16550 Walnut, Atascadero, California 93422, Atascadero, 93422 - 3 bed, 3 bath
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Atascadero, California 93422
Analysis of 16550 Walnut, Atascadero, California 93422 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1970 (54 years old) and shows no evidence of significant interior renovations. The kitchen and bathrooms feature highly dated linoleum flooring, original-style cabinetry, and old fixtures. With popcorn ceilings, worn carpeting, and dated systems like the fireplace heater-insert, the home requires a full interior rehab 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 = 21825, living area = 1746.
The property sits on over half an acre and features a seasonal creek, mature fruit trees, and frequent wildlife visits, offering a serene and private country lifestyle.
Includes a newer 650 sqft 3-car metal garage and extensive parking for RVs or boats, providing ample space for hobbies or the potential development of an Accessory Dwelling Unit.
Built in 1970, the home may require modernization of its original systems and interior finishes to meet contemporary aesthetic and energy efficiency standards.
The creek's water levels decrease significantly during the late summer months, which may impact the year-round visual appeal and utility of the primary backyard feature.
Quaint Country Home – HALF ACRE-PLUS – with A Stream ! Come see this lovely 3 bedroom, 3 bath home in South Atascadero area known as GARDEN FARMS. Home has open kitchen-into-living-room Motiff (Great Room Effect); living room has Stone Fireplace with heater-insert built into design; then a family room-Office and adjacent dining room … all opening to incredible back yard via large deck …Overlooking trees and CREEK ! Active now, but gets lower in August; then comes fall. Property also goes up past the creek! So lotta foliage all around; and lotta visiting natural wild life (to come take a drink). Home has fruit trees; and a very large Over-hang for shade extending over towards … newer separate metal (Very Large: apprx 650 sq ft, 3 car Garage, put in about 10 years ago. Also Very large amount of parking in front of house for Guests; RV’s, Boats ... ADU??? You want a House-in-the-Country; with ‘a Stream-running-through-back-yard? COME SEE THIS ! And A BARGAIN, AT THIS PRICE!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,746 | 1,969 |
| Lot Size | 21,825 | 49,110 |
| Price | $799.0K | $865.9K |
| Price per sq ft | $458 | $458 |
| Built year | 1970 | 1980 |
| HOA | $0 | $212 |
| Days on market | 44 | 55 |
Jul 1, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Jun 8, 2026
$849,000
Initial Listing
Feb 14, 2003
$348,000
Public Record