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Combined LA/Westside MLS

​© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.​

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San Luis Obispo County Ranch Town

Rentals in Santa Margarita, CA

Welcome to Santa Margarita, a small San Luis Obispo County community on the historic Santa Margarita Ranch, set along State Route 58 near Santa Margarita Lake.

Santa Margarita is a small, unincorporated community and census-designated place in San Luis Obispo County, on California's Central Coast. It sits in the inland foothills northeast of the city of San Luis Obispo, near Cuesta Peak and along State Route 58, in a landscape of oak woodlands, rolling pastures, and the headwaters of the Salinas River drainage. The community was founded in 1889, but its roots run much deeper, tied to the Spanish and Mexican eras of California history. The town takes its name from the Mexican-era Rancho Santa Margarita, one of the great land grants of Alta California, and it is home to the Santa Margarita de Cortona Asistencia, a former outpost associated with Mission San Luis Obispo. The ranch tradition continued through the American period, when the Murphy family held the land, ran large cattle herds, and helped bring the Southern Pacific Railroad through the area, securing Santa Margarita's place on the region's map. Today Santa Margarita remains a small community of roughly 1,300 residents. It is served by the Atascadero Unified School District, with Santa Margarita Elementary School located in town and secondary students attending schools in Atascadero. The surrounding Santa Margarita Ranch continues to operate as a working ranch and event venue, keeping the area's agricultural identity alive. The community's chief natural amenity is Santa Margarita Lake, a county-managed recreation area with a reservoir for boating and fishing, developed camping, and miles of trails. For residents, Santa Margarita offers country living with genuine historical depth, positioned conveniently between Atascadero, San Luis Obispo, and the Paso Robles wine region to the north.

Population 1,291
County San Luis Obispo County
Active Listings 68
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homeHouses apartmentCondos & Apartments holiday_villageTownhouses & Duplexes crop_landscapeLots & Land parkFarms & Ranches

Frequently Asked Questions

What county is Santa Margarita, CA in?

Santa Margarita is located in San Luis Obispo County, on California's Central Coast. It lies northeast of the city of San Luis Obispo along State Route 58, near the county's inland foothills and Cuesta Peak.

What school district serves Santa Margarita, CA?

Santa Margarita is served by the Atascadero Unified School District. Santa Margarita Elementary School operates within the community, and secondary students attend schools in the Atascadero district to the north.

What is Santa Margarita Lake?

Santa Margarita Lake is a San Luis Obispo County Parks recreation area with a reservoir offering boating and fishing, developed campgrounds, and roughly 25 miles of hiking trails. The adjoining Santa Margarita Lake Natural Area adds thousands of acres of open space for hiking, biking, and horseback riding.

What is the history of Santa Margarita, CA?

Santa Margarita was founded in 1889 near Cuesta Peak. It takes its name from the Mexican-era Rancho Santa Margarita land grant and is home to the Santa Margarita de Cortona Asistencia site, a former outpost of Mission San Luis Obispo, reflecting the area's Spanish and Mexican ranching heritage.

Is Santa Margarita the same as Rancho Santa Margarita?

No. Santa Margarita is a small rural community in San Luis Obispo County. Rancho Santa Margarita is a much larger, separate master-planned city in Orange County, more than 200 miles to the southeast. The two share a name but are entirely different places.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 0
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $875,000 +141.4%
square_foot Price per Sq Ft $624
schedule Avg Days on Market 195
sell Homes Sold 3
percent Sale-to-List Ratio 96.0%
inventory_2 Months of Inventory 17.7

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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Zip Codes

Browse listings by postal code in this area.

101281 home for saleMedian sale$999K1 sale in the last 90 days
172681 home for saleMedian sale$282.5KPer sq ft$15362 sales in the last 90 days
346981 home for saleMedian sale$400KPer sq ft$262203 sales in the last 90 days
483121 home for saleMedian sale$317KPer sq ft$166133 sales in the last 90 days
777101 home for saleMedian sale$999K
787511 home for saleMedian sale$625KPer sq ft$47242 sales in the last 90 days
9000116 homes for saleMedian sale$640KPer sq ft$55820 sales in the last 90 days
9000218 homes for saleMedian sale$582.5KPer sq ft$55742 sales in the last 90 days
9000352 homes for saleMedian sale$625KPer sq ft$44137 sales in the last 90 days
90004215 homes for saleMedian sale$1.5MPer sq ft$68558 sales in the last 90 days
90005133 homes for saleMedian sale$740KPer sq ft$56129 sales in the last 90 days
90006126 homes for saleMedian sale$630KPer sq ft$58139 sales in the last 90 days
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