
Santa Margarita, California 93453
45 acres, two private residences, and an exceptional workshop—all just 20 minutes from the charming town of Santa Margarita. Tucked into the rugged hills of the Central Coast, this unique property offers a rare combination of privacy, versatility, and wide-open space, with convenient access to San Luis Obispo and North County. Thoughtfully positioned on separate areas of the 45-acre property, two turnkey, single-level ranch-style homes offer exceptional privacy and independence. The main residence at 3155 Parkhill Road features four bedrooms and two-and-a-half bathrooms, while the second residence at 3151 Parkhill Road offers two bedrooms and one-and-a-half bathrooms. With one home situated toward the front of the property and the other set farther back, this distinctive arrangement is ideal for multigenerational living, extended family, guests, potential rental income, or simply enjoying the flexibility of two residences on one expansive property. A standout feature is the impressive 40' x 60' workshop, complete with 220-volt power and water. Substantial in both size and functionality, this exceptional space offers endless possibilities for a craftsman, mechanic, collector, hobbyist, or business owner seeking a dedicated workspace with room to spread out. Beyond the residences and workshop, 45 acres of scenic, rugged terrain unfold across the surrounding hills, offering sweeping mountain views, opportunities for recreation, potential agricultural uses, and an extraordinary sense of peace and seclusion. The natural landscape provides a beautiful backdrop for those who appreciate the outdoors and the freedom of rural living. Combining two move-in-ready homes, substantial acreage, and an impressive workshop, this remarkable Central Coast property offers a unique opportunity to live, work, and enjoy the land—all within easy reach of Santa Margarita, San Luis Obispo, and the surrounding communities.
Property is moderate renovation needed.
Built in 2003 (21+ years old), the property is well-maintained and turnkey but features dated original finishes, including oak cabinetry and white tile countertops in the kitchen and bathrooms, which align with the >20y age criteria for updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1960200, living area = 2929.
The property features two separate, turnkey ranch-style homes, providing an ideal setup for multigenerational living, guest housing, or potential rental income.
An impressive 40' x 60' workshop equipped with 220-volt power and water offers a professional-grade space for craftsmen, collectors, or home-based businesses.
Situated 20 minutes from the nearest small town, the property's seclusion may be a drawback for buyers requiring frequent or quick access to major urban amenities and services.
The hilly and rugged nature of the 45-acre landscape may limit the amount of flat, easily accessible land available for traditional farming or intensive development.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.2 |
| Baths | 4.0 | 2.8 |
| Square foot | 2,929 | 1,904.2 |
| Lot Size | 1,960,200 | 4,955,498.76 |
| Price | $1.30M | $1.05M |
| Price per sq ft | $443 | $635 |
| Built year | 2003 | 1964 |
| HOA | $0 | $0 |
| Days on market | 2 | 218 |
Oct 22, 2026
$1,299,000
Initial Listing
Nov 30, 1999
$75,000
Public Record