The Best Hotels Closest to Santa Margarita Lake in Santa Margarita - 2026 Updated Prices

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Our top choices for Santa Margarita Lake hotels

A Holiday Inn Express & Suites building with a covered entrance, large windows, and a brick facade.

A minibar with snacks and beverages, a refrigerator stocked with drinks, and a wooden panel wall.

A modern lobby with seating, a fireplace, and potted plants.

A hotel room with a kitchenette, a bed, a sofa, and a dining table.

1. Holiday Inn Express Hotel & Suites Atascadero by IHG

22 km from Santa Margarita Lake

Linda

฿3,259

฿3,715 total

includes taxes & fees

5 Oct - 6 Oct

A modern kitchen with a wooden clock, grey cabinets, and a small island. There are two armchairs with cushions, a small table with a plant, and a window with a view of the street.

A hotel room with two beds, a desk, a TV, and a painting on the wall.

A bathroom with a large mirror, a sink, a toilet, and a hairdryer.

A Vagamond Inn with a large sign, a modern building, and landscaped garden.

2. Vagabond Inn San Luis Obispo

19.4 km from Santa Margarita Lake

Cameron

฿1,644

฿2,261 total

includes taxes & fees

4 Oct - 5 Oct

A hotel with multiple buildings, green roofs, and outdoor seating areas.

A kitchen with a wooden cabinet, a coffee maker, a lamp, and a window with blinds.

A hotel with a large pool, outdoor seating, and a mountain backdrop.

A spacious living room with a blue sofa, patterned armchair, and a coffee table with a vase of red flowers.

3. Apple Farm

16.1 km from Santa Margarita Lake

Griselda

฿3,061

฿3,855 total

includes taxes & fees

7 Sept - 8 Sept

A brick-paved entrance with a green door, white columns, and a covered porch.

A bedroom with a large bed, a dresser, a vanity, and a window with a view of greenery.

A garden street inn with a red awning, a bench, and a well-maintained garden.

A cozy living room with a fireplace, a bookshelf filled with books, a comfortable armchair, and a dining area with a table and chairs.

4. Garden Street Inn, A Kirkwood Collection Hotel

17.6 km from Santa Margarita Lake

Alejandro

฿3,253

฿3,692 total

includes taxes & fees

21 Sept - 22 Sept

A hotel room with a bed, bedside tables, a desk, and a chair.

A building with a stone facade, a glass entrance, and a sign indicating a vacancy.

A waiting area with two patterned chairs, a small table, and a reception desk.

A sign for Avenue Inn Downtown with a vacancy message.

5. Avenue Inn Downtown San Luis Obispo

18.3 km from Santa Margarita Lake

Luis

฿2,765

฿3,138 total

includes taxes & fees

7 Sept - 8 Sept

A spacious outdoor seating area with wicker furniture and turquoise cushions, overlooking a white building with teal accents.

A pool area with wicker furniture and umbrellas, surrounded by a white building with balconies.

A buffet area with various food items and a coffee station.

A spacious lobby with a fountain, seating area, and a reception desk.

6. Quality Suites Downtown San Luis Obispo

16.5 km from Santa Margarita Lake

Martin

฿4,316

฿5,730 total

includes taxes & fees

13 Sept - 14 Sept

A modern outdoor lounge area with a fireplace, seating, and a glass railing overlooking a cityscape.

A modern bar area with a central counter, bar stools, and shelves stocked with bottles and glasses.

A modern living room with a sectional sofa, glass coffee tables, and a large abstract painting.

A rooftop pool area with a view of a mountain, a staircase, and outdoor seating.

7. La Quinta Inn & Suites by Wyndham San Luis Obispo Downtown

16.3 km from Santa Margarita Lake

MONICA

฿4,606

฿5,237 total

includes taxes & fees

14 Sept - 15 Sept

A modern living room with leather sofas, a glass coffee table, and a large window.

A sign for La Cuesta Inn indicating a vacancy.

A modern restaurant with outdoor seating, large windows, and a minimalist interior design.

A multi-story hotel with a red roof, surrounded by greenery and a mountain in the background.

8. La Cuesta Inn, BW Signature Collection

16.1 km from Santa Margarita Lake

Mark

฿3,526

฿4,001 total

includes taxes & fees

13 Sept - 14 Sept

A modern hotel entrance with a covered walkway, stone pillars, and a bench.

A hotel room with a bed, a TV, a desk, and a chair.

A hotel reception area with a dark reception desk, a counter with a coffee machine, and a seating area with a table and chairs.

A hotel bathroom with a granite countertop, a sink, a mirror, a coffee maker, and a trash can.

9. Hampton Inn & Suites San Luis Obispo

20.8 km from Santa Margarita Lake

Kristin

฿3,752

฿4,266 total

includes taxes & fees

27 Sept - 28 Sept

A modern living room with green sofas, a fireplace, and a large bookshelf filled with books.

An outdoor patio with hexagonal tiles, wooden benches, and tables with chairs. There are string lights overhead and a fire feature in the center.

A modern reception area with a wooden reception desk, a hanging light fixture, and a seating area with a wicker chair.

A spacious lobby with a wooden reception desk, a large seating area, a hanging chair, and a bookshelf filled with books.

10. The Wayfarer San Luis Obispo, Tapestry Collection by Hilton

16.3 km from Santa Margarita Lake

Mario

฿4,022

฿4,573 total

includes taxes & fees

27 Sept - 28 Sept

A modern bar area with a long counter, multiple bar stools, and a high ceiling with exposed beams.

A modern hotel with a sign reading "Embassy Suites" and a covered entrance.

A spacious lobby with a high ceiling, a central seating area with sofas and armchairs, and a large hanging light fixture.

A spacious indoor dining area with a long table, multiple chairs, hanging pendant lights, and potted plants.

11. Embassy Suites by Hilton San Luis Obispo

19.5 km from Santa Margarita Lake

Elisabeth

฿4,292

฿4,880 total

includes taxes & fees

27 Sept - 28 Sept

A dining area with tables and chairs, a ceiling fan, and a Christmas tree.

A hotel room with two beds, a desk, a chair, and a television.

A reception desk with a stone facade, a clock, and a sign reading "UNIVERSITY INN".

A white building with a tiled roof and a number '1772' on the facade.

12. University Inn

16.3 km from Santa Margarita Lake

Lonyatta

฿1,827

฿3,008 total

includes taxes & fees

7 Sept - 8 Sept

An outdoor patio with striped umbrellas, wicker furniture, and potted plants.

A hotel room with a bed, a sofa, a small table, a chair, a TV, and a mirror.

A building with a striped awning, a window with a shutter, and a sign that reads "MISE".

A kitchen with a white countertop, black cabinets, and a framed artwork above.

13. Petit Soleil

16.7 km from Santa Margarita Lake

Katelin

฿7,377

฿8,387 total

includes taxes & fees

28 Sept - 29 Sept

A kitchen with white paneled walls, a wooden countertop, a ceiling light fixture, a large white vase with dried plants, a woven basket, and a patterned rug on the floor.

A room with white paneled walls, a large window, two wicker chairs, a small table, a potted plant, and a hanging black beaded decoration.

A bedroom with a large bed, two smaller beds, a fireplace, and a view of the outdoors.

A room with a fireplace, a framed abstract artwork, a wicker chair, a small round table with a book, and a window with curtains.

14. San Luis Creek Lodge

16.2 km from Santa Margarita Lake

Lessette

฿4,755

฿6,006 total

includes taxes & fees

7 Sept - 8 Sept

An outdoor patio area with stone walls, wicker furniture, and a stone fire pit.

A townhouse-style hotel with a covered entrance, multiple windows, and a sign indicating it is a Marriott property.

A modern kitchen with a built-in microwave, stainless steel refrigerator, and a coffee maker.

A spacious dining area with a long wooden table and multiple chairs, large windows offering a view of the outdoors, and a wall-mounted artwork.

15. TownePlace Suites San Luis Obispo

20.3 km from Santa Margarita Lake

Jordan

฿4,016

฿4,566 total

includes taxes & fees

20 Sept - 21 Sept

An outdoor patio area with a fire feature, seating, and a bar area.

A reception desk with a modern design, a wall-mounted sign with illuminated letters, and potted plants.

A modern bar area with a central island, bar stools, and a view of the outside through large windows.

A modern restaurant interior with multiple dining areas, a bar, and a kitchen visible through the windows.

16. SpringHill Suites by Marriott San Luis Obispo

19.7 km from Santa Margarita Lake

Jennifer

฿4,839

฿5,502 total

includes taxes & fees

13 Sept - 14 Sept

A fire pit surrounded by outdoor seating, a pool, and a building with balconies.

A pier extending into the ocean at sunset with a clear sky.

A multi-story hotel with a covered courtyard, palm trees, and a sign reading 'Courtyard by Marriott.'

A modern living room with sofas, a glass coffee table, a flat-screen TV, and a bar area with stools.

17. Courtyard by Marriott San Luis Obispo

21.1 km from Santa Margarita Lake

Aila

฿4,444

฿5,053 total

includes taxes & fees

13 Sept - 14 Sept

A multi-story hotel with a central courtyard, balconies, and surrounding greenery.

A two-story house with a balcony, a staircase, and two lit windows.

A kitchen with a marble countertop, dark cabinets, a coffee station, and a fruit bowl.

A spacious living area with a leather sofa, a glass coffee table, and a view of a garden through large windows.

18. Hotel Buena Vista

16.2 km from Santa Margarita Lake

Jessie

฿3,185

฿3,615 total

includes taxes & fees

7 Sept - 8 Sept

A swimming pool with lounge chairs, a small chapel, and a waterfall.

A pool area with lounge chairs and umbrellas, a gazebo, and a waterfall.

A stone building with a tower, large windows, and a garden with rocks and flowers.

A cave-like interior with a red-framed window, stone walls, and a small table with a red object.

19. Madonna Inn

19.1 km from Santa Margarita Lake

Zoraida

฿4,905

฿6,688 total

includes taxes & fees

7 Sept - 8 Sept

A two-story motel with a sign reading "Mission Inn" and a parking lot with directional arrows.

A hotel room with a bed, bedside table, and a desk with a chair.

A spacious interior with a large window, a reception desk, and a tiled floor.

A modern bathroom with a large mirror, a sink, a microwave, and a refrigerator.

20. Mission Inn San Luis Obispo

16.2 km from Santa Margarita Lake

Veronica

฿2,644

฿3,375 total

includes taxes & fees

8 Sept - 9 Sept

View all properties

Compare popular hotels close to Santa Margarita Lake

Property	Property class	Guest rating
Holiday Inn Express Hotel & Suites Atascadero by IHG	9.4 Exceptional 1,004 reviews	View
Vagabond Inn San Luis Obispo	8.4 Very good 1,374 reviews	View
Apple Farm	9.0 Wonderful 1,655 reviews	View
Garden Street Inn, A Kirkwood Collection Hotel	9.2 Wonderful 846 reviews	View
Avenue Inn Downtown San Luis Obispo	9.0 Wonderful 1,372 reviews	View

Top Santa Margarita Lake Hotel Reviews

Quality Suites Downtown San Luis Obispo

10/10 Excellent

"They are great!"

Apple Farm

10/10 Excellent

"Lovely property. VERY nice room. Comfortable bed. Nice bathroom. Wonderful staff. Convenient location."

Motel 6 San Luis Obispo, CA - South

10/10 Excellent

"Great staff!"

Vagabond Inn San Luis Obispo

8/10 Good

"Parking was easy. Location was convenient. Take the bicycle path through the Madonna inn for a scenic walk to downtown."

The Wayfarer San Luis Obispo, Tapestry Collection by Hilton

10/10 Excellent

"Great location, friendly staff and wonderful lobby, restaurant, bar and common areas"

Avenue Inn Downtown San Luis Obispo

10/10 Excellent

"Room was very clean, parking right out front and a short walk into downtown,"

Sands Inn & Suites

10/10 Excellent

"Went to see a band downtown. Easy walk and there were Cockatiels flying around!"

Olive Tree Inn & Suites, a Howard Johnson by Wyndham

10/10 Excellent

"Clean, easy, and wonderful ambience."

Studio 6 San Luis Obispo, Ca

10/10 Excellent

"Staff is very friendly. The guy at the front desk has checked me in before. Tried the studio room. It was nice to have the full-size refrigerator."

Other attractions near Santa Margarita Lake

Pozo Saloon

You can make plans for a show at Pozo Saloon during your trip to Pozo. While you're in the area, stroll along the lakeside.

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Ancient Peaks Winery

8.0/10 (11 reviews)

You can enjoy a tasting or tour at Ancient Peaks Winery during your travels to Santa Margarita. Visit the top-notch restaurants or wineries in this family-friendly area.

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Reservoir Canyon Trail

Enjoy a trip to Reservoir Canyon Trail and popular activities such as cycling in San Luis Obispo. Wander through the beautiful beaches and seaside in this family-friendly area.

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Mustang Waterpark

8.2/10 (12 reviews)

Bring the children to Mustang Waterpark and enjoy some excitement at this theme park in Arroyo Grande. Stroll along the beautiful beaches or discover the beautiful sunsets in this family-friendly area.

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Lopez Lake Recreation Area

8.4/10 (91 reviews)

Enjoy the beautiful sunsets and explore Lopez Lake Recreation Area, a lovely green space in Arroyo Grande. Wander through the beautiful beaches and seaside in this family-friendly area.

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Wolff Vineyards

You can enjoy a tasting or tour at Wolff Vineyards during your travels to San Luis Obispo. Wander the beautiful beaches or discover the beautiful sunsets in this family-friendly area.

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Performing Arts Center

8.4/10 (15 reviews)

Take the family on an outing to Performing Arts Center during your trip to San Luis Obispo. Attend a sporting event or simply enjoy the top-notch restaurants while you're in the area.

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Chamisal Vineyards

You can enjoy a tasting or tour at Chamisal Vineyards during your travels to Arroyo Grande. Visit the shops and top-notch restaurants in this family-friendly area.

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Frequently asked questions

What's the area like around Santa Margarita Lake?

Santa Margarita Lake is located in Santa Margarita. You'll find 6 hotels and other accommodations within a few miles for a convenient home base.

What's the best hotel to stay close to Santa Margarita Lake?

Quality Suites Downtown San Luis Obispo is one of the top choices for your stay based on our traveller data, and this hotel offers free breakfast and an outdoor pool. You'll find it 10.3 mi (16.5 km) from Santa Margarita Lake. Other good options around the area include Apple Farm and La Quinta Inn & Suites by Wyndham San Luis Obispo Downtown.

How many hotels will I be able to find close to Santa Margarita Lake?

Expedia has 6 hotels and other accommodation options a few miles from Santa Margarita Lake.

If I need to cancel the hotel reservation for my stay near Santa Margarita Lake, will I receive a refund?

Yes! Most room reservations are fully refundable if you cancel prior to the accommodation's cancellation deadline, which in most cases is within 24 or 48 hours of your arrival date. If you booked a non-refundable reservation, it might still be possible to cancel it and receive a refund within a 24-hour period of your booking. Add dates, click "Search", then use the filter option "fully refundable" to review the best deals available near Santa Margarita Lake.

Search Hotels Near Santa Margarita Lake, Santa Margarita

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Treat yourself

Be picky

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Our top choices for Santa Margarita Lake hotels

1. Holiday Inn Express Hotel & Suites Atascadero by IHG

2. Vagabond Inn San Luis Obispo

3. Apple Farm

4. Garden Street Inn, A Kirkwood Collection Hotel

5. Avenue Inn Downtown San Luis Obispo

6. Quality Suites Downtown San Luis Obispo

7. La Quinta Inn & Suites by Wyndham San Luis Obispo Downtown

8. La Cuesta Inn, BW Signature Collection

9. Hampton Inn & Suites San Luis Obispo

10. The Wayfarer San Luis Obispo, Tapestry Collection by Hilton

11. Embassy Suites by Hilton San Luis Obispo

12. University Inn

13. Petit Soleil

14. San Luis Creek Lodge

15. TownePlace Suites San Luis Obispo

16. SpringHill Suites by Marriott San Luis Obispo

17. Courtyard by Marriott San Luis Obispo

18. Hotel Buena Vista

19. Madonna Inn

20. Mission Inn San Luis Obispo

Compare popular hotels close to Santa Margarita Lake

Top Santa Margarita Lake Hotel Reviews

Quality Suites Downtown San Luis Obispo

Apple Farm

Motel 6 San Luis Obispo, CA - South

Vagabond Inn San Luis Obispo

The Wayfarer San Luis Obispo, Tapestry Collection by Hilton

Avenue Inn Downtown San Luis Obispo

Sands Inn & Suites

Olive Tree Inn & Suites, a Howard Johnson by Wyndham

Studio 6 San Luis Obispo, Ca

Other attractions near Santa Margarita Lake

Pozo Saloon

Ancient Peaks Winery

Reservoir Canyon Trail

Mustang Waterpark

Lopez Lake Recreation Area

Wolff Vineyards

Performing Arts Center

Chamisal Vineyards

Frequently asked questions