9031 Tassajara Creek Road, Santa Margarita, California 93453, Santa Margarita, 93453 - 5 bed, 3 bath
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Santa Margarita, California 93453
Analysis of 9031 Tassajara Creek Road, Santa Margarita, California 93453 is currently available with a list price of $875,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Margarita 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.
Property is moderate renovation needed.
Built in 1995, the property is well-maintained and functional but shows clear signs of its age with mostly original finishes. The kitchens and bathrooms feature dated cabinetry, older appliances, and traditional light fixtures consistent with mid-90s construction. While the home is move-in ready and shows pride of ownership, it lacks the modern renovations required for a higher rating, fitting the criteria for a property that is aged but maintained through regular upkeep.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 914760, living area = 2450.
The property features two distinct residences with separate garages, offering an ideal setup for multigenerational living, guest accommodations, or potential rental income.
Situated on over 20 acres of serene countryside with a seasonal creek and mature trees, providing exceptional privacy and a tranquil retreat just 20 minutes from San Luis Obispo.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 1526. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The vast 21-acre lot and presence of a seasonal creek may require significant ongoing maintenance and wildfire vegetation management typical of rural California properties.
With a combined 2,450 square feet split between two separate homes and five bedrooms, the individual living areas may feel relatively small for a property of this scale.
Rare Dual-Home Opportunity in the Serene Valley of Tassajara Creek Nestled in the tranquil valley along Tassajara Creek Road, this exceptional property offers a rare chance to own two homes just 20 minutes from San Luis Obispo and a mere 6-minute drive from Highway 101. Surrounded by mature trees, seasonal creek sounds, and expansive open space, this property offers privacy, potential, and peaceful rural living with convenient access to the Central Coast's amenities. The combined living space of over 2,400 square feet features a total of 5 bedrooms and 3 bathrooms across the two residences: Main home includes 3 bedrooms and 2 baths, with a spacious kitchen, open living and dining areas, and a two-car garage. The primary suite opens directly to the backyard through glass sliders; offering serene views and the soothing sound of the creek just beyond. The second home offers 2 bedrooms and 1 bath, a generous front deck perfect for relaxing, and its own separate two-car garage; ideal for extended family, guests, or rental income. In addition to the two homes, there is a third detached garage that presents an opportunity for use as a workshop, artist studio, or additional storage. Whether you're seeking a multigenerational living setup, a live-in with rental income opportunity, or simply a retreat from city life, this unique property offers it all. Don’t miss your chance to own a truly special slice of Central Coast countryside. Come experience the quiet beauty of Tassajara Creek for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 2,450 | 1,509 | 75% |
| Lot Size | 914,760 | 112,820.5 | 58% |
| Price | $875.0K | $882.5K | 50% |
| Price per sq ft | $357 | $494 | 33% |
| Built year | 1995 | 1989 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 272 | 182 | 83% |
Jul 24, 2025
$875,000
Initial Listing