$1,275,000

4040 Las Pilitas Road

Santa Margarita CA, 93453

Description

Here is a spectacular 378+/- acre ranch with four legal parcels, two separate homes, and two water wells - all in the Williamson Act for reduced property taxes. This ranch is unique in being less then 20 minutes to both SLO and Atascadero while having complete privacy. The parcel with the homes is in process of removal from Williamson act, allowing 2 more homes to be added and separate sales opportunity. In uncertain times this ranch offers both security, and entertainment: it is perfect for ranching, farming, hiking, hunting, off-roading, mountain biking and more. The ranch backs to land locked BLM land which means it is there for your use but not public access. The natural beauty and wildlife are breathtaking and include a seasonal stream and spring, unique rock outcroppings, many elevated home sites with distant views, oaks, pines, and manzanita trees. All 4 parcels are zoned 'Agriculture' and are outside the Paso Robles Groundwater Basin, so there are no water use restrictions. You even get your own brand ('VP') in the sale. Drive the manicured ranch roads to the homes, water tank, pole barn, art studio building, horse facilities, and the view lookouts. Come see how this property might be perfect for your intended use, and long term development options. Be sure to see the link to the aerial video over the ranch!

Details

MLS#NS19274739
Listing TypeFor Sale
StyleManufactured Home
Sub-TypeResale
StatusActive
Year2004
Days On Site351

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,444
Story(s)1 Story
Acreage378.00
Property ViewYes

Market Activity 93453

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Area Information
StateCA
CountySan Luis Obispo
CitySanta Margarita
Zip Code93453
AreaSMRG - Santa Margarita
Community NameSanta Margarita Rural(80)
School DistrictAtascadero Unified
Listing VS Median (in Santa Margarita Rural(80))
Price:
$1,275,000
low | high
Med:
$1,100,000
63.725490196078% of Average
SqFt:
2,444
low | high
Med:
2,482
48.445171849427% of Average
$ / SqFt:
$522
low | high
Med:
$443
65.046373102021% of Average
On Site:
351
low | high
Med:
245
100% of Average
Listing Updated: November 23, 2020 11:38:07 PM PST
Wayne Lewis LogoMLS Number: NS19274739
Listing Provided By:
Wayne Lewis  of  BHHS Hallmark Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.