This one-of-a-kind Santa Margarita Lake view property is a truly rare opportunity, encompassing approximately 35± acres and one of only a handful of parcels surrounding the stunning Santa Margarita Lake. This exceptional property offers breathtaking, unobstructed lake views and usable acreage ideal for horses, cattle, or recreation. Enter through a private gate off Las Pilitas Road onto the lower portion of the property, where you’ll find multiple usable acres, existing equestrian facilities, a tack room, and pull barns, perfect for animals, equipment, or agricultural use. A scenic driveway winds up the hillside through majestic oak trees and natural rock outcroppings. As you ascend, the home and panoramic lake views begin to unfold. The multi-level redwood home offers approximately 4,618± square feet of living space, featuring four bedrooms and three and a half bathrooms. Mostly original, the home is ready for someone with vision to renovate and craft their dream retreat. With phenomenal views from nearly every room and expansive square footage, this is a rare chance to create a truly special residence. Enjoy incredible sunrises over the lake and unforgettable sunsets from the comfort of your own land. With limited boating activity and a peaceful, natural setting, Santa Margarita Lake remains especially quiet and serene, ideal for those seeking a true retreat in nature. Explore nearby trails, horse camps, and open spaces just beyond your doorstep. Reports and additional property information are available upon request.
Current real estate data for Single Family in Santa Margarita as of Jul 31, 2025
20
Single Family Listed
144
Avg DOM
541
Avg $ / SqFt
$1,134,293
Avg List Price
Property Details
Price:
$1,695,000
MLS #:
NS25143422
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Santa Margarita Rural80
Neighborhood:
smrgsantamargarita
Listed Date:
Jun 26, 2025
Finished Sq Ft:
4,618
Lot Size:
1,526,778 sqft / 35.05 acres (approx)
Year Built:
1979
Schools
School District:
Atascadero Unified
Interior
Cooling
Central Air
Fireplace Features
Living Room, Primary Bedroom
Heating
Fireplace(s)
Exterior
Community Features
Lake, Horse Trails, Mountainous
Garage Spaces
2.00
Lot Features
Agricultural, Horse Property, Rectangular Lot
Parking Spots
2.00
Pool Features
None
Sewer
Conventional Septic
Stories Total
3
View
Lake, Mountain(s)
Water Source
Well
Financial
Association Fee
0.00
Map
Contact Us
Mortgage Calculator
Community
- Address4755 Las Pilitas Road Santa Margarita CA
- NeighborhoodSMRG – Santa Margarita
- SubdivisionSanta Margarita Rural(80)
- CitySanta Margarita
- CountySan Luis Obispo
- Zip Code93453
Subdivisions in Santa Margarita
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Property Summary
- Located in the Santa Margarita Rural(80) subdivision, 4755 Las Pilitas Road Santa Margarita CA is a Single Family for sale in Santa Margarita, CA, 93453. It is listed for $1,695,000 and features 5 beds, 4 baths, and has approximately 4,618 square feet of living space, and was originally constructed in 1979. The current price per square foot is $367. The average price per square foot for Single Family listings in Santa Margarita is $541. The average listing price for Single Family in Santa Margarita is $1,134,293.
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4755 Las Pilitas Road
Santa Margarita, CA
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