22937 I Street Unique Lifestyle and Development Opportunity This approximately 8-acre property backs to the expansive Santa Margarita Ranch, offering privacy, open space, and a truly special setting. An existing single-level, ranch-style residence of approxi-mately 2, 300 square feet sits on a one-acre parcel and features three bedrooms, two bathrooms, thoughtful updates, a pool, a horse barn, and paddocks. The remaining acreage is zoned for one-acre parcels. Upon finalization of the subdivision map, the property will consist of six one-acre lots, with five currently undeveloped, providing the rare opportunity to reside in the existing home while developing and building the remaining homesites. A compelling blend of immediate enjoyment and future potential in one of Santa Margarita’s most desirable locations.