
Atascadero, California 93422
This Value-Add Residential Asset represents a Strong Value Opportunity with a List Price of $749,999—positioned well below the $800,730 Fair Market Value by 6%. This valuation gap provides $50,731 in Instant Equity for buyers prepared to modernize a property with a Condition Rating of 5. The asset features an Expansive .43-Acre Corner Lot and Scenic Hill Views within the Atascadero Unified School District. Given the 1977 original finishes, the property offers significant forced appreciation potential through a comprehensive renovation. This acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4530 San Ardo Subject | $763,200 | 4 | 3 | 1,747 | $431 | - |
A 5075 Rosario Avenue Sold | $725,000 | 3 | 2 | 1,337 | $542 | 0.6 mi |
B 4470 Cayucos Avenue Sold | $635,000 | 3 | 2 | 1,369 | $464 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this 47-year-old home appears to be in mostly original condition. The kitchen features dated 1970s dark wood cabinetry and laminate countertops, while the bathrooms and laundry area show aged fixtures and finishes. With popcorn ceilings throughout and no evidence of major system or interior renovations in over 30 years, the property requires a comprehensive 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 = 18750, living area = 1747.
The generous .43-acre corner lot provides exceptional privacy and versatile space for RV parking, gardening, or future outdoor enhancements.
Featuring four well-proportioned bedrooms and a dedicated primary suite, the 1,747 sq. ft. floor plan offers a practical and comfortable living arrangement for families.
Built in 1977, the interior may require cosmetic updates and personalization to align with contemporary design trends and buyer preferences.
Given the home's age, buyers should anticipate potential maintenance or system upgrades typical of properties from this era to ensure long-term efficiency.
Discover a wonderful gem in Atascadero—an inviting 4-bedroom, 2.5-bathroom home offering 1,747 sq. ft. of comfortable living space on an expansive .43-acre corner lot. This property blends usable land, privacy, and room to grow, creating an exceptional opportunity for homeowners seeking space and versatility. Inside, the home features a functional layout with well-proportioned bedrooms, a dedicated primary suite, and abundant natural light throughout. The main living areas provide a warm, welcoming atmosphere with plenty of potential for personalization or future upgrades. The generous .43-acre lot is a true standout—perfect for outdoor living, gardening, RV or boat parking, play areas, or future enhancements. Its corner-lot placement enhances privacy and accessibility, giving the property an open, spacious feel rarely found at this price point. Whether you're searching for a comfortable primary residence or a property with long-term potential, this Atascadero home offers a compelling blend of space, opportunity, and value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,747 | 1,906 | 44% |
| Lot Size | 18,750 | 32,670 | 33% |
| Price | $763.2K | $850.0K | 33% |
| Price per sq ft | $437 | $459 | 38% |
| Built year | 1977 | 1986 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 129 | 8% |
Apr 25, 2026
$749,999
Initial Listing