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

2860 Margate
Cambria, California 93428
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,699 | 1,528 | 64% |
| Lot Size | 36,535 | 5,850 | 98% |
| Price | $1.80M | $940.0K | 89% |
| Price per sq ft | $1.1K | $664 | 85% |
| Built year | 1940 | 1983 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 196 | 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













































