San Luis Obispo, CA - Margarita — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for San Luis Obispo, CA - 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.
Margarita is a residential neighborhood located in the northern part of San Luis Obispo, California. It offers residents a suburban feel within close proximity to the amenities of a vibrant college town and the natural beauty of the Central Coast. The area is characterized by a mix of housing styles and convenient access to major roadways.
The neighborhood provides a quiet, family-friendly atmosphere with easy access to shopping and dining. Residents enjoy nearby retail centers and are a short drive from downtown San Luis Obispo's famous farmers' market, restaurants, and cultural events. Outdoor recreation is readily available with parks and hiking trails in the surrounding hills.
The real estate market in Margarita is active, with a median home value of $880,900 and a median price per square foot of $684.79. Homes typically sell after an average of 92 days on the market, and the homeownership rate in the area is 47%. The median monthly rent is $1,781, reflecting the high demand for housing in San Luis Obispo County.
Families in the Margarita area are served by the San Luis Coastal Unified School District, which is known for its strong academic programs. The neighborhood's proximity to California Polytechnic State University, San Luis Obispo (Cal Poly) adds a collegiate energy and provides cultural and educational resources to the broader community.
Margarita is conveniently situated near Highway 101, providing straightforward commuter access to other parts of San Luis Obispo and the Central Coast region. The neighborhood is primarily designed for car travel, but bike lanes and sidewalks support local mobility. Public bus service through the SLO Regional Transit Authority connects residents to downtown, Cal Poly, and other key destinations.
Margarita is an ideal choice for those seeking a quieter suburban lifestyle while staying connected to the dynamic heart of San Luis Obispo. With a median household income of $89,962, the area offers a balance of affordability relative to the broader coastal California market. It appeals to families, professionals, and anyone who values a community-oriented neighborhood with excellent central coast access.
| 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 | Ultra-Luxury |
| Primary ZIP Code | 93401 |
3 agents met the full merit gate for San Luis Obispo, CA - 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).