USACASanta MargaritaSanta Margarita in Town(70)22817 I St
Listing image | Image 1
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22817 I St, Santa Margarita, CA

House

Coming Soon

Listed price in listed location currency (USD).
$749,900

542

MLS® NS26217018

  • Key Facts
  • Description
  • Map

Key Facts

Type Manufactured On Land
Levels Residential
Size 1884 sqft
Garage Yes
Taxes 
Lot Size 1 Acres
Approx. Age 2002
Avg. Price Per Sqft $398
MLS® Number NS26217018

Property Address: 22817 I St, Santa Margarita, CA, 93453-8047

Average square foot calculated using Size range provided by listing agent.

Description

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, along with a detached two-car garage and plenty of usable outdoor space. A separate 1-bedroom plus office, 2-bath 804+/- square foot guest home 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
MLS® NumberNS26217018
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age2002
Basement
DrivewayDriveway, Garage, Rv Potential, Rv Access Parking
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

Nov 4, 2026End Date
-Sold Price

Coming Soon

Oct 5, 2026List Date
$749,900List Price
  • Commute

Commute

Starting Address
Destination Address
22817 I St, Santa Margarita, CA

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