Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Santa Margarita Ranch Land Opportunity Title is generated by Realmo AI

    0 Lot 27 The Preserve, Santa Margarita, CA 93453

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 0 Lot 27 The Preserve, Santa Margarita, CA
    Pending
    $815,000

    Land/Lot - Santa Margarita, CA

    Lot size:
    69,260.40 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    54
    Last Refresh:
    May 23 at 12:06 pm

    Property Features for 0 Lot 27 The Preserve

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Unkown
    Exterior features
    Community Features Included: Rural, Hiking, Foothills
    Standard status
    Pending
    Lot size
    69,260.40 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Souza

    Listing agent John Souza License #01239099

    Listing office Central Coast Sotheby's International Realty 711 Tank Farm Road #100, San Luis Obispo, CA

    Listing date Mar 31, 2026

    MLS# PI26069433 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • One to two acre homesites in a luxury custom home community
    • Located within a historic working ranch and vineyard, developed by Robert Mondavi
    • Over 3,600 acres of permanently protected ranchland ensuring open space and natural character
    • Conveniently located 10 miles from San Luis Obispo and moments from Highway 101
    • Modern conveniences including fiber optic internet, natural gas, water service and paved roads
    • 20 minutes from San Luis Obispo County Regional Airport with direct flights to major cities

    Overview

    This property represents an opportunity to build a custom home within The Preserve at Santa Margarita Ranch, a luxury community set in a historic California location. The available homesite, spanning 1.59 acres, offers a blend of views and privacy. The community is thoughtfully planned and features homesites ranging from one to two acres, situated among vineyards, oak woodlands, and mountain views. Over 3,600 acres of permanently protected ranchland surround the area, preserving its open space. Residents can enjoy the tranquility of nature while remaining connected to the Central Coast. Located within one of California’s oldest continually operated cattle ranches and vineyard grounds, The Preserve is approximately 10 miles from San Luis Obispo, near Highway 101, and centrally positioned between Northern and Southern California. The San Luis Obispo County Regional Airport is about 20 minutes away, providing direct flights to cities including Los Angeles, San Francisco, Dallas, and Seattle. Modern conveniences such as fiber optic internet, natural gas, water service, and paved roads are available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Santa Margarita
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.021
    Latitude
    35.235

    Nearby Similar for Sale

    • $53,750

      Santa Margarita Vacant Land

      5.42 acres of vacant land with running creek.
      0000 Belmont Trail, Santa Margarita, CA 93454
      View Details
    • $949,000

      Santa Margarita Ranch Land Opportunity

      1.68-acre homesite in a custom home community.
      0 Lot 3 The Preserve, Santa Margarita, CA 93453
      View Details
    • $9,500

      Santa Margarita Land For Sale

      2.5-acre parcel in a remote, peaceful setting with stunning views.
      Burney Road, Santa Margarita, CA 93453
      View Details
    • $150,000

      Santa Margarita Land Parcel

      24.32 acre parcel ideal for agricultural or recreational use.
      0 Parkhill Road, Santa Margarita, CA 93453
      View Details
    • $800,000

      Santa Margarita Ranch Land Opportunity

      Luxury homesite with views and privacy in a vibrant community.
      0 Lot 19 The Preserve, Santa Margarita, CA 93453
      View Details
    • $11,500

      Santa Margarita Land For Sale

      2.5 acre commercial land in Santa Margarita, California.
      0 7 Mile Rd, Santa Margarita, CA 93453
      View Details
    • $8,500

      California Valley Vacant Land Parcel

      2.4± acre vacant land parcel in California Valley.
      0 Bellflower Road, Santa Margarita, CA 93453
      View Details
    • $19,216

      Santa Margarita Land for Sale

      2.5 acre lot suitable for residential or agricultural use.
      0 Atolia Road, Santa Margarita, CA 93453
      View Details
    • $649,000

      Santa Margarita Ranch Land Opportunity

      Luxury homesite in a private, scenic community.
      0 Lot 9 The Preserve, Santa Margarita, CA 93453
      View Details
    • $749,000

      Santa Margarita Ranch Land Opportunity

      Luxury homesite on a 1.04-acre lot with views and privacy.
      0 Lot 21 The Preserve, Santa Margarita, CA 93453
      View Details
    • $799,000

      Land in Santa Margarita Ranch

      Luxury homesite with views and privacy in Santa Margarita.
      0 Lot 20 The Preserve, Santa Margarita, CA 93453
      View Details
    • $40,000

      2.5 Acres Westside Land Parcel

      2.5 acre parcel with utilities, suitable for various uses.
      11395 Dixon Trl, Santa Margarita, CA 93453
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Luxury homesite in a thoughtfully planned community with natural beauty.
    Where is this residential land & home lot located?
    The property is located at 0 Lot 27 The Preserve Santa Margarita, CA.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: One to two acre homesites in a luxury custom home community; Located within a historic working ranch and vineyard, developed by Robert Mondavi; Over 3,600 acres of permanently protected ranchland ensuring open space and natural character
    (805) 305-1950
    We can help!
    Listing Contact
    John Souza
    Real Estate License ID: 01239099
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0 Lot 27 The Preserve, Santa Margarita, CA 93453
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!