Property Attributes
- MLS#NS26176645
- TypeSingle Family
- Listing Status Pending
- CountySan Luis Obispo
- CitySanta Margarita
- Area Santa Margarita
- NeighborhoodSanta Margarita Rural(80)
- Zip93453
- Style
- Year Built1960
- Price$ 425,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1654
- Lot Size38.54 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Some properties whisper "move-in ready." This one hollers "bring a truck, a plan, and a sense of humor" — and if it feels like you've seen it before, that's just the déjà vu talking. Tucked into the hills of rural Santa Margarita, this ±38.54-acre parcel is a rancher's, builder's, or dreamer's blank canvas. Two wells and two — possibly three — ponds mean water appears to be on your side (we don't really know the water situation), a rarity worth its weight in gold out here. The land carries a main house (currently not habitable — this is a project, not a punch list), a shop building for the tools and toys, a library/office space that hints at a former life of quiet afternoons, and an unpermitted apartment that adds bonus square footage and bonus paperwork in equal measure. This is a court-ordered sale, offered strictly as-is, where-is. The seller and agents are working with limited knowledge of the property's history and condition — no inspection reports are available, and any the buyer wants will be entirely their own to order, at their own expense. What you see (and what you don't yet know) is genuinely what you get. A few ground rules before you go wandering: this is emphatically not a drive-by. No one may enter the property at any time without first signing a release of liability — no exceptions, no peeking over the fence. And depending on the season, the road in can get rugged enough that a 4-wheel-drive vehicle isn't a suggestion, it's a requirement. If you've been waiting for a property that rewards patience, sweat equity, and a good set of tires, this is it. Showings scheduled only after the waiver is signed and received by the listing agent. Ask your agent to review the additional terms and conditions in the agent remarks prior to requesting to visit the property.
| Price History | |
|---|---|
| 8/13/2026 | Listed $425,000 |
General Features
| Living Area | 1654 |
|---|---|
| Sewer | Unknown |
| Cooling | See Remarks |
| Pool Features | None |
| Year Built | 1960 |
| View | Pasture |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Community Features | Rural |
| County | San Luis Obispo |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Contingency | Court Confirmation Required |
| Subdivision Name | Santa Margarita Rural(80) |
| Garage Y/N | false |
| Special Listing Conditions | Third Party Approval |
| Status | Pending |
| Directions | No a driveby- please call for an appointment to view |
| City | Santa Margarita |
| Entry Location | ground |
| Senior Community Y/N | false |
| High School District | Atascadero Unified |
| Number Of Units Total | 1 |
| MLS Area | SMRG - Santa Margarita |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 1678802 |
| Listing Terms | Cash |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | false |
| Structure Type | House |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Vacant |
| Year Built Source | Assessor |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | SANTA MARGARITA |
Interior Features
| Interior Amenities | All Bedrooms Down |
|---|---|
| Fireplace Features | Living Room |
| Total Stories | 1 |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Fireplace Y/N | true |
| Laundry Features | Inside |
| Total Bedrooms | 2 |
| Entry Level | 1 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| LivingAreaSource | Assessor |
Exterior Features
| Lot Features | Agricultural |
|---|---|
| Water Source | Well |
| Lot Size Area | 1678802 |
| Lot Size Acres | 38.54 |
| Private Pool | false |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from California Regional Multiple Listing Service, Inc. as of September 14, 2026 5:57 AM UTC 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.