Smrg - Santa Margarita Homes under $1 million

Smrg - Santa Margarita Homes under $1 million

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Newest Smrg - Santa Margarita Homes under $1 million

22817 I, Santa Margarita
$749,900
5 Beds ⋅ 4 Baths ⋅ CRNS26217018 MLS
Rare Santa Margarita Opportunity-Two Homes on One Acre. Rarely does an opportunity like this come to market! This versatile property features two separate homes, offering an exceptional combination of rental income, multi-generational living, guest accommodations, or future investment potential. The main residence offers 3 bedrooms and 2 bathrooms across approximately 1,080+/- square feet and plenty of usable outdoor space. Raised garden beds, a large storage shed, carport for covered parking, and a cute front deck are just a few perks of this home. A separate 1-bedroom plus office, 2-bath 804+/- square foot guest home with a charming covered porch and a detached two-car garage provides additional flexibility and opportunity. Both residences are currently tenant occupied, generating a combined $2,375 per month in rental income ($1,350/month for the main home and $1,025/month for the guest home) and boast separately metered utilities, providing immediate income for an investor while preserving the potential to enhance the property's value over time. The approximately one-acre setting offers room to spread out, with potential space for horses and other rural lifestyle uses. Enjoy the charm and community of Santa Margarita while remaining conveniently located near San Luis Obispo,

22817 I, Santa Margarita

Listed by Jessica Baker, 805-610-3586 from Oaks to Ocean Real Estate
(If provided) CoList: Summer Ramos from Oaks to Ocean Real Estate

22815 I, Santa Margarita
$699,900
3 Beds ⋅ 2 Baths ⋅ CRNS26216088 MLS
Private Acreage Living with Sweeping Santa Margarita Ranch Views. Set on approximately one acre and tucked away on a desirable flag lot, this spacious 3-bedroom, 2-bath home offers the perfect blend of privacy, comfort, and breathtaking views. From the moment you step inside, the open and inviting floor plan draws you toward the spectacular scenery beyond. The living room takes full advantage of the setting, while the covered back porch and a patio provide the perfect place to enjoy your morning coffee, unwind after a long day, or entertain. The desirable split-wing floor plan offers privacy and functionality, with the primary suite thoughtfully separated from the additional bedrooms. The spacious primary retreat features a huge walk-in closet, providing an abundance of storage and everyday convenience. Outside, the possibilities are endless. With approximately an acre of land, there is plenty of room to enjoy the peaceful surroundings, create outdoor living spaces, garden, entertain, or work from home with 5 garage/carport structures. The 2 car garage nearest the home measures 24'x25' while across the driveway is a metal garage that's 22'x30' long next to a stick built garage that's 24'x24'. The two sizable carports are 20'x20' and 18' x 26' deep. This place is calling your nam

22815 I, Santa Margarita

Listed by Jessica Baker, 805-610-3586 from Oaks to Ocean Real Estate
(If provided) CoList: Summer Ramos from Oaks to Ocean Real Estate

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board logoThe data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate: BEST LIFE are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including 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.


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