About 22937 I Street
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 Margaritas most desirable locations.
Features of 22937 I Street
| MLS® # | PI25273543 |
|---|---|
| Price | $2,000,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,368 |
| Acres | 8.06 |
| Year Built | 1952 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Ranch |
| Status | Closed |
Community Information
| Address | 22937 I Street |
|---|---|
| Area | SANTA MARGARITA (93453) |
| City | Santa Margarita |
| County | San Luis Obispo |
| State | CA |
| Zip Code | 93453 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Garage - Two Door |
| # of Garages | 2 |
| View | Mountains/Hills,Panoramic |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Private |
Interior
| Appliances | Microwave,Gas Oven |
|---|---|
| Cooling | Other/Remarks |
| Fireplace | Yes |
| Fireplaces | FP in Living Room |
| # of Stories | 1 |
| Stories | 1 Story |
Exterior
| Construction | Wood |
|---|
Additional Information
| Date Listed | January 5th, 2026 |
|---|---|
| Days on Market | 217 |
| Zoning | RS |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Central Coast Sotheby's International Realty |
|---|