Townhomes for Sale in Margarita, San Luis Obispo

Margarita, a suburban neighborhood in San Luis Obispo, is located about 3 miles south of downtown. This area appeals to families and retirees due to its convenient location and recently constructed housing developments. The neighborhood features two main subdivisions, Serra Meadows and Toscano, both developed within the last decade. Serra Meadows showcases Craftsman-style homes, while Toscano offers an Italian Villa vibe. Homes in these subdivisions range from one to two stories with three to four bedrooms, and lot sizes between 4,500 and 6,000 square feet. Margarita residents enjoy access to the 133-acre South Hills Open Space, which offers hiking trails and panoramic views from Vulture Peak. Recreational facilities include Stoneridge Park, the Damon-Garcia Sports Complex, and Meadow Park, which features courts for tennis, pickleball, and sand volleyball. Grocery shopping is convenient with Vons in the nearby Marigold Center, and dining options abound with local favorites like Shalimar, Beda’s Biergarten, and Taco Roco. The San Luis Obispo Public Market on Higuera Street offers a variety of dining choices. The neighborhood is served by the highly rated San Luis Coastal Unified School District, including Hawthorne Elementary, Laguna Middle, and San Luis Obispo High. Margarita is also close to downtown events such as the weekly Farmers Market and summer concerts at Mission Plaza. While primarily car-dependent, the neighborhood is accessible via State Route 227 and Highway 101, with SLO Transit bus stops nearby. The San Luis Obispo County Regional Airport and French Hospital Medical Center are both about 4 miles away.