $1,170,390.

Similar Listings Nearby

22937 I ST
Santa Margarita, CA