
Atascadero, California 93422
This Single Family Residence is a Strong Value Opportunity, listed at $685,000—positioned well below the $733,842 Fair Market Value by 6%. This valuation gap offers $48,842 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern luxury vinyl plank flooring and a scenic spacious view deck. While the hillside topography requires navigation, the property provides a unique "treehouse" lifestyle near downtown. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5675 Hermosilla Avenue Subject | $685,000* List Price | 3 | 2 | 1,596 | $460 | - |
A 4535 Cayucos Sold | $765,000 | 3 | 2 | 1,668 | $459 | 0.1 mi |
B 4345 Cayucos Ave Sold | $722,000 | 4 | 3 | 1,875 | $385 | 0.2 mi |
C 5201 Juarez Sold | $692,000 | 3 | 2 | 1,268 | $546 | 0.7 mi |
D 5045 Alamo Sold | $570,000 | 2 | 2 | 1,116 | $511 | 0.8 mi |
E 4541 Yerba Active | $699,000 List Price | 3 | 3 | 1,676 | $417 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977 but features significant recent cosmetic updates including luxury vinyl plank flooring throughout, fresh paint, and recessed lighting. While the kitchen cabinetry and countertops appear dated, the home is well-maintained, move-in ready, and includes newer appliances.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1596.
The property's elevated position provides sweeping treetop and hillside views, complemented by a spacious deck that maximizes the 'treehouse' atmosphere for outdoor living.
The home features contemporary luxury vinyl plank flooring throughout and a well-appointed kitchen with a breakfast bar, offering a move-in-ready aesthetic.
The hillside setting and elevation above the garage likely require navigating stairs for entry, which may be a concern for buyers prioritizing accessibility.
While the lot size is 7,200 sqft, the steep hillside terrain and minimalist landscaping suggest limited flat outdoor space for traditional gardening or recreation.
Enjoy sweeping hillside and treetop views of Atascadero from this inviting home filled with character. Elevated above the two-car garage, the home captures treehouse vibes while being just minutes from downtown. Designed for easy living, the home features luxury vinyl plank flooring throughout and an open living area that makes the most of the scenic surroundings. The living room is anchored by a striking retro floor-to-ceiling stone fireplace with a wood-burning hearth, creating a warm and inviting focal point. The dining area opens directly onto the spacious view deck—perfect for morning coffee, outdoor dining, or entertaining while taking in the surrounding hills and mature trees. The well-appointed kitchen offers an efficient L-shaped layout with generous prep space, abundant cabinetry, breakfast bar seating, and includes a gas range, microwave/hood combination, dishwasher, and refrigerator. The primary suite features an ensuite bath and dual closets. Two additional well-sized bedrooms, a second full bath with dual sinks, and a centrally located laundry area complete the home. Minimalist landscaping provides easy maintenance while allowing the natural setting to shine. Enjoy a hillside setting that feels tucked away while remaining close to downtown Atascadero, shopping, dining, parks, and everyday amenities. A fantastic opportunity to own a home with character, scenic views, and a location that offers the best of both worlds.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,596 | 1,969 |
| Lot Size | 7,200 | 49,110 |
| Price | $685.0K | $865.9K |
| Price per sq ft | $429 | $458 |
| Built year | 1977 | 1980 |
| HOA | $0 | $212 |
| Days on market | 8 | 55 |
Jul 14, 2026
$685,000
Initial Listing
Jan 12, 1994
$139,000
Public Record