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.
MLS #
CRPI25273543
MLS Source
California Regional MLS
Days on Site
3
Bedrooms
Ground Floor Bedroom
Appliances
Microwave, Oven - Gas
Dining Room
Formal Dining Room
Family Room
Other
Fireplace
Living Room
Flooring
Other
Cooling
Ceiling Fan, Other
Foundation
Slab
Pool
Pool - Yes
Style
Ranch
Garage/Parking
Attached Garage, Garage: 2 Car(s)
Elementary District
Atascadero Unified
High School District
Atascadero Unified
Sewer
Septic Tank
Water
Other
HOA Fee
$0
Zoning
RS
Listing Agent
Brooke Sutton
Richardson Sotheby's International Realty
License #: 01411266
Phone: (805) 781-6040
Co-Listing Agent
Chris Richardson
Richardson Sotheby's International Realty
License #: 01200458
Phone: –
22937 I St is a Single Family Residence in Santa Margarita, CA 93453. This 2,368 square foot property sits on a 8.06 Acres Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $2,000,000 and was built in 1952. This address can also be written as 22937 I St, Santa Margarita, CA 93453.
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This listing information is up-to-date as of January 08, 2026. For the most current information, please contact Brooke Sutton, (805) 781-6040