22817 I, Santa Margarita, CA 93453
Local realty services provided by:ERA Excel Realty
22817 I,Santa Margarita, CA 93453
$749,900
- 5 Beds
- - Baths
- 1,884 sq. ft.
- Mobile / Manufactured
- Active
Upcoming open houses
- Tue, Oct 2709:30 am - 12:00 pm
Listed by: jessica baker, summer ramos
Office: oaks to ocean real estate805-610-3586
MLS#:NS26217018
Source:CRMLS
Price summary
- Price:$749,900
- Price per sq. ft.:$398.04
About this home
Rare Santa Margarita Opportunity-Two Homes on One Acre. Rarely does an opportunity like this come to market! This versatile property features two separate homes, offering an exceptional combination of rental income, multi-generational living, guest accommodations, or future investment potential. The main residence offers 3 bedrooms and 2 bathrooms across approximately 1,080+/- square feet and plenty of usable outdoor space. Raised garden beds, a large storage shed, carport for covered parking, and a cute front deck are just a few perks of this home. A separate 1-bedroom plus office, 2-bath 804+/- square foot guest home with a charming covered porch and a detached two-car garage provides additional flexibility and opportunity. Both residences are currently tenant occupied, generating a combined $2,375 per month in rental income ($1,350/month for the main home and $1,025/month for the guest home) and boast separately metered utilities, providing immediate income for an investor while preserving the potential to enhance the property's value over time. The approximately one-acre setting offers room to spread out, with potential space for horses and other rural lifestyle uses. Enjoy the charm and community of Santa Margarita while remaining conveniently located near San Luis Obispo, Paso Robles, Atascadero, and the Central Coast. Whether you're looking for an income-producing investment, a property for extended family, or a unique opportunity to own multiple residences on one parcel, this rare Santa Margarita offering deserves a closer look. If you're looking to add even more land and a third home, check out the neighboring property at 22815 I Street, Santa Margarita also being offered for sale at $699,900. MLS#NS26216088. BONUS- The sellers are open to considering seller financing for 5-7 years with 20-30% down at only a 4% interest on at least one of these parcels...
Contact an agent
Home facts
- Year built:2002
- Subdivision & Development:Santa Margarita In Town(70)
- Listing ID #:NS26217018
- Added:16 day(s) ago
- Updated:October 22, 2026 at 05:36 PM
Rooms and interior
- Bedrooms:5
- Full bathrooms:4
- Living area:1,884 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:2002
- Building area:1,884 sq. ft.
- Lot area:1 Acres
- Lot Features:Back Yard, Front Yard, Horse Property
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$749,900
- Price per sq. ft.:$398.04
Features and amenities
- Laundry features:Inside
Parking
- Total parking spaces:2
- Parking description:Driveway, Garage
- Garage:Yes
- Garage spaces:2
New listings near 22817 I
- Open Sat, 11am to 1pmNew
$1,299,000Active6 beds 4 baths2,929 sq. ft.3151 Parkhill, Santa Margarita, CA 93453
MLS# NS26217945Listed by: GUIDE REAL ESTATE - New
$25,000Active3 Acres13775 Branch Mountain (AKA Grande Vista) Trail, Santa Margarita, CA 93453
MLS# PI26227384Listed by: DAVID NORWOOD CENTRAL COAST REAL ESTATE - New
$154,800Active2 beds 1 baths696 sq. ft.14355 Bella, Santa Margarita, CA 93453
MLS# MB26227549Listed by: ARREOLAS REALTY - New
$998,000Active4 beds 3 baths2,508 sq. ft.1575 Parkhill Road, Santa Margarita, CA 93453
MLS# NS26226608Listed by: PLATINUM PROPERTIES - New
$10,000Active2.5 Acres11730 Choctaw (AKA Cholame) Trail, Santa Margarita, CA 93453
MLS# PI26225096Listed by: DAVID NORWOOD CENTRAL COAST REAL ESTATE - New
$10,000Active2.5 Acres0 Cornell RD, Santa Margarita, CA 93453
MLS# PI26225715Listed by: EXP REALTY OF CALIFORNIA, INC.
$699,900Active3 beds 2 baths1,320 sq. ft.22815 I, Santa Margarita, CA 93453
MLS# NS26216088Listed by: OAKS TO OCEAN REAL ESTATE
$175,000Active2 beds 2 baths1,152 sq. ft.9712 Pinal #B7, Santa Margarita, CA 93453
MLS# NS26208708Listed by: RE/MAX PARKSIDE REAL ESTATE
$10,000Active0 Acres12615 Arrow Bear, Santa Margarita, CA 93453
MLS# PI26206744Listed by: DAVID NORWOOD CENTRAL COAST REAL ESTATE