Views
Address
7575 Carrisa Highway, Santa Margarita, CA
Price
$ 2,550,000
Property Attributes
  • MLS#NS22055552
  • TypeSingle Family
  • CountySAN LUIS OBISPO
  • CitySanta Margarita
  • AreaSanta Margarita
  • NeighborhoodSanta Margarita Rural
  • Zip93453
  • StyleCottage
  • Price$ 2,550,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1460
  • Lot Size106 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Property: This 106+ acre AG zoned ranch can be fully self-contained as it has solar in place, it's own producing well and septic (but also has full power connected by PG&E). Well last tested at 10 gpm with great recovery and depth (well pump is independently solar powered). Pristine California ranch land for cattle, horses, farming or just a good size property to get away from the city. Home and Barn: The property has a nearly 1500sf home and over 2000sf barn built with the environment in mind using hay bail construction which makes both structures not only conforming to the landscape but functional to the temperate weather. The home has 1 bed and 1/2 bath upstairs and 1 bed and full bath downstairs. The open concept kitchen and living area boasts upgraded appliances, custom concrete countertops and flooring and wood accents and stairs made from reclaimed wood from Cal Poly gymnasium bleachers. This is an amazing, tranquil and beautifully placed property in the highlands of SLO county. Business: The property and associated cannabis business (included) has been approved by the state and county for a 10000sf mixed-light grow and includes the buildings for that purpose which need to be built and county permitted. The county has also approved the property for another 12000sf of mixed light and 3 acres of outdoor cultivation, plus nursery, processing, manufacturing and transportation of cannabis. The site plans include one acre of outdoor cultivation; 22,000 square feet of indoor cannabis cultivation within three new greenhouses of 10,080 square feet each; a 7,150-square-foot microbusiness building with 1750 square feet allocated to cannabis processing, 600 square feet allocated to a nursery, 600 square feet allocated to non-volatile cannabis manufacturing; and the remainder of the space to be used for an office, restrooms, storage of equipment and cannabis waste storage. The site plans also include installation of four 10,000 gallon water storage tanks for irrigation use and fire suppression and installation of a 100 square foot water pump house. The project would use an existing well for water supply. The plans for security and odor management are robust and included in the purchase. Location: The ranch is located approximately 40 minutes off the 5 Freeway and 90 minutes off Highway 101, in a remote but accessible location, ideal for cultivation and transport of cannabis. Property is fully fenced and easily accessed just off Hwy 58.

Price History
3/21/2022 Listed $2,800,000
5/12/2022 9% - $2,550,000

General Features

Appliances Built-In Range
Architectural Style Cottage
Community Features Foothills, Hiking, Horse Trails, Hunting, Near National Forest, Preserve/Public Land, Rural, Valley
Construction Materials Adobe, Stucco, Straw
Cooling None
Heating Radiant
High School District Atascadero Unified
Interior Features Bedroom on Main Level, Jack and Jill Bath, Loft
Levels Two
Listing Agent Ted Gillan - BRE#01486659
Listing Agent State License 01486659
ListingTerms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Lot Size Square Feet 4617360
MLS Area SMRG - Santa Margarita
Other Structures Barn(s), Greenhouse
Pool Features None
Property Condition Turnkey
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N No
Sewer Septic Type Unknown
Special Listing Conditions Standard
Status Active
Stories 2
Structure Type House
Subdivision Name Santa Margarita Rural(80)
Total Units 1
Utilities Electricity Connected, Propane, Water Available
View Hills, Panoramic, Valley
View Y/N Yes
Virtual Tour https://youtu.be/gK87f1RC7RU
Virtual Tour https://youtu.be/gK87f1RC7RU
Zoning AG

Interior Features

Common Walls No Common Walls
Fireplace Features None
Flooring Concrete
Full Baths 1
Half Baths 1
Heating Y/N Yes
Laundry Features None
Main Level Bathrooms 1
Main Level Bedrooms 1
Total Baths 2
Total Bedrooms 2

Exterior Features

Living Area 1460
Fencing Barbed Wire, Chain Link
Foundation Details Slab
Horse Amenities Riding Trail
Horse Y/N Yes
Lot Features Agricultural, Corners Marked, Desert Front, Gentle Sloping, Horse Property, Lot Over 40000 Sqft, No Landscaping, Over 40 Units/Acre, Ranch, Secluded
Lot Size Acres 106
Lot Size Area 4617360
Lot Size Source Assessor
Lot Size Units Square Feet
Road Frontage Type Highway
Road Surface Type Maintained, Paved
Water Source Well

Room Details

Room Dimensions Level Flooring Details
Bathroom
Bedroom
Living Room
Loft

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 93453

Price
AVG $940K
$2.55M
Visits
AVG 63
448
Year Built
AVG 1988
2008

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