10885 San Marcos Road, Atascadero, California 93422, Atascadero, 93422 - 4 bed, 4 bath
10885 San Marcos Road
Atascadero, California 93422
Property Price
SUMMARY
Analysis of 10885 San Marcos Road, Atascadero, California 93422 reveals a Fairly Priced Property with a current list price of $1,595,000 aligned with the estimated $1,587,173 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Atascadero Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained. While built in 1988, it features significant updates including a kitchen with granite countertops and a large island, a brand-new deck, and a heated pool and spa. The primary suite offers a luxurious private bath, and the overall interior features high ceilings and functional systems. Although it retains some era-specific architectural elements like a sunken family room, the home shows minimal wear and tear and benefits from regular upkeep.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 167706, living area = 2580.
- Expansive Acreage and Views
Set on nearly 4 gated acres, this property offers rare, breathtaking panoramic views spanning from Paso Robles to south Atascadero, including Atascadero Lake and the surrounding rolling hills.
- Premium Outdoor Amenities
The backyard is a true entertainment oasis featuring a heated pool and spa, a pergola-shaded lounge, a brand-new deck, and a lower terrace specifically designed for gardening or scenic gatherings.
CONSRISKS & DEFICIENCIES
- Dated Architectural Features
Built in 1988, the home includes era-specific design elements like a sunken family room, which may feel less cohesive to buyers seeking a completely modern, level open-concept floor plan.
- Market Positioning
A recent price reduction from $1.79M to $1.65M suggests the property faced initial market resistance, potentially indicating that the original valuation was aggressive for the local Atascadero market.
About 10885 San Marcos Road
Set on nearly 4 gated acres, this 4-bed, 3.5-bath home features breathtaking panoramic views from Paso Robles to south Atascadero—including Atascadero Lake, rolling hills, and vibrant sunrises. The main level offers a spacious living room, sunken family room, and a large kitchen with beautiful granite countertops and a generous island. Also on the first floor are a formal dining room, guest half bath, direct access to the attached 3-car garage, and a brand-new deck. Upstairs you'll find the primary suite with a luxurious private bath and walk-in closet, along with three guest bedrooms and a full guest bathroom. The backyard is designed for entertaining with a pergola-shaded lounge, heated pool and spa, and a lower terrace ideal for gardening or gatherings—complete with its own scenic viewpoint. Additional highlights include high ceilings, fireplaces in both the family room and primary suite, upstairs laundry, and room for RV parking. This property is a must see.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 167,706 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 2,580 | 1,906 | 73% |
| Lot Size | 167,706 | 27,500 | 85% |
| Price | $1.59M | $849.0K | 94% |
| Price per sq ft | $618 | $464 | 88% |
| Built year | 1988 | 1984 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 302 | 176 | 94% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
Price Change
Feb 25, 2026
$1,650,000
Initial Listing
Price Change
May 9, 2025
$1,790,000
Initial Listing
Sold
May 26, 2006
$910,000
Public Record
Sold
Jul 19, 2001
$580,000
Public Record