
Atascadero, California 93422
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $729,000—positioned well below the $758,655 Fair Market Value by 3%. This valuation gap offers $29,655 in Instant Equity. Featuring a Mint Condition Rating with a new septic system and HVAC, the property offers immediate move-in readiness. The MF-10 Zoning and large corner lot provide significant development upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a renovated home with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5345 Capistrano Subject | $729,000* List Price | 3 | 2 | 1,817 | $418 | - |
A 4535 Cayucos Sold | $765,000 | 3 | 2 | 1,668 | $459 | 0.9 mi |
B 4935 Sycamore Sold | $790,000 | 3 | 2 | 1,607 | $492 | 0.5 mi |
C 5675 Hermosilla Avenue Active | $685,000 List Price | 3 | 2 | 1,596 | $429 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1945, the property has undergone a complete top-to-bottom renovation within the last 5 years. It features a modern kitchen with quartz countertops and stainless appliances, updated bathrooms with new vanities, and brand-new critical systems including HVAC and a septic system, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1817.
The property has been updated from top to bottom, featuring a brand-new septic system and new HVAC/AC, ensuring a move-in-ready experience with major infrastructure concerns already addressed.
Situated on a spacious corner lot with MF-10 zoning, this property offers significant investment upside and flexibility for future expansion or multi-family development.
Originally built in 1945, the home may still possess inherent limitations typical of older construction, such as smaller closet spaces or traditional floor plan constraints despite the modern updates.
With the listing price nearly doubling since its 2023 sale, the property is positioned at a significant premium, which may present challenges for appraisal or immediate equity growth.
Picture yourself coming home to a beautifully renovated 3-bedroom, 2-bathroom home where modern comfort meets thoughtful upgrades and plenty of potential. Set on a desirable corner lot, this inviting property has been updated from top to bottom so you can move in and start enjoying it from day one. Inside, you’ll find a home that feels fresh, comfortable, and ready for your personal touch. Major improvements include a brand-new septic system, new HVAC, new air conditioning, and extensive renovations throughout. And the location makes everyday living even better! Enjoy being within walking distance of downtown, nearby hiking trails, and local schools, putting dining, shopping, recreation, and everyday conveniences close to home. The corner-lot setting provides a wonderful sense of space and privacy, while the MF-10 zoning offers exciting possibilities for the future. Whether you’re looking for a place to settle in, create lasting memories, or invest in a property with added potential, this home offers an opportunity worth seeing. Come take a look, imagine your life here, and discover what makes this home so special. Your next chapter starts here!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,817 | 1,967.678 |
| Lot Size | 9,000 | 39,579.077 |
| Price | $729.0K | $856.1K |
| Price per sq ft | $401 | $461 |
| Built year | 1945 | 1989 |
| HOA | $0 | $211 |
| Days on market | 22 | 53 |
Aug 18, 2026
$729,000
Initial Listing
Jun 1, 2023
$375,000
Public Record
Nov 24, 1999
$170,000
Public Record