
Atascadero, California 93422
This Updated Hillside Estate is a Prime Investment Opportunity, listed at $1,299,000—positioned well below the $1,350,000 Fair Market Value by 3%. This valuation gap provides $51,000 in Instant Equity. Boasting a Good Condition Rating, the residence features a Gourmet Kitchen with granite finishes and a versatile downstairs bonus room with a private entrance. Set on a 3-Acre Oak-Graced Parcel within the Atascadero Unified district, the property offers Panoramic Views and modern comfort. This is an ideal acquisition for Multi-generational Families or Owner-Occupants seeking a value-rich sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2180 San Fernando Subject | $1,299,000* List Price | 3 | 3 | 3,226 | $418 | - |
A 2700 Ardilla Road Sold | $1,450,000 | 4 | 4 | 2,828 | $513 | 0.7 mi |
B 12405 Santa Ana Active Under Contract | $1,295,000 List Price | 4 | 4 | 3,290 | $394 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been extensively updated over the last decade, featuring a modern gourmet kitchen with granite countertops, custom cabinetry, and stainless steel appliances. While originally built in 1987, the interior shows high-quality contemporary finishes, including updated flooring, vaulted beamed ceilings, and a luxurious primary bathroom. It meets the 'good' criteria as a well-maintained home with major renovations completed within the 5 to 15-year window.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 130680, living area = 3226.
The downstairs bonus room features a private entrance, Murphy bed, and 3/4 bath, offering excellent potential for multi-generational living, a home office, or a private guest suite.
Extensively updated with granite countertops, custom cabinetry, a wine refrigerator, and a center island, providing a high-end and functional space for entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3226, other record living area = 2656.
The property has already undergone a price reduction from its original listing, which may suggest initial overpricing or a need for more aggressive marketing to attract buyers.
The large 3-acre parcel with mature oaks and specialized garden structures requires significant ongoing effort and cost to maintain the landscape and ensure fire safety.
Stunning 3,332 +/- sf home set on a beautiful oak graced 3 acre parcel, offering panoramic views of the surrounding hills and sparkling city lights. This 3 bedroom, 3 bathroom residence also features a versatile downstairs bonus room complete with a Murphy bed, 3/4 bath and an oversized walk-in closet. Downstairs is also accessible from both the interior stairway and a private exterior entrance, making it ideal for guests or extended living. Extensively updated over the past decade, the home showcases a thoughtfully designed kitchen with granite countertops, a large breakfast bar, center island with sink, custom cabinetry and a wine refrigerator, perfect for both everyday living and entertaining. The spacious primary suite includes a luxurious bathroom with a large walk-in shower and a soaking tub, positioned to take in serene views of the oak-covered landscape. The expansive great room features a beautiful fireplace and sliding pocket doors that open seamlessly to a covered deck with ceiling fans, an entertainer’s dream for enjoying indoor-outdoor living year-round. Additional highlights include a generous laundry room with abundant storage and a refrigerator, leading to an oversized 2-car garage with built-in workbenches and extra storage areas. Step outside to your own enchanted forest setting, complete with mature oaks, visiting deer and abundant wildlife. A fenced garden area includes a greenhouse and raised beds for gardening enthusiasts. The circular driveway provides ample parking for guests, along with space for RV parking. A rare opportunity to enjoy privacy, natural beauty and modern comfort all in one exceptional property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 3,226 | 1,942 | 87% |
| Lot Size | 130,680 | 32,670 | 81% |
| Price | $1.30M | $850.0K | 88% |
| Price per sq ft | $403 | $453 | 26% |
| Built year | 1987 | 1987 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 171 | 4% |
Apr 7, 2026
$1,299,000
$1,350,000
-4% Price Drop
Initial Listing
Mar 25, 2026
$1,350,000
Initial Listing
Sep 27, 2017
$674,000
Public Record
Nov 2, 1993
$295,000
Public Record