
Atascadero, California 93422
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $467,500—positioned above the $449,876 Fair Market Value. While the property requires cosmetic modernization given its Fair Condition Rating, it offers significant value-add potential through interior updates. The unit features vaulted ceilings, a private patio, and access to a pool and spa. Its prime location near downtown Atascadero ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable project in a high-convenience area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44 Sombrilla Court Subject | $467,500* List Price | 2 | 2 | 1,041 | $432 | - |
A 7 Quail Ridge Sold | $450,000 | 2 | 2 | 1,041 | $432 | 0.1 mi |
B 20 Quail Ridge Dr Sold | $482,000 | 2 | 2 | 1,041 | $463 | 0.0 mi |
C 53 Quail Ridge Sold | $472,000 | 2 | 2 | 1,041 | $453 | 0.1 mi |
D 7464 Santa Ysabel Sold | $330,000 | 2 | 1 | 858 | $385 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this 45-year-old condo is well-maintained but clearly dated. The kitchen features older white tile countertops with wide grout lines, a fluorescent light box, and aged white appliances, indicating the last significant update was likely over 20 years ago. While the unit appears clean and functional, it requires cosmetic modernization to meet current market standards.
The property is ideally situated within walking distance to downtown Atascadero’s vibrant shops, restaurants, and entertainment, offering high convenience and lifestyle appeal.
Soaring vaulted ceilings and abundant windows create an airy, spacious atmosphere that maximizes natural light throughout the main living areas.
Residents enjoy access to premium HOA amenities including a sparkling pool, spa, and clubhouse, which enhances the overall value and resort-like feel of the complex.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1041, other record living area = 1382.
Built in 1979, the property may require updates to major systems or cosmetic finishes to align with modern energy efficiency and design standards.
The 1.5-bathroom layout lacks a second full bath, which may be a disadvantage for households requiring more privacy or convenience for multiple occupants.
With 1041 sf of comfortable living space, this condo offers 2 bedrooms and 1.5 bathrooms, combining inviting indoor-outdoor spaces and exceptional convenience. Tucked away from traffic, the condo features an attached one-car garage, a designated parking space and nearby guest parking. Step inside to discover soaring vaulted ceilings and abundant windows that fill the living area with natural light. The spacious living room centers around a cozy gas fireplace and connects effortlessly to the dining area while a sliding glass door leads you out to a private, fenced patio. The well appointed kitchen offers ample cabinet and counter space making it a wonderful space to create culinary delights. Rounding off the main floor is a convenient half bathroom. Upstairs, you’ll find the primary bedroom with a generous closet and a private balcony ideal for morning coffee or evening relaxation. The secondary bedroom is also generously sized with a larger closet. Residents of Quail Ridge enjoy access to a sparkling pool, relaxing spa, clubhouse and well-maintained grounds. Located within walking distance to downtown Atascadero’s vibrant shops, restaurants, movie theater and community events—and with easy freeway access—this home perfectly blends comfort, amenities and convenience. Ideal for first-time buyers, downsizers seeking low-maintenance living or investors looking for a turnkey rental opportunity, this charming condo checks all the boxes. Please review the Virtual Tour for additional information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,041 | 1,449.1 |
| Lot Size | 1,252 | 1,387.9 |
| Price | $467.5K | $507.6K |
| Price per sq ft | $449 | $405 |
| Built year | 1979 | 1996 |
| HOA | $399.0 | $301 |
| Days on market | 13 | 94 |
Aug 27, 2026
$467,500
Initial Listing
May 9, 2002
$156,000
Public Record