$849,000
$50K PRICE DROP

4555 Las Pilitas Rd Santa Margarita, CA 93453

Estimated payment $4,787/month

Total Views 9,694
3 Beds
2 Baths
2,216 Sq Ft
$383 Price per Sq Ft

Highlights

  • Barn
  • Home fronts a creek
  • 20 Acre Lot
  • Corral
  • Panoramic View
  • Secluded Lot

About This Home

Spectacular oak trees and flat, farmable land make this beautiful 20+/- acre ranch truly unique and suitable for many uses. You’ll find a 2,100+ sq. ft. home, a barn, a freestanding metal carport, and horse facilities, all in a picturesque private setting. Bring your animals, or start farming the land. You could plant a vineyard, orchard, row crops, alfalfa, and more. The property is also well suited for hunting, trail riding, hiking, and mountain biking. The water well was recently tested on 1/24/2024 at 32 gallons per minute for four hours. There is a 5,000 gallon water storage tank near the high point on the property. There is a seasonal stream that runs through the property. A few miles away is the public entrance to Santa Margarita Lake which offers boating, fishing, hiking, horseback riding, and camping. A little further down the road is the historic town of Pozo and public access to the Los Padres National Forest and the Pozo-La Panza Off-highway Vehicle (OHV) recreation area. The quaint town of Santa Margarita is approximately 9 miles away, bringing both locals and tourists to the renowned restaurants, markets, wine tasting, and adventure park. Just a few miles further is the city of San Luis Obispo, a college town with a vast array of services, jobs, and cultural amenities. At the property there is high-speed WiFi Internet service available – so come live (and work!) surrounded by all the beauty of living in the country. This sale is subject to Probate Court approval.

Listing Agent

Wayne Lewis

RE/MAX Success Brokerage Phone: 805-975-6330 License #01415985 Listed on: 08/14/2024

RE/MAX Success

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1988

Lot Details

  • 20 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Rural Setting
  • Secluded Lot
  • Back and Front Yard
  • Property is zoned Rural Lands

Property Views

  • Panoramic
  • Pasture
  • Creek or Stream

Home Design

  • Slab Foundation

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Home Office
  • Propane Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • On-Site Parking

Farming

  • Barn
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Overhead Utilities
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Santa Margarita Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070351031
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Santa Margarita Rural(80)
  • View: Yes
  • Well Pump Horsepower: 2.00
  • Well Report: Yes
  • Zoning: Rural Lands
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 070351031
  • Year Built: 1988
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2216.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Stories: 2
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 383.12
  • Room Type: Kitchen, Laundry, Living Room, Office

Exterior Features

  • Foundation: Slab
  • Other Structures: Barn(s)
  • Exterior Features: Corral
  • View: Creek/Stream, Panoramic, Pasture
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Propane
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Well
  • Well Gallons Per Minute: 32.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Atascadero Unified

Lot Info

  • Elevation: 1300 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Back Yard, Front Yard, Horse Property Improved, Pasture, Ranch, Secluded, Utilities - Overhead
  • Lot Size Sq Ft: 871200.00
  • Lot Size Acres: 20.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20.0000 Acres
  • Number Of Units Total: 1
  • Waterfront Features: Creek

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,036 $186,905 $83,192 $103,713
2024 $2,035 $183,241 $81,561 $101,680
2023 $2,035 $179,649 $79,962 $99,687
2022 $2,010 $176,128 $78,395 $97,733
2021 $1,971 $172,675 $76,858 $95,817
2020 $1,951 $170,905 $76,070 $94,835
2019 $1,912 $167,555 $74,579 $92,976
2018 $1,875 $164,270 $73,117 $91,153
2017 $1,838 $161,050 $71,684 $89,366
2016 $1,802 $157,893 $70,279 $87,614
2015 $1,775 $155,522 $69,224 $86,298
2014 $1,621 $152,476 $67,868 $84,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $849,000 -4.5% $383 / Sq Ft
11/09/2024 11/09/24 Price Changed $889,000 -1.1% $401 / Sq Ft
08/14/2024 08/14/24 For Sale $899,000 -- $406 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Commercial
Closed $250,000 Unknown
Closed $135,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS24168349

California Regional Multiple Listing Service (CRMLS)

APN: 070-351-031