
Atascadero, California 93422
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $720,000—positioned well below the $756,441 Fair Market Value by 4%. This valuation gap provides $36,441 in Instant Equity. Featuring a Condition Rating of 4, the home offers a Flexible Floor Plan with a versatile loft and a Spacious 3-Acre Lot. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, nature-focused retreat with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2175 San Fernando Subject 2 bd · 2 ba · 1,209 sqft · $626 | $720,000* List Price | 2 | 2 | 1,209 | $626 | - |
A 8390 Del Rio Active 3 bd · 2 ba · 1,252 sqft · $610 · 0.9 mi | $764,000 List Price | 3 | 2 | 1,252 | $610 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is 27 years old and appears to retain its original kitchen and bathroom finishes. While the home is well-maintained with wood floors and a clean interior, the light wood cabinetry and white appliances are dated, placing it in the category of needing minor updates 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 = 148540, living area = 1209.
Situated on a 3.41-acre lot surrounded by native oaks, this property offers exceptional privacy and a serene natural setting rarely found so close to downtown Atascadero.
The home features a convenient main-level bedroom for single-level living and a versatile upstairs loft that can easily be converted into a private second suite with its own deck.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1209, other record living area = 933.
With only 1,209 square feet of living area, the home may feel restrictive for buyers seeking a larger footprint or significant indoor storage.
The second bedroom is currently configured as an open loft, which may require additional renovation costs for buyers desiring a fully enclosed and private sleeping area.
A charming retreat intentionally designed to be connected to nature on a private and peaceful 3-acre setting surrounded by native oak trees and beautiful hillside views. The open floorplan functions with both purpose and flow with beautiful alder cabinetry and staircase, along with wood floors throughout providing warmth and continuity to both levels. The comfortable living area features wood floors, abundant natural light from multiple windows, a fireplace and built in bookcases. Step outside from the living area onto a spacious deck, the perfect place to relax, entertain or simply enjoy the sights and sounds of nature. The outside spaces offer plenty of opportunities to enjoy outdoor activities. The main level includes a bedroom and full bathroom, offering the convenience of single-level living when desired. The primary bedroom suite with includes its own deck to enjoy your morning cup of coffee. This beautiful property offers exceptional privacy and a peaceful natural setting. The surrounding oak trees have been meticulously maintained and a professional arborist report has been completed and is available detailing the care and maintenance. A truly special property where nature, privacy, and comfortable living come together just minutes from downtown Atascadero.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.1 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,209 | 1,972.38 |
| Lot Size | 148,540 | 42,681.487 |
| Price | $720.0K | $888.9K |
| Price per sq ft | $596 | $467 |
| Built year | 1999 | 1990 |
| HOA | $0 | $225 |
| Days on market | 24 | 58 |
Sep 30, 2026
$720,000
Initial Listing
Apr 8, 1998
$87,500
Public Record