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$2,000,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,368 Sq. Ft.
  • 2 Car Garage
  • Updated 10 days ago
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Unique Lifestyle and Development Opportunity This approximately 8-acre property backs to the expansive Santa Margarita Ranch, offering privacy, open space, and a truly special setting. An existing single-level, ranch-style residence of approximately 2,300 square feet sits on a one-acre parcel and features three bedrooms, two bathrooms, thoughtful updates, a pool, a horse barn, and paddocks. The remaining acreage is zoned for one-acre parcels. Upon finalization of the subdivision map, the property will consist of six one-acre lots, with five currently undeveloped, providing the rare opportunity to reside in the existing home while developing and building the remaining homesites. A compelling blend of immediate enjoyment and future potential in one of Santa Margarita's most desirable locations.

Full Property Details for 22937 I St

General

  • Price: $2,000,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: PI25273543
  • Updated: 1/8/2026
  • Days on Market: 13 days
  • Added to Site: 13 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Family Room, Main Floor Primary Bedroom
  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Eating Areas: Dining Room
  • Appliances: Gas Oven, Microwave
  • Flooring: Carpet, See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: See Remarks

Additional Information

  • Pool: Yes
  • Pool Description: Private
  • Spa Description: None

Exterior

  • Deck/Patio: Covered

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage (Two Doors)

Location

  • County: San Luis Obispo
  • Subdivision: Santa Margarita In Town(70)
  • Driving Directions: Highway 101 to Exit 211 Santa Margarita, Right on Wilhelmina Ave Right on I Street property sits back off the road

School Information

  • School District: Atascadero Unified

Community

  • Community Features: Preserve/Public Land

Heating & Cooling

  • Cooling Type: See Remarks

Utilities

  • Sewer: Conventional Septic
  • Water: See Remarks

Structural Information

  • Architectural Style: Ranch
  • Structure Type: Single Family Residence
  • Construction: Wood Siding
  • Foundation: Slab
  • Common Walls: No Common Walls
  • Disability Access: See Remarks
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,368
  • Sq. Ft. Source: Assessor
  • Year Built: 1952
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Barn(s), Storage

Lot Features

  • Property View: Hills, Mountain(s), Panoramic
  • Lot Size (Acres): 8.06
  • Lot Size (Sq. Ft.): 351,094
  • Lot Size Source: Assessor
  • Zoning: RS
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $844.59

Disclosures and Reports

  • Special Conditions: Standard

Listed by Richardson Sotheby's International Realty, Brooke Sutton and Richardson Sotheby's International Realty, Chris Richardson

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Listing agents

— 22937 I St —

  • Brooke Sutton

    Richardson Sotheby's International Realty

  • Chris Richardson

    Richardson Sotheby's International Realty

brooke@richardsonproperties.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 22937 I St

School District:Atascadero Unified School District
NameGradesDistance
Santa Margarita Elementary School, Santa Margarita, CA
22070 H Street, Santa Margarita, CA 93453
K-51 mi
Atascadero Middle School
6501 Lewis Avenue, Atascadero, CA 93422
6-88 mi
Atascadero High School
1 High School Hill Road, Atascadero, CA 93422
9-127.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 22937 I St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Listed
$2,000,000
—
MLS
1/10/2024
Sold
$2,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 22937 I St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,302
1511%
$2,040,000
1385%
2023
$1,446
—
$137,352
2%
2023
$1,446
1%
$134,660
2%
2022
$1,427
2%
$132,021
2%
2021
$1,397
1%
$129,433
1%
2020
$1,382
2%
$128,107
2%
2019
$1,354
2%
$125,596
2%
2018
$1,325
2%
$123,134
2%
2017
$1,298
2%
$120,720
2%
2016
$1,271
2%
$118,354
2%
2015
$1,250
10%
$116,577
2%
2014
$1,141
2%
$114,295
—
2013
$1,120
—
$113,780
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 22937 I St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Richardson Sotheby's International Realty, Brooke Sutton and Richardson Sotheby's International Realty, Chris Richardson

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22937 I Street, Santa Margarita, CA 93453 (MLS# PI25273543) is a Single Family property with 3 bedrooms and 2 full bathrooms. 22937 I Street is currently listed for $2,000,000 and was received on January 05, 2026. Want to learn more about 22937 I Street? Do you have questions about finding other Single Family real estate for sale in Santa Margarita? You can browse all Santa Margarita real estate or contact a Coldwell Banker agent to request more information.

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