Why Live in Santa Margarita
Santa Margarita in San Luis Obispo offers a blend of residential charm and rural appeal. The neighborhood features a mix of three-bedroom bungalows and ranch-style homes built between 1950 and 2000, shaded by mature willow, cypress, and oak trees. These homes typically have vinyl siding, shingle roofs, and two-car garages. The area also includes the Santa Margarita Mobile Home Park with two-bedroom manufactured homes. Santa Margarita Community Park is a local highlight, featuring a Wild West-themed playground and picnic areas. Outdoor attractions include the East Cuesta Ridge Trail, about 5 miles south, and Santa Margarita Lake, 9 miles away, known for kayaking, camping, and fishing. Local businesses along El Camino Real, such as the Barn Antique Store and J’s Country Kitchen, add to the neighborhood's character. The Santa Margarita Ranch hosts annual events like the Best of the West Antique Equipment Show and "Christmas at the Ranch." El Camino Real is the main roadway, connecting to U.S. Route 101, with San Luis Obispo 10 miles south. Public transportation includes the Regional Transit Authority’s Route 9 bus. Santa Margarita Elementary, rated highly, is within the neighborhood, while Atascadero Middle and Atascadero High are about 10 miles north. The area has a low crime risk compared to the national average, making it a practical choice for families.
Home Trends in Santa Margarita, CA
On average, homes in Santa Margarita, San Luis Obispo sell after 93 days on the market compared to the national average of 51 days. The median sale price for homes in Santa Margarita, San Luis Obispo over the last 12 months is $815,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$815,000
Median Single Family Sale Price
$790,000
Average Price Per Sq Ft
$640
Number of Homes for Sale
3
Last 12 months Home Sales
12
Median List Price
$819,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
14%