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According to the listing agent, this listing is a bank owned (foreclosed) property. |
Discover the possibilities on this exceptional 157± acre AG-zoned property in the scenic hills of Santa Margarita. Offering a rare combination of privacy, usable infrastructure, and expansive open space, this unique property is ready for its next chapter. The property features an approximately 2,400± sq. ft. (60' x 40') shop (buyer to verify permits), PG&E electrical service, a domestic well, an agricultural well, and existing utility infrastructure from a previous homesite. The property is fenced, making it well-suited for livestock, grazing, or agricultural use. The former manufactured home was lost to a fire, with the foundation remaining and most debris already removed, creating an outstanding opportunity to build a new residence while taking advantage of the property's existing improvements. Whether you're looking to establish a working ranch, expand an agricultural operation, develop an equestrian property, create a private recreational retreat, or build your dream home surrounded by rolling hills and panoramic views, this property offers exceptional versatility and long-term potential. Large acreage properties with existing infrastructure are increasingly difficult to find, making this a rare opportunity to create something truly special in the heart of rural Santa Margarita. Buyer is advised to verify all information, including zoning, permitted improvements, utility availability, well production, acreage, fencing, and potential future uses with the appropriate agencies.
| Last Updated | 7/8/2026 | Tract | Carrizo Plains/California Valley(62) |
|---|---|---|---|
| Year Built | 0 | Community | SMRG - Santa Margarita |
| County | San Luis Obispo |
Additional Details
| AREA | SMRG - Santa Margarita |
|---|---|
| LOT | 158.59 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 6908180 |
| SEWER | Septic Tank |
| SUBDIVISION | Carrizo Plains/California Valley(62) |
| UTILITIES | Electricity Connected, Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills, Panoramic, Pasture, Valley |
| WATER | Well |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/8/26 11:31 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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