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Christian McDougall

cmcdrealestate@gmail.com +1(858) 480-9778

$ 749,900

Est. payment -/mo

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Open 10/27 9:30AM-12PM

22817 I Santa Margarita, CA 93453

5 Beds

4 Baths

1,884 SqFt

Open House

Tue Oct 27, 9:30am - 12:00pm

UPDATED:

Key Details

Property Type Manufactured Home

Sub Type Manufactured Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,884 sqft

Price per Sqft $398

Subdivision Santa Margarita In Town(70)

MLS Listing ID NS26217018

Bedrooms 5

Full Baths 4

Year Built 2002

Lot Size 1.000 Acres

Property Sub-Type Manufactured Home

Property 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 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 la

Location

State CA

County San Luis Obispo

Direction From hwy 101 take hwy 58/el camino real to Wilhelmina which turns into I street. Home is a few down on the right.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Total Parking Spaces 2

Building

Story 1

Sewer Unknown

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 069091006

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Jessica Baker, DRE#01955079 Oaks to Ocean Real Estate
Co-listed bySummer Ramos • Oaks to Ocean Real Estate

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Christian McDougall

Broker License ID: 01927105

+1(858) 480-9778 | cmcdrealestate@gmail.com

Christian McDougall

22817 I Santa Margarita, CA 93453

Open House

Key Details

Location

Interior

Exterior

Building

Others

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22817 I