
Atascadero, California 93422
This Single Family Residence is a High-Potential Investment Opportunity, listed at $569,000—positioned slightly above the $564,123 Fair Market Value. While not a discount buy, the property features a Good Condition Rating with recent upgrades like Granite Countertops and fresh paint. Situated on a versatile MF20 Zoning lot, this asset offers significant development upside for an ADU or additional units. With its Scenic Hill Views and Spacious Back Deck, it balances immediate lifestyle appeal with long-term growth. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5100 Traffic Way Subject | $569,000* List Price | 2 | 1 | 784 | $720 | - |
A 4520 Mananita Sold | $575,000 | 2 | 1 | 900 | $639 | 0.6 mi |
B 5074 Palma Sold | $580,000 | 2 | 1 | 996 | $582 | 0.8 mi |
C 4533 Hidalgo Avenue Sold | $720,000 | 3 | 1 | 1,040 | $692 | 0.5 mi |
D 4914 Seperado Avenue Sold | $655,000 | 3 | 2 | 1,064 | $616 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998 (26 years old) but qualifies as 'Good' due to recent renovations including fresh interior paint, granite countertops, and updated flooring. The home is meticulously maintained and move-in ready, aligning with the 5-15 year renovation criteria.
The property is situated on a desirable street-to-street MF20 lot, offering significant investment upside or the potential to add additional units or an ADU.
Meticulously maintained with recently painted interiors, granite countertops, and an open floor plan, this home provides a turn-key experience for buyers.
A spacious back deck offers beautiful views of the surrounding hills, while the fenced front yard features professional landscaping and raised garden beds.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 784, other record living area = 640. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
At only 784 square feet with a single bathroom, the compact footprint may be a constraint for growing families or those requiring more interior utility.
The list price of $569,000 represents a premium price point for a two-bedroom, one-bathroom home of this size, which may affect its competitive positioning in the market.
Charming and meticulously maintained home with endless possibilities! Enjoy the spacious back deck overlooking the surrounding hills—perfect for evening barbecues, entertaining guests, or relaxing with your morning coffee. The spacious front yard is fenced and well landscaped with raised beds. Inside, you'll find a bright, open floor plan filled with abundant natural light, recently painted interiors, and beautiful granite countertops. This versatile property is ideal as a starter home or investment opportunity, situated on a desirable street-to-street MF20 lot. Conveniently located near downtown Atascadero, you'll have easy access to its vibrant dining, shopping, and local amenities. You will have to see this home to appreciate the benefits and possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 784 | 1,927 | 3% |
| Lot Size | 6,640 | 37,000 | 12% |
| Price | $569.0K | $860.0K | 7% |
| Price per sq ft | $726 | $459 | 96% |
| Built year | 1998 | 1986 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 131 | 3% |
Jun 4, 2026
$569,000
Initial Listing
Apr 17, 2020
$372,000
Public Record
Oct 4, 2013
$243,000
Public Record
Mar 14, 2007
$275,000
Public Record
Jun 22, 2001
$144,000
Public Record