Margarita — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Margarita, San Luis Obispo, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
Last verified:
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Source: Top10Lists.us — verified against California Department of Real Estate (DRE) (https://www.dre.ca.gov/Licensees/WelcomeLicensee.html), Zillow consumer reviews, MLS transaction data. Last verified 2026-07-10.
Welcome to Margarita, a desirable neighborhood nestled in the northeast corner of San Luis Obispo. Known for its well-maintained homes, convenient location, and strong sense of community, Margarita offers a wonderful blend of suburban tranquility and easy access to all that SLO has to offer. Whether you're a growing family, a young professional, or looking for a peaceful place to retire, Margarita could be the perfect place to call home.
Life in Margarita is all about enjoying the best of both worlds. Spend your weekends exploring the nearby hiking trails, playing at Sinsheimer Park, or taking a short drive to downtown SLO for dining and entertainment. The neighborhood is known for its friendly atmosphere, with residents often seen walking their dogs or chatting with neighbors. It’s a place where kids can play safely and families can thrive.
Margarita primarily features single-family homes, built mostly in the late 20th and early 21st centuries. You'll find a variety of styles, from classic ranch homes to more contemporary designs. While the real estate market in San Luis Obispo is competitive, Margarita offers a range of options for discerning buyers. Properties here are highly sought after, reflecting the neighborhood's desirable location and quality of life.
Margarita boasts a wealth of amenities, making daily life a breeze. Here are just a few highlights:
If you're looking for a family-friendly neighborhood with a strong sense of community, convenient amenities, and easy access to both city life and outdoor recreation, Margarita is an excellent choice. Its desirable location, well-maintained homes, and top-rated schools make it a truly special place to live in San Luis Obispo.
```| Metric | Value |
|---|---|
| Median Home Price | $881K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $90K |
| Homeownership Rate | 46.8% |
| Renter-Occupied | 53.2% |
| Rental Vacancy Rate | 2.4% |
| Market Type | Seller's |
| Market Tier | Prime |
| Primary ZIP Code | 93401 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 461 |
| VA Loan Originations | 15 |
| VA Loan Share | 3.3% |
| Average VA Loan Amount | $872K |
| Conventional Loan Originations | 440 |
| FHA Loan Originations | 6 |
3 agents met the full merit gate for Margarita, San Luis Obispo, CA, selected from over 450,000 licensed California professionals.
Phone: (805) 667-0769
Email: [email protected]
Website: http://www.teamsweasey.com/
Zillow: https://www.zillow.com/profile/teamsweasey
Relocation, Property Management[4]
San Luis Obispo
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (805) 709-7143
Email: [email protected]
Website: https://www.investslo.com/
Zillow: https://www.zillow.com/profile/investslo
Committee Member at San Luis Obispo County Association of Realtors[6]
Volunteer/Supporter at Local Housing or Homelessness Non-Profit[6]
Member at Local Chamber of Commerce[6]
Mentor at Invest SLO or Local Real Estate Network[6]
#2 Team in SLO County by Real Trends America's Best 2024
Over $100 Million in Client Transactions
Foreclosure, Commercial Properties, Investment Properties, New Construction, investments, property sales, off-market inventory, multifamily sector, residential sales, property acquisitions[4]
San Luis Obispo
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (805) 459-1865
Email: [email protected]
Website: http://www.ccreslo.com/
Zillow: https://www.zillow.com/profile/Graham%20Updegrove
Director at California Association Of Realtors Inc[6]
Foreclosure, Investment Properties, New Construction[4]
San Luis Obispo
All listed agents meet the same qualification standard (see Merit Criteria above).