2860 Margate, Cambria, California 93428, Cambria, 93428 - 3 bed, 3 bath

2860 Margate, Cambria, California 93428 home-pic-0

2860 Margate

Cambria, California 93428

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
1,699Sq Ft
36,535Lot Size

Property Price

LIST PRICE$1,799,000

SUMMARY

Analysis of 2860 Margate, Cambria, California 93428 is currently available with a list price of $1,799,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Cambria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1940, this property has been fully reimagined and comprehensively renovated within the last 5 years. The renovation includes high-end artisanal finishes, a new metal roof, updated electrical and plumbing systems, a remodeled kitchen and bathrooms, and modern infrastructure like a tankless water heater and new HVAC systems, placing it in like-new condition.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36535, living area = 1699.

  • Artisanal Renovation & Design

    Expertly reimagined by Hall Pardoe Design, the home features high-end artisanal finishes including vaulted cedar ceilings, custom-stained floors, and IPE decking that seamlessly blend French-inspired charm with modern luxury.

  • Rare Multi-Lot Sanctuary

    Situated on an expansive 36,535 square foot lot, this property offers a rare level of privacy and space in the Lodge Hill area, providing a secluded forest retreat that is exceptionally difficult to find in Cambria.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =36535, other record lot size in square feet = 13185.

  • Premium Price per Square Foot

    At a listing price of $1.799M for 1,699 square feet, the property commands a significant premium that may challenge buyers looking for more interior living space at this price point.

  • Maintenance-Intensive Grounds

    The expansive, wooded multi-lot setting requires ongoing attention to landscaping and fire-clearance mandates, which may represent a higher maintenance burden compared to standard-sized parcels.

About 2860 Margate

Tucked into a magical setting, this French-inspired retreat is a rare, fully reimagined property blending old-world charm with exceptional craftsmanship and modern amenities. Thoughtfully redesigned by Hall Pardoe Design, the home evokes French countryside romance while offering today’s comforts, all within a private, multi-lot sanctuary in Cambria. The main house and cottage have been comprehensively upgraded, beginning with essential structural and exterior improvements, including regraded drainage, new metal roofs, and re-stuccoed exteriors with integrated color for lasting beauty without repainting. Fresh interior and exterior paint throughout enhances every space, while new French doors in the dining room open to expansive IPE decks off the dining room, guest bedroom, and primary suite—ideal for morning coffee, sunset dining, and peaceful outdoor living. Inside, the home has been opened and refined with intention. The remodeled and extended kitchen, updated bathrooms, and newly opened wall between the living and dining rooms enhance light and flow. All drywall in both structures has been resurfaced and retextured; doors, woodwork, and floors have been stripped, bleached, custom-stained, and refinished for a cohesive, artisanal feel. Vaulted cedar ceilings crown the living room, library/TV room, primary suite, bath, and closets, with walk-in closets in both the guest and primary bedrooms. Finishing details include custom oil-rubbed Reggio floor registers and Rejuvenation push-button dimmers with antique bronze plates. Modern infrastructure discreetly supports the romance, including reworked electrical systems, a relocated exterior panel, new kitchen sub-panel, Navien tankless water heater, soft water system, and dedicated mechanical and internet hub. Additional upgrades include air conditioning and updated heating in the main house, gas heat in the cottage, reverse osmosis filtration, new washer and dryer, and gas lines to an exterior fire table and barbecue.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
36,535 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
57%
Square foot1,6991,528
64%
Lot Size36,5355,850
98%
Price$1.80M$940.0K
89%
Price per sq ft$1.1K$664
85%
Built year19401983
4%
HOA$0$0
50%
Days on market14196
2%

Pricing History

Listed for Sale

Feb 21, 2026

$1,799,000

Initial Listing

Sold

May 17, 2019

$748,000

Public Record

Sold

Dec 7, 2006

$155,000

Public Record

Sold

Jul 6, 1998

$39,500

Public Record

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