12900 Soda Lake Road, Santa Margarita
Santa Margarita Home For Sale
"Own the Town " Financing Available from Seller for Qualified Buyer's with strong Offers!! Here’s your chance to own the only commercial site and facilities in the entire Carrizo Plains. The town consists of 8.7± acres of commercial land and 31± acres of Ag land surrounding the commercial site. Soda Lake City in California Valley is located 1.3± miles south of Hwy 58 on both sides of Soda Lake Road. Soda Lake Rd crosses Hwy 58 at a point, which is 47± miles east of Hwy 101 and 45± miles west of Hwy 5 and is more than 40 miles away from any town or commercial services. This commercial site consists of a 20-unit Lodge/Motel with a one-bedroom manager's apartment for a total of (7,500± sq. ft.), a restaurant, and store, (5,000 SF) and a service station (1,500± sq. ft.). All of these Buildings are operational(except the gas station). Included in the sale are two (never used) uninstalled Prefab Fast Food Restaurant buildings purchased in 2002. The town was completed in the early 1970’s along with the subdividing of 25,000± acres next to the town offering 7,500 -2.5± acre residential parcels. All of the town's buildings have been totally remodeled and updated to county health and fire department codes at a cost of more than $1,200,000.00 in 2011, along with additional upgrades. The well that serves the town is 475± ft. deep and produces approximately 150 gpm of drinking water. Contact us today to discuss seller financing options.
Property Details
Additional Information
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- City:
- Santa Margarita
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- County:
- San Luis Obispo
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- Zip:
- 93453
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- MLS® #:
- NS23059212
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- Lot Size:
- 40.00
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- HOA Dues:
- $
Price Change History for 12900 Soda Lake Road, Santa Margarita, (MLS® #NS23059212)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $2,300,000 | $200,000 (8.00%) | |
| Price Reduced | $2,500,000 | $300,000 (10.71%) | |
| Price Reduced | $2,800,000 | $400,000 (12.50%) | |
| Price Reduced (from $3,500,000) | $3,200,000 | $300,000 (8.57%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 13th, 2024 at 12:53pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.