
Atascadero, California 93422
This Spacious 4-Bedroom Residential Property represents a High-Potential Investment Opportunity, listed at $924,900—positioned slightly above the $895,321 Fair Market Value. While the home maintains a Condition Rating of 4, its 1.67-acre lot and Creek/Stream Views offer significant upside for value-add renovations. The versatile layout, including a Bonus Room and potential for an ADU, provides excellent utility for long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a rural lifestyle with substantial development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6155 Conejo Subject | $924,900* List Price | 4 | 3 | 2,733 | $328 | - |
A 2015 Alturas Road Pending | $850,000 List Price | 3 | 3 | 1,941 | $438 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this nearly 50-year-old property is well-maintained and functional but remains largely dated. While there are some updates like laminate flooring, the kitchen and bathrooms feature older cabinetry, tile work, and light fixtures that exceed the 20-year threshold, requiring modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 72963, living area = 2733.
The 1.67-acre lot provides significant privacy and versatility, offering ample space for animals, a workshop, or a potential ADU.
With over 2,700 sq ft including two primary suites and a bonus room, the layout is ideal for multi-generational living or large families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2733, other record living area = 1577. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1975, the home may require modernization of its original systems and finishes to meet contemporary aesthetic and efficiency standards.
The conversion of the garage into a bonus room eliminates covered vehicle storage, which may be a drawback for buyers prioritizing protected parking.
Spacious 4-bedroom 3-bath home offering approximately 2,700 sq ft plus a Bonus room. Sitting on 1.67+/- acres with a beautifully landscaped front yard with mature shade trees. Enjoy the lovely view out back of your pasture and the trees along the creek. This home features 2 primary bedrooms, 2 additional bedrooms, living room, great room, as well as a converted garage Bonus Room. The kitchen is open to dinning room and great room with a wrap-around bar counter perfect for entertaining. The back yard features two separate patio areas and 3 sheds for all your storage needs. This property has acreage for animals or privacy and plenty of area to build a shop or ADU. Just minutes to grocery stores, gas, restaurants, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,733 | 1,920 | 81% |
| Lot Size | 72,963 | 37,000 | 64% |
| Price | $924.9K | $860.0K | 62% |
| Price per sq ft | $338 | $459 | 9% |
| Built year | 1975 | 1986 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 129 | 3% |
May 22, 2026
$924,900
Initial Listing