5525 Capistrano, Atascadero, California 93422, Atascadero, 93422 - 1 bed, 1 bath
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5525 Capistrano
Atascadero, California 93422
ACTIVE
CONDITION: GOOD
1Beds
1Baths
640Sq Ft
640Lot Size
Property Price
LIST PRICE$299,900
EST. MARKET VALUE
$273,840
9% AboveMARKET VALUE
SUMMARY
This Turn-Key Condominium represents a Strong Value Opportunity, listed at $319,900—positioned above the $280,478 Fair Market Value. While priced at a premium, the property maintains a Good Condition Rating with recent upgrades including a newer HVAC, dual-pane windows, and modern kitchen fixtures. Its prime location offers exceptional walkability to Downtown Atascadero and the Sunken Gardens. With a private patio and all appliances included, this unit provides a stable, low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate, move-in ready convenience.
Estimated Market Value
$273,840
Based on Realkey algorithm analyzing recent comparable sales in Atascadero.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 Capistrano Subject 1 bd · 1 ba · 640 sqft · $428 | $299,900* List Price | 1 | 1 | 640 | $428 | - |
A 5580 Traffic Way 2 Sold 2 bd · 1 ba · 800 sqft · $438 · 0.2 mi | $350,000 | 2 | 1 | 800 | $438 | 0.2 mi |
B 7464 Santa Ysabel Sold 2 bd · 1 ba · 858 sqft · $385 · 0.9 mi | $330,000 | 2 | 1 | 858 | $385 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1977 but qualifies as Good due to recent updates including a newer HVAC unit, dual-pane windows, and new kitchen countertops, sinks, and dishwasher. The unit is move-in ready and well-maintained, though some aesthetic elements like cabinetry remain dated.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Positioned as the lowest-priced turn-key condo in Atascadero, this property offers an affordable entry point for first-time buyers or investors seeking immediate rental potential.
- Prime Downtown Walkability
The unit boasts a highly desirable location within walking distance to Downtown Atascadero, providing easy access to the Sunken Gardens, movie theaters, and local dining.
- Modern Turn-Key Updates
The condo features significant recent improvements including a newer HVAC unit, dual-pane windows, and updated kitchen fixtures, ensuring a move-in-ready experience with all appliances included.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-11-03. The sold price is $295,000.00.
- Limited Living Space
With only 640 square feet and a single bedroom, the property's compact footprint may limit its appeal to larger households or those requiring a dedicated home office.
- Recurring HOA Costs
The monthly association fee of $374 adds a significant recurring expense that buyers must factor into their debt-to-income ratio and overall monthly budget.
About 5525 Capistrano
Lowest priced turn-key condo in the Atascadero Market. This cute, cozy, updated 1 bedroom, 1 bath condo is a perfect blend of comfort and convenience and is located within walking distance to Downtown Atascadero. There is a private covered/enclosed patio/porch area accessed by a sliding glass door. A few of the features include a newer HVAC unit, dual pane windows, new sinks, faucets, counter tops, and dishwasher. Lots of storage. Washer and Dryer in unit are included as is the refrigerator. This is a downstairs unit with a parking space right out front for your convenience. Single Level living. No Stairs. Walk to Sunken Gardens, Movie Theater, Tennis Courts, and all Downtown Atascadero has to offer. Available now!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 640 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $374.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.4 |
| Baths | 1.0 | 2.6 |
| Square foot | 640 | 1,407.667 |
| Lot Size | 640 | 1,356.667 |
| Price | $299.9K | $495.0K |
| Price per sq ft | $469 | $403 |
| Built year | 1977 | 1994 |
| HOA | $374.0 | $324 |
| Days on market | 37 | 94 |
Pricing History
Listed for Sale
Oct 9, 2026
$299,900
$319,900
-6% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$319,900
Initial Listing
Sold
Nov 3, 2025
$295,000
Public Record
Sold
Jul 17, 2024
$285,000
Public Record
Sold
Apr 28, 2017
$155,000
Public Record
Sold
Sep 9, 2005
$199,000
Public Record
Sold
May 14, 2004
$140,000
Public Record
Sold
Sep 13, 2001
$80,000
Public Record