
Santa Margarita, California 93453
This Custom Single Family Residence is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,048,120 Fair Market Value by 4%. This valuation gap offers $50,120 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home offers high-end finishes like Alder cabinets and Royal Stone countertops. With 10 acres zoned for two homes, this property is an ideal sanctuary for Owner-Occupants or Equestrian Enthusiasts seeking a private, scenic lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1575 Parkhill Road Subject 4 bd · 3 ba · 2,508 sqft · $418 | $998,000* List Price | 4 | 3 | 2,508 | $418 | - |
A 1350 Parkhill Active 2 bd · 2 ba · 1,836 sqft · $471 · 0.6 mi | $865,000 List Price | 2 | 2 | 1,836 | $471 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 19-year-old home falls within the 10-20 year 'Good' criteria. The property is well-maintained and move-in ready, featuring functional high-end finishes from the original build including alder cabinets, Royal Stone countertops, and slate flooring. While the bathroom tile and kitchen styling are consistent with its age, the home shows no signs of deferred maintenance or structural issues.
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 equestrian use, agricultural pursuits, or additional residential construction.
Built in 2007, the home features premium architectural details including 16-foot ceilings, extra insulation, Royal Stone countertops, and a unique two-sided gas fireplace in the master suite.
Situated 16 miles from downtown, the property’s rural seclusion may be a drawback for buyers requiring frequent or quick access to urban amenities and employment centers.
The creek and pond are seasonal, meaning these aesthetic and functional water elements may be dry during significant portions of the year depending on rainfall.
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, great restaurants, and a popular community park that has community potlucks, movies, and music. There is a winery nearby that has a popular food truck, in 2027 a barbecue restaurant is opening at the Pozo Saloon which is 6 miles away. Pozo has a small Farmers market to enjoy on Sunday's.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.2 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,508 | 1,904.2 |
| Lot Size | 435,600 | 4,955,498.76 |
| Price | $998.0K | $1.05M |
| Price per sq ft | $398 | $635 |
| Built year | 2007 | 1964 |
| HOA | $0 | $0 |
| Days on market | 5 | 218 |
Oct 19, 2026
$998,000
Initial Listing
Jan 17, 2007
$442,000
Public Record
Jan 19, 2005
$190,000
Public Record