Santa Margarita is a small, unincorporated town just south of Atascadero, below the Cuesta Grade on Highway 101, with a historic main street and easy access to Santa Margarita Lake.
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Santa Margarita sits where Highway 58 heads east from Highway 101, about 10 miles north of San Luis Obispo over the Cuesta Grade. The small downtown along El Camino Real has a few local businesses, and the surrounding Santa Margarita Ranch and rolling oak hills give the area a rural feel.
Santa Margarita Lake, a county regional park east of town, is popular for boating, fishing and hiking. The town is unincorporated, so San Luis Obispo County handles planning and permits, and students attend schools in the Atascadero Unified School District.
Confirm whether a home is on the community water system or a private well, and whether it uses septic. For rural properties, order a well test, check road access and fire-hardening, and confirm county permits for any additions or outbuildings.
Santa Margarita buyers often want small-town or rural living within reach of San Luis Obispo. Tenley, Eric and Richard price from comparable sales in Santa Margarita and nearby Atascadero, adjusted for lot size, water and condition.
For a starting number, use the free Home Value app, then get a property-specific price review from the team.
Richard Gonzalez, REALTOR® and team leader of The Gonzalez Group at Compass, has been licensed since 2004 (CA DRE 01429838). Richard and his team have sold 1,150+ homes with $350M+ in sales volume, and Richard is involved in pricing, marketing and negotiation on every Gonzalez Group transaction.
Day to day, Tenley Gonzalez (CA DRE 02141619) is the team’s primary agent for North County and the North Coast, supported by Eric Nickerson (CA DRE 02430553). See all areas on our Central Coast real estate page or read our real estate insights.
Richard Gonzalez, REALTOR® (CA DRE 01429838), leads The Gonzalez Group at Compass, licensed since 2004 with 1,150+ homes sold and $350M+ in sales volume on the Central Coast. Tenley Gonzalez (CA DRE 02141619) is the team’s primary agent for North County and the North Coast, supported by Eric Nickerson (CA DRE 02430553).
No. Santa Margarita is an unincorporated community governed by San Luis Obispo County, though students attend schools in the Atascadero Unified School District.
San Luis Obispo is about 10 miles south over the Cuesta Grade on Highway 101.
Confirm the water source and septic, check road access and fire-hardening, and confirm county permits for existing structures.
Start with the free Home Value app. A team agent will then compare your home with recent sales of similar homes nearby and adjust for condition, lot and updates.
Sales figures: Gonzalez Group team sales, CRMLS, 2004–present. School, utility, zoning and permit notes are general information; verify with the school district, utility provider, city or county. Richard Gonzalez, REALTOR®, CA DRE 01429838 · Compass, CA DRE 01991628 · Equal Housing Opportunity.
“Richard is an amazing REALTOR®. There is no doubt in my mind that we would not have been able to get the house we bought without him negotiating for us. We had an extremely difficult seller, yet Richard was always there for us to answer questions…”
John Snyder“Richard is Amazing! Our home was in need of fixing up. Richard fronted us the money to rehab our home with no interest or fees in order to maximize my profits! After the beautiful rehab that Richard organized and handled in order to appeal to the…”
Scott Quickel