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Santa Margarita, CA

$1,225,000

4750 Santa Margarita Lake, Santa Margarita, CA
7
Beds
5
Baths
2,857
Sq Ft
1965
Built
1
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
7
Bathrooms
5 full
Living area
2,857 sq ft
Interior features
Eat In Kitchen, Tile Counters, All Bedrooms Down, Bedroom On Main Level
Appliances
Double Oven, Dishwasher, Electric Oven, Electric Range, Propane Range, Water Softener
Flooring
Laminate
Fireplace
Insert, Wood Burning, Wood Burning Stove
Heating
Forced Air, Wood Stove
Cooling
Electric
Laundry
Inside, In Garage
Levels
One
Spa
None
Exterior & lot
Lot size
15.2 acres (662,112 sq ft)
Pool
None
View
Hills
Architectural style
Ranch
Year built
1965
Parking
Attached Carport, Driveway Level, Garage
Parking spaces
4
Community
Area
SMRG - Santa Margarita
County
San Luis Obispo
Community features
Fishing, Hiking, Horse Trails, Lake
Listing details
Status
Active
Property type
Single Family Residence
Days on market
1
Listed
2026-07-17
Terms
Cash, Cash To New Loan, Conventional, Exchange 1031
Parcel #
070391021
MLS #
SC26152585
Listed by
Tessa Hagwood · Century 21 Masters

Location

Price history

Listed
$1,225,000 · 2026-07-17
Days on market
1
Current price
$1,225,000
Financing

Could this home be yours?

Estimated monthly payment
$7,685
$6,194 principal & interest · $1,490 taxes & insurance
$245,000
Estimate only
Loan $980,000

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Estimated value range nearby
$1,464,664$1,719,388

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Listing data provided by CRMLS

Listing courtesy of Century 21 Masters. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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