Welcome to 4754, 4756, and 4750 Santa Margarita Lake Road. This 15 acre property offers something you don’t see every day: three separate residences, room to grow, and the flexibility to fit your life, whether that means multigenerational living or rental income.
The main home at 4754 Santa Margarita Lake rd. has 3 bedrooms, 2 bathrooms, and a garage, along with a fireplace, an on demand hot water heater, and a newer roof. Over the concrete patio in the back yard is an awning from Equine Solutions. Next door at 4756 Santa Margarita Lake Rd. you’ll find a 2 bedroom, 1 bathroom manufactured home, great for extended family, guests, or a tenant. And 4750 Santa Margarita Lake rd. rounds things out with a 2 bedroom, 2 bathroom home, its own garage, and a wood stove with a large kitchen island and vaulted wood ceilings. .
Each home has its own electric meter and its own septic system, so every household runs independently. The property also includes 3 ponds, a well with two 2,500 gallon storage tanks, a Hague water system. The property is on propane with two tanks. A large barn with a workshop and a separate tack room gives you space for animals, projects, or hobbies, and the property is fully fenced and cross fenced, ready for horses or livestock. Bring the horses, there are pens in place and you can enjoy Santa Margarita Lake Recreation Area, just a couple minutes down the road which offers over 25 miles of scenic, backcountry equestrian trails.
There’s also an orchard with peaches, plums, apples, and pomegranates, all on drip irrigation.
You’re just 10 minutes from the town of Santa Margarita and a short drive from Santa Margarita Lake, so you get the quiet of country living without giving up easy access to town.
Properties like this don’t come up often. Whether you’re looking for space for family, a rental income setup, or just room to spread out, this one is worth a look.
The main home at 4754 Santa Margarita Lake rd. has 3 bedrooms, 2 bathrooms, and a garage, along with a fireplace, an on demand hot water heater, and a newer roof. Over the concrete patio in the back yard is an awning from Equine Solutions. Next door at 4756 Santa Margarita Lake Rd. you’ll find a 2 bedroom, 1 bathroom manufactured home, great for extended family, guests, or a tenant. And 4750 Santa Margarita Lake rd. rounds things out with a 2 bedroom, 2 bathroom home, its own garage, and a wood stove with a large kitchen island and vaulted wood ceilings. .
Each home has its own electric meter and its own septic system, so every household runs independently. The property also includes 3 ponds, a well with two 2,500 gallon storage tanks, a Hague water system. The property is on propane with two tanks. A large barn with a workshop and a separate tack room gives you space for animals, projects, or hobbies, and the property is fully fenced and cross fenced, ready for horses or livestock. Bring the horses, there are pens in place and you can enjoy Santa Margarita Lake Recreation Area, just a couple minutes down the road which offers over 25 miles of scenic, backcountry equestrian trails.
There’s also an orchard with peaches, plums, apples, and pomegranates, all on drip irrigation.
You’re just 10 minutes from the town of Santa Margarita and a short drive from Santa Margarita Lake, so you get the quiet of country living without giving up easy access to town.
Properties like this don’t come up often. Whether you’re looking for space for family, a rental income setup, or just room to spread out, this one is worth a look.
Property Details
Price:
$1,225,000
MLS #:
SC26152585
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Santa Margarita Rural80
Neighborhood:
smrgsantamargarita
Listed Date:
Jul 24, 2026
Finished Sq Ft:
2,857
Lot Size:
662,112 sqft / 15.20 acres (approx)
Year Built:
1965
See this Listing
Schools
School District:
Atascadero Unified
Interior
Appliances
DW, PR, EO, ER, DO, WS
Bathrooms
5 Full Bathrooms
Cooling
ELC
Flooring
LAM
Heating
FA, WDS
Interior Features
TILC
Laundry Features
IG, IN
Levels
A
Main Level Bathrooms
5
Main Level Bedrooms
7
Exterior
Accessibility Features
NO
Architectural Style
RAN
Attached Garage YN
1
Common Walls
NCW
Community Features
HRS, LAKE, FISH, HIKI
Exterior Features
AW, KNL
Fencing
WIRE
Garage Spaces
4
Other Structures
SHP, OB, SH
Parking Spots
4
Parking Total
4
Patio And Porch Features
CON, DK
Roof
CMP, MTL
Security Features
AG
Spa Features
NO
View
HI
Window Features
DPW
Financial
Map
Community
- Address4750 Santa Margarita Lake Santa Margarita CA
- SubdivisionSanta Margarita Rural(80)
- CitySanta Margarita
- CountySan Luis Obispo
- Zip Code93453
Subdivisions in Santa Margarita
Market Summary
Current real estate data for Single Family in Santa Margarita as of Jul 26, 2026
15
Single Family Listed
106
Avg DOM
417
Avg $ / SqFt
$872,513
Avg List Price
Property Summary
- Located in the Santa Margarita Rural(80) subdivision, 4750 Santa Margarita Lake Santa Margarita CA is a Single Family for sale in Santa Margarita, CA, 93453. It is listed for $1,225,000 and features 7 beds, 5 baths, and has approximately 2,857 square feet of living space, and was originally constructed in 1965. The current price per square foot is $429. The average price per square foot for Single Family listings in Santa Margarita is $417. The average listing price for Single Family in Santa Margarita is $872,513. To schedule a showing of MLS#sc26152585 at 4750 Santa Margarita Lake in Santa Margarita, CA, contact your Outland and Associates Real Estate agent at 8054813939.
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Courtesy of Century 21 Masters. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.4750 Santa Margarita Lake
Santa Margarita, CA
