- 3 Beds
- 2 Baths
- 2,368 Sqft
- 8.06 Acres
22937 I Street
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.
Essential Information
- MLS® #PI25273543
- Price$2,000,000
- Bedrooms3
- Bathrooms2.00
- Full Baths2
- Square Footage2,368
- Acres8.06
- Year Built1952
- TypeResidential
- Sub-TypeSingle Family Residence
- StyleRanch
- StatusActive
Community Information
- Address22937 I Street
- AreaSMRG - Santa Margarita
- SubdivisionSanta Margarita In Town(70)
- CitySanta Margarita
- CountySan Luis Obispo
- Zip Code93453
Amenities
- Parking Spaces2
- ParkingDoor-Multi, Garage
- # of Garages2
- GaragesDoor-Multi, Garage
- ViewHills, Mountain(s), Panoramic
- Has PoolYes
- PoolPrivate
Interior
- InteriorCarpet, See Remarks
- AppliancesGas Oven, Microwave
- CoolingSee Remarks
- FireplaceYes
- FireplacesLiving Room
- # of Stories1
- StoriesOne
Interior Features
Ceiling Fan(s), Separate/Formal Dining Room, All Bedrooms Down, Main Level Primary
Exterior
- ExteriorWood Siding
- Lot DescriptionSixToTenUnitsAcre
- ConstructionWood Siding
- FoundationSlab
School Information
- DistrictAtascadero Unified
Additional Information
- Date ListedJanuary 5th, 2026
- Days on Market73
- ZoningRS
Listing Details
- AgentBrooke Sutton
Office
Richardson Sotheby's International Realty
Brooke Sutton, Richardson Sotheby's International Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of March 19th, 2026 at 8:21am PDT. 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.