
Atascadero, California 93422
This custom Victorian residence presents a High-Potential Investment Opportunity, listed at $975,000—positioned well above the $880,856 Fair Market Value by 10%. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained, original 1989 interior ready for cosmetic updates. The 0.98-acre oak-studded lot and wraparound deck provide significant lifestyle value. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to personalize a unique architectural asset in a prime Central Coast location.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained but remains in largely original condition. The kitchen and bathrooms feature dated 1980s-era square tile countertops and finishes, and the appliances appear to be older models. While the home is functional and move-in ready, it requires significant cosmetic updates to systems and surfaces to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42689, living area = 1977.
This custom 1989 Victorian combines classic storybook aesthetics, including a distinctive turret and wraparound porch, with the highly sought-after convenience of a functional single-level floor plan.
Situated on nearly a full acre, the property offers a serene, park-like setting with mature oak trees, providing exceptional privacy and ample space for gardening or outdoor entertaining.
While well-maintained, the 1989 interior finishes and white cabinetry may feel dated to buyers looking for a more contemporary or high-end luxury aesthetic.
Despite the large lot and beautiful canopy of oaks, the property lacks the elevated panoramic or territorial views often expected in this price bracket within the Atascadero area.
A storybook Victorian beneath the oaks, 10045 Old Morro Road brings architectural character, single-level comfort and nearly an acre of Central Coast beauty together in one memorable Atascadero property. Built in 1989, this custom residence offers 1,977± sq. ft. with 3 bedrooms, 2 bathrooms and an attached 2-car garage on approximately 0.98 acres. Despite its dramatic rooflines and distinctive turret, the home lives entirely on one level, pairing the charm of classic Victorian design with an easy, functional floor plan. Inside, rich wood flooring, abundant natural light and thoughtful architectural details create warmth from the moment you enter. The living room is anchored by an elegant fireplace with a substantial wood mantel and decorative tile surround, while graceful arched windows and stained-glass accents reinforce the home’s singular personality. A turret-style sitting area with multiple windows and beautifully patterned wood flooring provides an enchanting place to read, relax or simply take in the surrounding landscape. The spacious kitchen features white cabinetry, generous counter space, a center island and adjoining dining area, creating a comfortable setting for everyday meals and entertaining. A large primary suite offers a private retreat, while two additional bedrooms provide flexibility for family, guests, an office or creative space. Outside, a wraparound covered porch, classic trim and picturesque Victorian detailing give the home exceptional curb appeal. The nearly one-acre parcel is dotted with mature oak trees and offers space for gardening, outdoor dining, recreation and gatherings beneath the canopy, all within a peaceful country setting. The broad porch and oak-shaded grounds create natural places to slow down, entertain outdoors and enjoy Atascadero's warm days and cool evenings throughout much of the year. Positioned just off Highway 41, the property combines rural atmosphere with convenient access to downtown Atascadero’s restaurants, shopping and local attractions. Morro Bay and the coast are an easy drive west, while Paso Robles wine country, San Luis Obispo County wineries, trails and recreation are readily accessible throughout the region. Distinctive, welcoming and wonderfully individual, 10045 Old Morro Road offers the character of a custom home, the serenity of oak-studded acreage and a location that connects North County living with the coast—an inviting expression of the relaxed lifestyle found on the Central Coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,977 | 1,972.38 |
| Lot Size | 42,689 | 42,681.487 |
| Price | $975.0K | $888.9K |
| Price per sq ft | $493 | $467 |
| Built year | 1989 | 1990 |
| HOA | $0 | $225 |
| Days on market | 9 | 58 |
Oct 15, 2026
$975,000
Initial Listing