12150 San Marcos, Atascadero, California 93422, Atascadero, 93422 - 3 bed, 2 bath
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Atascadero, California 93422
This Value-Add Rural Estate is listed at $799,000—positioned well below the $815,214 Fair Market Value by 1%. This valuation gap offers $16,214 in Instant Equity for buyers. Featuring a Condition Rating of 4, the 1987 interior requires cosmetic modernization, yet the 5.07-acre lot and panoramic mountain views provide a premier foundation for forced appreciation. Located within the Atascadero Unified School District, the property offers a tranquil lifestyle near Oak Ridge Estates. This is an ideal project for Owner-Occupants seeking sweat equity or Investors targeting a high-potential asset.
Property is moderate renovation needed.
Built in 1987, the home is in mostly original condition and shows significant signs of being outdated. The kitchen features 1980s-style oak cabinetry and tile countertops, while the interior contains dated parquet flooring and teal carpeting. While the property appears well-maintained and functional, it requires comprehensive cosmetic updates and modernization to meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 220849, living area = 1557.
Situated on 5.07 scenic acres, the property offers significant privacy and versatile space for outdoor living, gardens, or hobby use in a tranquil rural setting.
The home features breathtaking vistas of the surrounding hills and mountains from nearly every room, significantly enhancing the property's aesthetic appeal and value.
The property is marketed as an opportunity to renovate or restore, suggesting that the 1987 interior may require significant capital investment for modern updates.
At 1,557 square feet, the home's interior size is relatively small compared to the massive lot size, which may limit its appeal for larger families or those seeking an estate-sized residence.
Welcome to 12150 San Marcos Road in Atascadero, where sweeping views and exceptional potential await. Situated on 5.07± scenic acres, this 1,557± sq. ft. home offers 3 bedrooms and 2 bathrooms with breathtaking vistas that may be enjoyed from nearly every room. This property presents a wonderful opportunity to renovate, restore, or reimagine a home in a desirable location. Abundant natural light fills the interior, highlighting the surrounding landscape and creating a bright, inviting atmosphere throughout. The living area features a cozy fireplace, creating a warm focal point and an inviting space to gather while enjoying the surrounding views and coastal influence. The home includes indoor laundry, a two-car garage, and a practical floor plan that lends itself well to updating and customization. With panoramic views, serene surroundings, and over 5 acres, the setting may offer possibilities for outdoor living, gardens, or hobby use. Ideally located, just outside the prestigious Oak Ridge Estates, the property combines a tranquil rural feel with convenient access to town amenities. A rare opportunity to create your vision in one of Atascadero’s most sought-after areas. Don’t wait, call your Realtor today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,557 | 1,940 | 33% |
| Lot Size | 220,849 | 32,452.2 | 91% |
| Price | $799.0K | $850.0K | 42% |
| Price per sq ft | $513 | $455 | 68% |
| Built year | 1987 | 1987 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 171 | 1% |
Apr 9, 2026
$799,000
Initial Listing