This one-of-a-kind Santa Margarita Lake view property is a truly rare opportunity, encompassing approximately 35± acres and one of only a handful of parcels surrounding the stunning Santa Margarita Lake. This exceptional property offers breathtaking, unobstructed lake views and usable acreage ideal for horses, cattle, or recreation. Enter through a private gate off Las Pilitas Road onto the lower portion of the property, where you’ll find multiple usable acres, existing equestrian facilities, a tack room, and pull barns, perfect for animals, equipment, or agricultural use. A scenic driveway winds up the hillside through majestic oak trees and natural rock outcroppings. As you ascend, the home and panoramic lake views begin to unfold. The multi-level redwood home offers approximately 4,618± square feet of living space, featuring four bedrooms and three and a half bathrooms. Mostly original, the home is ready for someone with vision to renovate and craft their dream retreat. With phenomenal views from nearly every room and expansive square footage, this is a rare chance to create a truly special residence. Enjoy incredible sunrises over the lake and unforgettable sunsets from the comfort of your own land. With limited boating activity and a peaceful, natural setting, Santa Margarita Lake remains especially quiet and serene, ideal for those seeking a true retreat in nature. Explore nearby trails, horse camps, and open spaces just beyond your doorstep. Reports and additional property information are available upon request.
Property Details
Price:
$1,695,000
MLS #:
NS25143422
Status:
Active
Beds:
4
Baths:
4
Address:
4755 Las Pilitas Road
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Santa Margarita Rural80
Neighborhood:
smrgsantamargarita
City:
Santa Margarita
Listed Date:
Jun 26, 2025
State:
CA
Finished Sq Ft:
4,618
ZIP:
93453
Lot Size:
1,526,778 sqft / 35.05 acres (approx)
Year Built:
1979
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Schools
School District:
Atascadero Unified
Interior
Cooling
Central Air
Fireplace Features
Living Room, Primary Bedroom
Heating
Fireplace(s)
Exterior
Community Features
Lake, Horse Trails, Mountainous
Garage Spaces
2.00
Lot Features
Agricultural, Horse Property, Rectangular Lot
Parking Spots
2.00
Pool Features
None
Sewer
Conventional Septic
Stories Total
3
View
Lake, Mountain(s)
Water Source
Well
Financial
Association Fee
0.00
Map
Community
- Address4755 Las Pilitas Road Santa Margarita CA
- AreaSMRG – Santa Margarita
- SubdivisionSanta Margarita Rural(80)
- CitySanta Margarita
- CountySan Luis Obispo
- Zip Code93453
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4755 Las Pilitas Road
Santa Margarita, CA
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