luxury real estate for sale Santa Margarita, United States

Move-in ready Villas at Dove Creek residence in desirable South Atascadero. Offering a low-maintenance lifestyle with convenient access to downtown Atascadero’s breweries and eateries just 10 minutes away, and a short 15-minute commute to San Luis Obispo. Offering approximately 1,733 square feet of living space, this thoughtfully designed floor plan includes three spacious bedrooms and two and one-half bathrooms. As you approach the residence, you’re welcomed by a lush lawn, a shady tree, and a relaxing front porch. Inside, high ceilings, luxury vinyl plank flooring, and abundant natural light create a warm and inviting atmosphere. The living room, highlighted by a stylish rattan fandelier, is a comfortable space for unwinding after a day exploring the Three Bridges Oak Preserve or enjoying summer concerts in the Sunken Gardens. Adjacent to the dining room—ideal for gathering with friends—the kitchen features Corian countertops, fresh white cabinetry, a well-equipped appliance package including a new refrigerator, and a pantry—perfect for preparing meals with fresh produce from local farmers’ markets. The private primary suite offers a walk-in closet and a luxurious en-suite bath with a separate shower, soaking tub, dual-sink vanity, and a private water closet. Two secondary bedrooms—ideal for guests, a home office, or hobby space—share a stylishly appointed full bathroom with dual sinks. The rear yard is designed for relaxation and entertaining, featuring a lush lawn, citrus trees, fig tree, apple tree, blackberries, raspberries, grapes, and fragrant jasmine—perfect for enjoying beautiful Central Coast evenings or hosting weekend BBQs. Additional highlights include a laundry room with upper storage cabinets and an included washer and dryer, air conditioning, window coverings, as well as a two-car garage with ample space for mountain bikes, surfboards, or a home fitness area. Residents of Villas at Dove Creek enjoy access to scenic walking and biking trails and a community park, enhancing the ease and enjoyment of Central Coast living.

Come take a look! Yes, check out this 3-bedroom, 2-bathroom newer model 2021 manufactured home in the well-established 55+Rancho Del Bordo Mobile Home Estates. The park is beautifully maintained and beautifully landscaped. Features include a community clubhouse, pool, spa, library, pool tables, sauna, and more. An attached carport offers both stairs and a ramp for easy access to the back entrance, which opens into a convenient indoor laundry room. There is also a storage shed. Space rent includes water, trash, and sewer services. Conveniently located in the vibrant community of Atascadero, you’ll enjoy nearby wine tasting, golf, shopping, hiking, parks, concerts, and quick access to the coast and San Luis Obispo.

Opportunity Knocks in Central Atascadero! Set on a rare, flat half-acre lot, this move-in-ready home offers comfort today and exciting potential for tomorrow. Surrounded by properties with 2 to 4 units, this parcel presents an outstanding development opportunity for investors, builders, and buyers looking to add long-term value. Parcels of this size in such a convenient location are increasingly hard to find, making this a truly special offering. The home has been thoughtfully cared for and shows beautifully. It's freshly painted inside and out, spotlessly clean, and topped with a newer roof, so you can move right in with peace of mind. Pride of ownership is evident the moment you step through the front door. Stay comfortable year-round with a newer HVAC system that is oversized for the home, delivering powerful heating and cooling in every season. A thermostatically controlled whole-house fan adds another layer of efficiency, pulling in cool evening air and helping keep energy costs down on warm Central Coast days. Outside, the possibilities are endless. A paved wraparound driveway provides abundant parking for multiple vehicles, RVs, boats, trailers, or work equipment, with easy access around the property. The entire lot is fully fenced, offering privacy, security, and plenty of room for pets, gardens, play areas, or outdoor entertaining. Picture summer barbecues and quiet evenings under open skies. The detached garage is a true standout. Insulated, freshly drywalled, and equipped with both water and 220V power, it's ready to serve as a workshop, art studio, home gym, hobby space, or secure storage. Contractors, mechanics, and makers will appreciate the flexibility this space provides. Location is everything, and this one delivers. You're just minutes from schools, shopping, dining, and public transportation, with quick access to both Highway 101 and Highway 41 for a smooth commute north, south, east, or toward the coast. Enjoy the relaxed pace of Atascadero living while staying connected to everything the Central Coast has to offer. Whether you're searching for a well-kept home with room to grow, a smart investment with upside, or both, this property checks every box. Live in it, rent it, or plan for what comes next. Opportunities like this don't come along often, so schedule your private showing today and see all the potential for yourself!

It’s hard to get much closer to Cal Poly than this. Located directly adjacent to campus, this approximately 3,200 square foot custom home offers an incredible combination of space, flexibility, parking, and location in the heart of San Luis Obispo. Owned by the original owners since it was built, the home features soaring ceilings, an abundance of natural light, hardwood floors, a fireplace, and a layout that opens to multiple decks and outdoor living areas. Surrounded by mature trees, the property feels surprisingly private given its proximity to campus. Enjoy views of Bishop Peak and Madonna Mountain from the upper deck, while a year-round creek winds through the backyard below, creating a peaceful setting that feels worlds away from its convenient in-town location. The floor plan includes three bedrooms plus a large lower-level fourth bedroom or bonus space with its own kitchenette, full bathroom, and separate exterior access. This flexible configuration opens the door to a variety of uses, including multigenerational living, guest quarters, a private home office, or additional living space. The location and layout also make this an especially compelling investment opportunity. With Cal Poly just steps away, the home is ideally positioned for student housing or those wanting immediate access to campus. A two-car garage plus on-street residential parking permits add significant convenience in an area where parking is at a premium. With a versatile floor plan, creekside setting, mountain views, multiple outdoor living spaces, and an unbeatable location next to Cal Poly, this is a property with tremendous potential. Move in and enjoy it as it is, update it over time, or reimagine the spaces to fit your needs.

Set in the coveted enclave of Ferrini Heights, 333 Twin Ridge offers a rare single-level sanctuary where thoughtful craftsmanship meets effortless coastal living. From the moment you arrive, the residence frames sweeping views of Bishop Peak and Cerro San Luis, creating an immediate sense of place and quiet grandeur. Inside, the spacious family room serves as a centerpiece, grounded by high beamed, exposed wood ceilings that draw in natural light and warmth. The heart of the home features a meticulously remodeled chef's kitchen, designed to accommodate both casual morning coffee and joyful gatherings. Four well-proportioned bedrooms and three baths provide ample space for rest and privacy. Outside, the grounds are built for living well—anchored by a refinished renovated swimming pool, spa, and expansive pool deck that melt into the backdrop of surrounding mountain peaks. Practical luxury is integrated seamlessly throughout, including a newly installed roof, fresh exterior paint, air conditioning, a three-car garage, and owned solar paired with a Tesla backup battery for peace of mind. A rare offering of comfort, efficiency, and timeless architecture in one of San Luis Obispo’s most cherished settings.

One of just seven residences in the exclusive Marsh Street Brownstones collection. Situated in the heart of downtown San Luis Obispo, this exceptional residence offers a rare combination of architectural distinction, refined interiors, and an extraordinary rooftop entertaining experience. Thoughtfully designed across multiple levels, the home features expansive, light-filled interiors, elevated finishes, and inviting spaces that balance everyday comfort with effortless entertaining. At the heart of the residence, a kitchen showcases Thermador appliances, quartz countertops, and a generous center island with bar seating. Contrasting white and rich wood-toned cabinetry, complemented by hardwood flooring and abundant natural light, creates a warm yet sophisticated aesthetic. The open-concept design connects the kitchen, dining, and living areas, providing an ideal setting for both intimate gatherings and larger celebrations. Offering three bedrooms, each with an en suite bathroom, and two powder rooms, the residence provides exceptional versatility and privacy. A first-floor bedroom suite with its own private entrance and kitchenette creates an ideal retreat for guests or extended stays. Thoughtful architectural details, including upgraded door hardware and metal-clad Eagle windows, reflect the quality and craftsmanship found throughout the home. A private elevator provides convenient access between levels, while an attached two-car garage offers the practicality and security of private parking in the heart of downtown. The home's crowning feature is its spectacular, nearly 900-square-foot rooftop terrace—an extraordinary outdoor retreat overlooking downtown San Luis Obispo, with scenic views extending toward San Luis Mountain. Complete with an outdoor kitchen, multiple entertaining areas, and a convenient powder room, this remarkable space is suited for alfresco dining, sunset gatherings, or simply enjoying the Central Coast's exceptional climate. Just moments from downtown's celebrated restaurants, cafés, boutiques, and cultural attractions, 1138 Marsh Street offers an exceptional opportunity to experience the best of San Luis Obispo living. Combining timeless architectural character, contemporary luxury, and an unparalleled indoor-outdoor lifestyle, this distinctive residence represents a truly special offering in one of the Central Coast's most desirable communities.

Set in the rolling hills of Templeton, this 36.95± acre AG-zoned parcel offers a rare opportunity to create a private Central Coast estate, hobby ranch, equestrian retreat, or recreational escape surrounded by panoramic views and open country. The land has the kind of topography that makes a property feel special: elevated ridgelines, broad open slopes, usable lower areas, natural view corridors, and multiple potential home sites that capture sweeping views across surrounding ranches, vineyards, hills, and distant mountain ranges. This is the type of property where the vision can go in several directions. Build a custom estate overlooking the countryside. Create a horse property with room for barns, turnouts, trails, and riding areas. Use the open ground for grazing, animals, gardens, orchard plantings, or small-scale agricultural pursuits. Design a private outdoor playground with room for hiking, riding, entertaining, exploring, and enjoying the quiet space that is getting harder to find on the Central Coast. The setting feels private and rural, but it is not isolated. From Poco Road, you are within reach of downtown Templeton, Paso Robles wine country, local restaurants, tasting rooms, schools, Highway 101 access, and the broader Central Coast lifestyle. It offers the space and privacy of country living with convenient access to some of the most desirable destinations in North San Luis Obispo County. The property is identified in San Luis Obispo County Land Use View as AG. Potential uses may include a custom residence, agricultural uses, animal keeping, equestrian improvements, grazing, agricultural accessory structures, recreation, gardens, orchard use, or other rural residential and agricultural uses, subject to County approval. Buyer to verify all zoning, land use, development, agricultural use, animal keeping, water, septic, access, fire, utility, slope, building, and subdivision potential with San Luis Obispo County and all applicable agencies.

Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, a social room, and a laundry facility. Historic character is preserved through ornate Victorian detailing, original Douglas fir accents, soaring 12-foot ceilings, and expansive windows, while offering modern conveniences throughout. A large basement, park-like grounds, patio areas, and barbecue space enhance the property’s appeal. In addition to its existing income-producing layout, the property offers potential for future expansion and increased density, subject to local zoning and planning approvals. Development flexibility may allow for additional units or alternative configurations, presenting a rare opportunity for investors and owner-users alike.

Offered for the first time since its original construction in 1890, this is a rare opportunity to reimagine a property in one of San Luis Obispo's most sought-after neighborhoods. Just moments from the charm and energy of downtown San Luis Obispo, the residence is ideally situated near acclaimed dining, boutique shopping, parks, and the area's celebrated Central Coast lifestyle. Set on an R-2 zoned 4,780± sq. ft. parcel, the property presents exceptional possibilities for restoration, renovation, expansion, or redevelopment (buyer to verify permitted uses with the City of San Luis Obispo). The home offers approximately 1,682± square feet with 2 bedrooms, 2 bathrooms. A total of (6) rooms providing a canvas for thoughtful transformation while honoring its historic origins. Whether your vision is to restore its timeless character or create something entirely new, this is a unique opportunity to shape the future of a property that has remained in the same ownership for generations. Properties with this combination of location, history, and potential are seldom available.

Great location with quick access to downtown Atascadero. Currently configured as a two-bedroom, one-bath home with an attached one-bedroom, one-bath studio area without a kitchen. The home and property have been tenant-occupied for more than 15 years. A clean slate with plenty of potential for your ideas and improvements.

Perfectly positioned to enjoy the very best of San Luis Obispo, this end-unit townhome combines modern architectural design with effortless, low-maintenance living. Step off your relaxing front porch into a bright, inviting main floor featuring luxury vinyl plank flooring and a cozy nook designed for remote work. The kitchen is fully equipped with crisp white cabinetry, granite counters, and stainless-steel appliances. Upstairs, the private primary suite serves as your personal retreat with a walk-in closet and sunny balcony. Two additional bedrooms, a full bath, and a dedicated laundry room offer plenty of space for guests or family. Complete with a spacious tandem 2-car garage for all your Central Coast gear, tankless hot water, and nearby trails and parks, this home is ready for your next chapter.

Discover this charming condo in San Luis Obispo, built in 2014, offering comfort and convenient living. Featuring 2 bedrooms and 1 bathroom, this stylish home is perfectly situated close to downtown, providing easy access to shops, dining, and entertainment. This delightful and well thought out floorplan feels bigger than it looks, The two-story layout includes a spacious primary bedroom with a private balcony. The property also boasts a front patio, perfect for sipping your morning coffee. Additional highlights include a one-car garage, offering secure parking and extra storage. This versatile home is ideal for first-time homebuyers, students, or investors looking for a great opportunity in a prime location.

Historic O'Connor Ranch Nestled in the heart of San Luis Obispo, California, 1498 O'Connor Way is a distinguished property that offers a unique blend of historical significance and modern amenities. Once part of the esteemed O'Connor Ranch, founded in the 19th century, this estate carries a legacy of ranching excellence. The original headquarters of the O'Connor Ranch is featured in Myron Angel's ''History of San Luis Obispo County,'' highlighting its historical importance. The expansive 189-acre property offers breathtaking views, including a portion of Cerro Romualdo, one of the renowned ''Seven Sisters'' of San Luis Obispo. The estate comprises residences, barns, and various outbuildings, providing ample space for diverse living arrangements and agricultural pursuits. The main residence exudes historic charm and warmth. Additional structures include a second farmhouse, a bunkhouse, a rustic wood cabin, two barns, and a structure that could easily be converted into a 12 stall barn and horse facility complete with a one-acre arena, catering to equestrian enthusiasts and those seeking a serene rural lifestyle. The property is currently being used for cattle grazing and in combination with the dwellings provides multiple income streams. This property presents a rare opportunity to own a piece of San Luis Obispo's rich history while enjoying the comforts of modern living amidst picturesque surroundings. Centrally located ten minutes from downtown San Luis Obispo and 15 minutes from the ocean and popular Morro Bay. Being 3 hours from the Bay Area and Los Angeles and only 2 hours from Bakersfield, the property offers the perfect weekend getaway or family compound. Please call us to set up a tour. Property Highlights: 189+ Acres near San Luis Obispo, CAViews5 ResidencesMultifamily12 Stall Horse BarnFenced for CattleCentrally located ten minutes from downtown San Luis Obispo15 minutes from the ocean and popular Morro Bay

Built in 1918, this home is a genuine piece of Atascadero's founding history, one of the original residences constructed during the early years of Atascadero Colony, the utopian planned community founded in 1913 by E.G. Lewis on the former Rancho Atascadero. Now more than 100 years old, the main house has been thoughtfully renovated while preserving its Craftsman era character: refinished hardwood floors, a wood burning stove tucked into a corner nook, a wraparound sunporch, and a kitchen updated with a farmhouse sink, soapstone counters, glass front cabinetry, and a breakfast bar. Four bedrooms and rich period detail throughout. A private, separate guest studio offers its own entrance, kitchenette, and bath, a true second living space ideal for extended family, a home office, or guests. The studio is a licensed short term rental, offering income potential for the right buyer. The detached two car garage adds even more room to work, store, or create, situated apart from the main house for privacy. And then there's the land: nearly an acre of usable, fenced and gated grounds, with mature native trees, a wrought iron garden arbor, brick pathways, sweeping views, and easy access both north and south. House, studio, garage, and grounds each bring something special to this one historic Colony address, a rare chance to own an original piece of Atascadero's founding era with all the flexibility today's buyers want.

Enjoy the ease of low-maintenance living in this charming two-story condominium at 3818 Hatchery Lane, Unit 3. Offering approximately 1,301 square feet of thoughtfully designed living space, this 2-bedroom, 2-bath home provides the privacy and feel of a single-family residence with the convenience of condominium living. Ideally suited for first-time buyers, those looking to downsize, or investors seeking a quality opportunity, this home offers a rare combination of privacy, comfort, and convenience in a welcoming community. The functional floor plan features inviting living spaces filled with abundant natural light, creating a warm and welcoming atmosphere for everyday living and entertaining. The home offers flexibility for relaxing, working from home, or hosting guests, while the spacious bedrooms provide comfortable and private retreats. Conveniently located near shopping, dining, parks, and major commuter routes, this home offers the best of easy Central Coast living.

Welcome to the premier Toscano neighborhood, an exclusive community inspired by the picturesque hillsides and timeless villages of Tuscany. Nestled in the coveted South Hills of San Luis Obispo, this beautifully designed residence offers the perfect balance of luxury, comfort, and convenience, just minutes from downtown, renowned wineries, area beaches, Cal Poly, and the best of the Central Coast. Designed with both elegance and energy efficiency in mind, this home offers 1,336 square feet with two bedrooms and two-and-a-half bathrooms. Superior craftsmanship is evident throughout, from the smooth-trowel wall finish and luxury flooring to the inviting fireplace with a custom mantel that anchors the open-concept great room. The gourmet kitchen is thoughtfully appointed with granite countertops, a generous center island with bar seating, abundant storage, making it equally suited for everyday living and entertaining. Adjacent to the kitchen, the dining area flows naturally to the outdoor patio, creating the perfect setting for gatherings with family and friends. Upstairs, the spacious primary suite is a peaceful retreat featuring sweeping views of the surrounding South Hills, a large walk-in closet, dual vanities, and a designer curbless walk-in shower. The secondary bedroom enjoys its own full bathroom and picturesque hillside views. Situated on an approximately 4,500-square-foot lot, the outdoor spaces have been designed for both relaxation and entertaining. The low-maintenance landscape includes expansive paver patios, mature landscaping that provides privacy and serenity, a gas BBQ hookup, and a generous side yard that offers flexibility for outdoor dining, gardening, or simply enjoying the Central Coast's exceptional climate. With direct access to the South Hills hiking trails just steps from your front door, Toscano offers a rare combination of tranquil surroundings and exceptional convenience. Blending the charm of an established neighborhood with the quality and amenities of newer construction, this remarkable home presents an exceptional opportunity to experience one of San Luis Obispo's most sought-after communities. Come experience the lifestyle that Toscano has to offer and discover why you'll feel at home the moment you arrive.

Blending timeless Tuscan charm with contemporary comfort, this beautifully appointed 4-bedroom home is nestled along the quaint, paver-lined Tresana Lane in the desirable Toscano neighborhood. The gourmet kitchen offers abundant storage with rich maple cabinetry featuring soft-close drawers and doors, granite countertops, and upgraded LG stainless steel appliances. The inviting living area is highlighted by a fireplace with mantel and durable COREtec plank flooring that flows throughout the open-concept living space. Milgard dual-pane windows and 9-foot ceilings on both levels fill the home with natural light and create a bright, spacious atmosphere. The well-designed bathrooms feature granite countertops, ample storage, and a Kohler cast-iron tub in the guest bath. The spacious primary suite includes dual sinks, a large frameless glass walk-in shower, and an oversized walk-in closet. Additional upgrades include full interior wall insulation throughout the home—including between the first and second floors—central air conditioning, and a tankless water heater for enhanced comfort and efficiency. Step outside to a generously sized, tastefully landscaped backyard that is both low-maintenance and ready for a new owner's personal touch. Ideally located just a short walk from the South Hills Open Space Trail and minutes from shopping, dining, parks, and all that San Luis Obispo has to offer, this exceptional home combines style, comfort, and convenience.