Nestled in the serene landscapes of Santa Margarita, this unique ranchette offers an unparalleled opportunity with two charming residences on a sprawling 80-acre estate. Perfectly positioned just 25-30 minutes from San Luis Obispo, this idyllic retreat is ideal for those seeking tranquility and adventure alike.
The main residence features a spacious layout with three bedrooms and two full baths, providing ample space for comfortable living. The second residence is connected via an ample family/gathering room & offers two bedrooms and one bath, perfect for extended family or rental income potential. Both homes boast stunning views of the surrounding countryside, where nature abounds in every direction.
This vast expanse invites you to explore its pristine beauty through horseback/hiking trails that wind throughout the rolling terrain. Enthusiasts of shooting or hunting will relish the opportunities offered by these expansive grounds. For families involved in 4H projects, there's abundant room to nurture livestock or create thriving gardens.
The detached garage/shop has room for all your toys, and could be used for tack, motor vehicles and a workshop! There is also a two-stall barn with attached paddock and various other storage and outbuildings.
A bubbling seasonal creek enhances the natural charm of this exceptional property, offering soothing sounds and a picturesque setting for picnics or quiet reflection. You will find many historical grinding holes scattered about the granite rocks shaded by beautiful oaks, a waterfall and swimming hole! Embrace a lifestyle where peace meets possibility—this extraordinary slice of paradise is ready to welcome you home!
Energy efficiency reigns supreme with a robust 16KW solar system complete with backup, is just one of many upgrades, ensuring year-round reliability. Whether you dream of creating a family compound or generating rental income from either home, this versatile sanctuary offers endless potential. Experience captivating sunsets and panoramic views every day—come see why this unique estate is more than just a home; it's an invitation to live your best life amidst California's breathtaking landscape.
The property may even have an opportunity for an additional home site with direct access to Las Pilitas Road. Only 25-30 Minutes to Downtown San Luis Obispo, this is the perfect place if you want the convenience of being close to town, but the privacy & quiet that only the country can provide
Sold for $1,225,000
Listing Provided by: Bay Osos Brokers
Bought with: Bay Osos Brokers
$1,225,000
3700 Las Pilitas Rd, Santa Margarita, CA 93453
5beds
4,050sqft
Single Family Residence
Built in 1960
80 Acres Lot
$1,271,900 Zestimate®
$302/sqft
$4,458 Estimated rent
Home value
$1,271,900
$1.17M - $1.39M
$4,458/mo
Zestimate® history
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List your homeWhat's special
Historical grinding holesBubbling seasonal creek
Zillow last checked:
Listing updated:
Listing Provided by:
Simon Van Beurden DRE #01909180 Simon@BayOsosBrokers.com,
Bay Osos Brokers,
Leon Van Beurden DRE #00646313 805-528-1133,
Bay Osos Brokers
Bought with:
Leon Van Beurden, DRE #00646313
Bay Osos Brokers
Source: CRMLS,MLS#: SC25247031
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Jack and Jill Bath
Heating
- Heat Pump
Cooling
- Heat Pump, Attic Fan
Appliances
- Laundry: Inside
Features
- Beamed Ceilings, Ceiling Fan(s), In-Law Floorplan, All Bedrooms Down, Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Primary Suite, Walk-In Closet(s), Workshop
- Flooring: Bamboo
- Has fireplace: Yes
- Fireplace features: Bonus Room, Family Room, Free Standing, Masonry, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,050 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Panoramic, Rocks, Trees/Woods
Lot
- Size: 80 Acres
- Features: 0-1 Unit/Acre, Agricultural, Horse Property, Irregular Lot, Lot Over 40000 Sqft, Pasture
Details
- Additional parcels included: 070233046, 070233023
- Parcel number: 070233036
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Community
- Community features: Hiking, Horse Trails, Rural
Location
- Region: Santa Margarita
- Subdivision: Santa Margarita Rural(80)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 12/22/2025 | Sold | $1,225,000-12.5%$302/sqft |
Source:  CRMLS #SC25247031 Report a problem | ||
| 12/18/2025 | Listed for rent | $1,000-60% |
Source: Zillow Rentals Report a problem | ||
| 11/12/2025 | Pending sale | $1,400,000$346/sqft |
Source: CRMLS #SC25247031 Report a problem | ||
| 10/31/2025 | Listed for sale | $1,400,000+19.1%$346/sqft |
Source: CRMLS #SC25247031 Report a problem | ||
| 6/15/2025 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/19/2025 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2023 | Contingent | $1,175,000$290/sqft |
Source: CRMLS #SC23073643 Report a problem | ||
| 5/2/2023 | Listed for sale | $1,175,000$290/sqft |
Source: CRMLS #SC23073643 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,696 +5.7% | $936,360 +2% |
| 2024 | $10,123 +141.7% | $918,000 +143.8% |
| 2023 | $4,187 +1.3% | $376,614 +2% |
| 2022 | $4,134 +2% | $369,230 +2% |
| 2021 | $4,051 +1.1% | $361,992 +1% |
| 2020 | $4,009 +2% | $358,281 +2% |
| 2019 | $3,929 +2% | $351,257 +2% |
| 2018 | $3,850 +2% | $344,371 +2% |
| 2017 | $3,773 +2% | $337,620 +2% |
| 2016 | $3,698 | $331,001 +1.5% |
| 2015 | $3,698 +11.3% | $326,030 +2% |
| 2014 | $3,323 | $319,645 +2.5% |
| 2012 | -- | $311,962 +2% |
| 2011 | -- | $305,846 +0.8% |
| 2010 | -- | $303,561 -0.2% |
| 2009 | -- | $304,283 +2% |
| 2008 | -- | $298,317 +2% |
| 2007 | -- | $292,469 +2% |
| 2006 | -- | $286,736 +2% |
| 2005 | -- | $281,115 +2% |
| 2004 | -- | $275,604 +1.9% |
| 2003 | -- | $270,554 +2% |
| 2002 | -- | $265,250 +2% |
| 2001 | -- | $260,050 |
Find assessor info on the county website
Neighborhood: 93453
Nearby schools
GreatSchools rating
- 4/10Creston Elementary SchoolGrades: K-5Distance: 11 mi
- 7/10Atascadero Middle SchoolGrades: 6-8Distance: 14.3 mi
- 8/10Atascadero High SchoolGrades: 9-12Distance: 14.3 mi
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- California
- San Luis Obispo County
- Santa Margarita
- 93453
- 3700 Las Pilitas Rd
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