519 N Ferrocarril, Atascadero, California 93422, Atascadero, 93422 - 2 bed, 1 bath
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Atascadero, California 93422
This Turnkey 55+ Condominium is listed at $359,000, representing a stable entry point near its $348,791 Fair Market Value. Boasting a Condition Rating of 3, the home features new laminate flooring, fresh interior paint, and a private paver patio. Located within the Templeton Unified district and walking distance to Trader Joe's, this property offers a high-quality lifestyle in the desirable Casa Rio community. It is an ideal opportunity for downsizing seniors or Buy-and-Hold Investors seeking a move-in ready property with flexible ownership rules.
Property is move-in ready.
This property is in move-in ready condition and has been well-maintained since its construction in 2005. It features significant recent cosmetic updates including new interior paint, new laminate flooring, new carpeting, and a new stainless steel refrigerator. While the kitchen cabinetry, fluorescent lighting, and bathroom fixtures reflect the original 2005 builder style, they appear to be in excellent functional condition. The inclusion of central HVAC and dual-pane windows further supports a 'good' rating for a property of this age.
The property features extensive recent upgrades including new interior paint, laminate flooring, carpet, light fixtures, and a new refrigerator, making it move-in ready.
Conveniently situated near the De Anza walking trail and major retailers like Trader Joe's and Starbucks, offering high walkability and easy access to amenities.
While occupancy is restricted to 55+, investors of any age can own the property, allowing for a broader range of potential buyers and rental opportunities.
At only 750 square feet with a single bathroom for two bedrooms, the layout may feel cramped for couples or those requiring guest space.
The 55+ age requirement for residents significantly narrows the pool of eligible occupants, which can impact resale velocity and tenant placement.
Welcome home to 519 N Ferrocarril! This unique 60-unit condo complex offers single-level 55+ living with professionally landscaped yards, a decorative roundabout, and park-like community areas. This custom two-bedroom, one-bath open-floor-plan unit is situated on a level lot within the Casa Rio development. Start your morning with a cup of coffee or wrap up the day with a glass of wine on the paver patio. Upgrades include NEW interior paint, NEW laminate flooring, NEW carpet, NEW light fixtures, NEW refrigerator, dual pane windows, central heating and air, and indoor laundry. Refrigerator and stackable washer/dryer included. RV/Boat parking option available. Casa Rio is conveniently located near the De Anza walking trail, Starbucks, Trader Joe's, Home Depot, and more. Call to view this affordable turn-key home today! * Investors do NOT need to be 55+ to own; only occupant (tenant) must be 55+.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 48% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 750 | 1,050 | 13% |
| Lot Size | 750 | 1,050 | 17% |
| Price | $359.0K | $482.0K | 22% |
| Price per sq ft | $479 | $396 | 87% |
| Built year | 2005 | 1989 | 61% |
| HOA | $200.0 | $375 | 22% |
| Days on market | 97 | 172 | 30% |
Apr 10, 2026
$359,000
$369,000
-3% Price Drop
Initial Listing
Apr 3, 2026
$369,000
$379,000
-3% Price Drop
Initial Listing
Mar 29, 2026
$379,000
$389,000
-3% Price Drop
Initial Listing
Mar 14, 2026
$389,000
$395,000
-2% Price Drop
Initial Listing
Mar 12, 2026
$395,000
$399,000
-1% Price Drop
Initial Listing
Feb 26, 2026
$399,000
$400,000
+0% Price Increase
Initial Listing
Jan 15, 2026
$400,000
Initial Listing
Jun 3, 2022
$1,150,000
Public Record
May 20, 2022
$920,000
Public Record