3890 Hillcrest, Templeton, California 93465, Templeton, 93465 - 7 bed, 3 bath
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Templeton, California 93465
This Dual-Living Equestrian Estate is a versatile asset listed at $1,250,000, reflecting its unique utility and income potential relative to its $1,163,912 Fair Market Value. Set on 7.3 usable acres with almond trees and horse facilities, the property holds a Condition Rating of 4, offering a well-maintained main residence and a separate income-producing unit. With owned solar and mountain views in the Templeton Unified district, it balances rural lifestyle with financial flexibility. This is a strategic acquisition for Multi-Generational Families or Lifestyle Investors seeking house-hack potential.
Property is moderate renovation needed.
Built in 1974, the property is well-maintained but dated. While it features partial updates including laminate flooring, stone kitchen countertops, and owned solar, the main house has a dated 4-bedroom/1-bathroom configuration and older cabinetry. It remains functional and move-in ready but requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 317552, living area = 2654.
The property includes both a 4-bedroom main residence and a separate 3-bedroom manufactured home, providing exceptional flexibility for multi-generational families or rental income opportunities.
Set on 7.3 usable acres with almond trees, full perimeter fencing, an electric gate, and a paddock with a run-in shed, the land is fully equipped for livestock and rural lifestyle pursuits.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2654, other record living area = 672. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 1.
The main residence contains four bedrooms but only one bathroom, which may be a significant inconvenience for larger households and could impact the home's functional flow.
With the primary home built in 1974 and the secondary unit being a manufactured home, buyers may face higher maintenance requirements or more restrictive financing options compared to newer stick-built properties.
If you’ve been looking for space in North County with a flexible setup and convenient access to town, this Hillcrest Drive property is worth a look. Set on approximately 7.3 acres, the property offers a usable layout with almond trees throughout, a paddock with run-in shed already in place for horses or livestock, and full perimeter fencing with an electric gate for added security and convenience. The main home features 4 bedrooms, 1 bath, laminate flooring throughout, tile in the bathroom, owned solar, and a large covered patio that extends the living space outdoors. A separate 3 bed, 2 bath manufactured home (~900± sq ft)—also equipped with owned solar—provides flexibility for extended family, guests, or potential rental income. The setting feels private and quiet, while still being just 12 minutes to Atascadero and 15 minutes to Templeton. A well-rounded North County property with space, flexibility, and income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 95% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,654 | 1,942 | 74% |
| Lot Size | 317,552 | 17,800 | 77% |
| Price | $1.15M | $925.0K | 64% |
| Price per sq ft | $433 | $502 | 28% |
| Built year | 1974 | 1994 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 117 | 5% |
Jun 11, 2026
$1,150,000
$1,250,000
-8% Price Drop
Initial Listing
May 1, 2026
$1,250,000
Initial Listing
Jun 9, 2015
$250,000
Public Record