4535 Cayucos, Atascadero, California 93422, Atascadero, 93422 - 3 bed, 2 bath
Loading property details...
Atascadero, California 93422
This Modernized California Ranch is a Turnkey Residential Asset listed at $829,000—positioned below the $845,048 Fair Market Value by 1%. This valuation offers $16,048 in Instant Equity. Boasting a Mint Condition Rating, the home features a brand new 2025 roof, solar with Tesla batteries, and a permitted detached studio with ADU potential. With an assumable 4.125% FHA loan, backyard deck, and access to the Atascadero Unified district, it balances modern efficiency with financial upside. This is an ideal match for Owner-Occupants or House Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4535 Cayucos Subject | $765,000* List Price | 3 | 2 | 1,668 | $492 | - |
A 5200 Fresno Avenue Sold | $725,000 | 3 | 2 | 1,252 | $579 | 0.3 mi |
B 4345 Cayucos Ave Sold | $722,000 | 4 | 3 | 1,875 | $385 | 0.1 mi |
C 5201 Juarez Sold | $692,000 | 3 | 2 | 1,268 | $546 | 0.6 mi |
D 4760 Alamo Avenue Sold | $725,000 | 3 | 2 | 1,299 | $558 | 0.7 mi |
E 3856 Orillas Way Sold | $865,000 | 3 | 2 | 1,836 | $471 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Though built in 1975, the property has undergone extensive recent renovations including a brand new 2025 roof, a modern kitchen with butcher block countertops and subway tile, and updated vinyl plank flooring. The addition of high-end systems like solar with three Tesla backup batteries and dual-pane windows puts it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7972, living area = 1668.
The home is equipped with a brand new 2025 roof, solar power, and three Tesla backup batteries, providing exceptional energy independence and long-term cost savings.
The opportunity to assume an existing FHA loan at a 4.125% interest rate offers a significant financial advantage and monthly savings in the current high-rate market.
While the assumable loan rate is attractive, buyers must provide substantial liquid capital or secondary financing to cover the nearly $463,000 gap between the loan balance and the purchase price.
Despite modern upgrades and energy improvements, the 1975 build date may imply that some underlying structural or plumbing systems are nearing the end of their typical lifecycle.
NEW Price adjustment! Power, possibility, and peace of mind come together here with energy efficient solar, a brand new 2025 roof, three Tesla wall backup batteries, plus a permitted detached 400 +/- sq ft workshop/studio primed for a future ADU conversion, all complemented by a buyer home warranty provided by the sellers. Incredible opportunity to assume a low-interest FHA loan of approximately $366,000 at 4.125%. Qualified buyers may save significantly compared to current market rates. Subject to lender approval. (If buyer assumes loan then buyer must provide funds to cover the difference between the purchase price and the assumable loan balance, either through cash or secondary financing.) This charming California ranch-style single level 3 bedroom, 2 bathroom home with nearly 1700 sq. ft +/- welcomes you with a flexible layout. Once inside, you enter into a spacious front room that can serve as a formal dining room or living room. Tile and vinyl plank flooring run throughout the home, paired with dual pane windows for comfort and efficiency. The inviting kitchen blends style and function with classic subway tile backsplash, butcher block countertops, and a center island that adds prep space and a natural gathering spot. The kitchen opens to an additional dining area anchored by a cozy electric fireplace and coffee bar. Just beyond the kitchen you are invited into the family room featuring a picture window that fills the space with natural light, while double glass doors lead to the backyard deck for seamless indoor outdoor living and entertaining. Installed Govee exterior lighting enhances curb appeal year round with customizable natural color effects, making seasonal decorating effortless and eliminating the need for annual installation. Additional highlights include a primary ensuite, central heating and air conditioning, ceiling fans, and a finished two car garage. The permitted detached shop, built in 2004, offers exceptional flexibility. With vaulted ceilings, skylights, wall A/C, and dual pane windows, is ideal for a home office, workshop, gym, art studio, or future ADU conversion. Drought tolerant landscaping and easy care outdoor living complete a property that blends charm, versatility, and modern efficiency just minutes from vibrant downtown Atascadero.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,668 | 1,923.5 | 37% |
| Lot Size | 7,972 | 34,835 | 15% |
| Price | $765.0K | $855.0K | 35% |
| Price per sq ft | $459 | $459 | 50% |
| Built year | 1975 | 1986 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 130 | 3% |
May 20, 2026
$765,000
$780,000
-2% Price Drop
Initial Listing
May 7, 2026
$780,000
$799,000
-2% Price Drop
Initial Listing
May 2, 2026
$799,000
$829,000
-4% Price Drop
Initial Listing
Apr 23, 2026
$829,000
Initial Listing
Jan 13, 2017
$460,000
Public Record