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Under contract
  • Listed by: Central Coast Sotheby's International Realty • Brooke Sutton • Contact: brooke@richardsonproperties.com
    $2,000,000

    22937 I St, Santa Margarita, CA 93453

    3beds
    2,368sqft
    Single Family Residence
    Built in 1952
    8.06 Acres Lot
    $1,845,800 Zestimate®
    $845/sqft
    $-- HOA

    What's special

    Horse barnThoughtful updatesOpen spaceSingle-level ranch-style residenceTwo bathroomsThree bedrooms
    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.
    212 days
    |
    105
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke Sutton DRE #01411266 brooke@richardsonproperties.com,

    Central Coast Sotheby's International Realty,

    Chris Richardson DRE #01200458 805-781-6040,

    Central Coast Sotheby's International Realty

    Source: CRMLS,MLS#: PI25273543MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Family Room, Primary Bedroom, Dining Room
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: All Bedrooms Down
      Bathroom
      • Features: Bathtub
      Cooling
      • See Remarks
      Appliances
      • Included: Gas Oven, Microwave
      • Laundry: See Remarks
      Features
      • Ceiling Fan(s), Separate/Formal Dining Room, All Bedrooms Down, Main Level Primary
      • Flooring: Carpet, See Remarks
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,368 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Multi, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: See Remarks
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Patio & porch: Covered
      • Has private pool: Yes
      • Pool features: Private
      • Spa features: None
      • Has view: Yes
      • View description: Hills, Mountain(s), Panoramic
      Lot
      • Size: 8.06 Acres
      • Features: 6-10 Units/Acre
      Details
      • Additional structures: Barn(s), Storage
      • Parcel number: 069091014
      • Zoning: RS
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1952

      Utilities & green energy

      • Electric: Standard
      • Sewer: Septic Tank
      • Water: See Remarks

      Community & HOA

      Community
      • Features: Preserve/Public Land
      • Subdivision: Santa Margarita In Town(70)
      Location
      • Region: Santa Margarita

      Financial & listing details

      • Price per square foot: $845/sqft
      • Tax assessed value: $2,040,000
      • Annual tax amount: $23,302
      • Date on market: 1/5/2026
      • Cumulative days on market: 212 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $1,845,800

        $1.75M - $1.94M

        $3,198/mo

        Price history

        DateEventPrice
        5/29/2026Contingent$2,000,000$845/sqft
        Source: CRMLS #PI25273543 Report a problem
        1/6/2026Listed for sale$2,000,000$845/sqft
        Source: CRMLS #PI25273543 Report a problem
        1/16/2024Sold$2,000,000$845/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$23,302 +1508.8%$2,040,000 +1385.2%
        2024$1,448 +0.1%$137,352 +2%
        2023$1,446 +1.4%$134,660 +2%
        2022$1,427 +2.1%$132,021 +2%
        2021$1,397 +1.1%$129,433 +1%
        2020$1,382 +2.1%$128,107 +2%
        2019$1,354 +2.1%$125,596 +2%
        2018$1,325 +2.1%$123,134 +2%
        2017$1,298 +2.1%$120,720 +2%
        2016$1,271 $118,354 +1.5%
        2015$1,271 +11.4%$116,577 +2%
        2014$1,141 $114,295 +2.5%
        2012-- $111,550 +2%
        2011-- $109,364 +0.8%
        2010-- $108,548 -0.2%
        2009-- $108,807 +2%
        2008-- $106,674 +2%
        2007-- $104,583 +2%
        2006-- $102,534 +2%
        2005-- $100,524 +2%
        2004-- $98,554 +1.9%
        2003-- $96,749 +2%
        2002-- $94,853 +2%
        2001-- $92,995
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93453

        Getting around

        15 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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