
Santa Margarita, California 93453
This Custom Single-Level Residence represents a Strong Value Opportunity, listed at a List Price of $1,050,000, which aligns perfectly with its $1,050,000 Fair Market Value. Featuring a Good Condition Rating, the home offers premium finishes including Alder cabinetry, Royal Stone countertops, and 16-foot ceilings. The expansive 10-acre lot is zoned for two homes, providing exceptional development potential. Surrounded by mountain views and a seasonal pond, this property is an ideal sanctuary for Equestrian Enthusiasts or Owner-Occupants seeking a peaceful, high-end lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1575 Parkhill Road Subject | $999,000* List Price | 4 | 3 | 2,508 | $398 | - |
A 1350 Parkhill Active | $875,000 List Price | 2 | 2 | 1,836 | $477 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 19 years old, placing it firmly in the 'Good' category. The kitchen and bathrooms feature high-quality materials such as alder cabinets, Royal Stone countertops, and slate flooring that appear well-maintained and fully functional. While the aesthetic reflects its original construction date, the home is move-in ready with no visible structural or safety defects.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 435600, living area = 2508.
The expansive 10-acre lot is 80% level and zoned for two homes of any size, offering rare versatility for horse facilities, an ADU, or a secondary primary residence.
Built in 2007, this single-level home features premium finishes including 16-foot ceilings, Royal Stone countertops, alder cabinetry with cherry finish, and an oversized three-car garage.
With 89 days on market and two consecutive price reductions, the property has struggled to find a buyer at its initial valuation, indicating a potential mismatch with current market demand.
Situated 16 miles from downtown, the property's rural seclusion may be a drawback for buyers requiring frequent access to urban amenities or a shorter daily commute.
Custom built single level home with 4 bedrooms, 3 bathrooms, living room, family room and oversized attached 3 car garage. Enjoy 16 foot ceilings, extra insulation, and hard wood doors. The kitchen has a double convection oven and the stove top has 5 gas burners. The cabinets are alder with a cherry wood finish. Glass front cabinets let you showcase your favorite glassware. Kitchen counter tops are Royal Stone, and floors are slate in the family room, hall and bathrooms. The bedrooms and living room have carpet. Two of the bathrooms have dual sinks. The wood burning fireplace is raised up a couple feet, and is the focal point in the family room/kitchen. It is really all you need to keep the house warm in the winter. There is a two sided gas fireplace in the master bedroom, with one side open to the master bathroom garden tub. The master bathroom has tile and a walk in shower. There is meadow over the hill that is magical. Enjoy wild animals, peace, quiet and open spaces. Located only 16 miles from downtown on 10 acres in Santa Margarita, zoned for two homes of any size, 80% of land is completely level, perfect for horses, and animals. Surrounded by beautiful forest, mountain views, seasonal creek and seasonal pond. The property has a beautiful 1936 restored windmill, and it is 3/4 fenced with a solar powered gate. Santa Margarita Lake access trails are nearby. There are hiking trails, and lots of USA land available to explore. Santa Margarita has a popular elementary school. Experience a strong community feel with a 4th of July parade, cruise nights, and a popular community park that has community potlucks, movies, and music. There is a winery nearby that has a popular food truck, and great restaurants in town.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,508 | 1,666 |
| Lot Size | 435,600 | 6,028,845.45 |
| Price | $999.0K | $984.4K |
| Price per sq ft | $398 | $587 |
| Built year | 2007 | 1964 |
| HOA | $0 | $0 |
| Days on market | 112 | 184 |
Sep 1, 2026
$999,000
$1,040,000
-4% Price Drop
Initial Listing
Aug 22, 2026
$1,040,000
$1,050,000
-1% Price Drop
Initial Listing
Aug 5, 2026
$1,050,000
$1,089,000
-4% Price Drop
Initial Listing
Jul 10, 2026
$1,089,000
$1,099,000
-1% Price Drop
Initial Listing
May 20, 2026
$1,099,000
Initial Listing
Jan 17, 2007
$442,000
Public Record
Jan 19, 2005
$190,000
Public Record