7650 Carmelita Avenue, Atascadero, California 93422, Atascadero, 93422 - 4 bed, 2 bath
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Atascadero, California 93422
This Single-Story Value-Add Residence is listed at $699,000, aligning closely with its $693,225 Fair Market Value to offer a stable and fair entry point into the Atascadero market. While currently holding a Dated Condition Rating, the property features a functional 4-bedroom layout and an expansive 16,000 sq ft lot, providing significant upside for cosmetic modernization and potential ADU expansion. With a separate office, workshop, and serene wooded views within the Atascadero Unified district, this home balances lifestyle utility with long-term investment potential. It is perfectly suited for Owner-Occupants looking to build equity or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7650 Carmelita Avenue Subject | $699,000* List Price | 4 | 2 | 1,969 | $352 | - |
A 8217 Larga Avenue Sold | $874,000 | 4 | 3 | 2,089 | $418 | 0.2 mi |
B 8120 Azucena Active | $799,000 List Price | 3 | 2 | 2,100 | $380 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the home is significantly dated despite recent carpet updates. The kitchen features 1980s/90s-era blue laminate countertops and older cabinetry, and the bathrooms/fixtures appear to be over 30 years old. While functional and move-in ready, the property requires comprehensive cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16000, living area = 1969.
The property sits on a substantial 16,000 sq ft lot, offering exceptional outdoor space for recreation, gardening, or the potential addition of an Accessory Dwelling Unit (ADU).
With nearly 2,000 sq ft of living space and four bedrooms on a single level, this home provides a highly accessible and versatile floor plan suitable for families or those looking to downsize.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1969, other record living area = 1226.
Built in 1958, the home features older configurations such as laundry located in the garage and a front carport rather than a fully enclosed garage, which may require modernization.
The listing history shows significant price fluctuations since its original market entry, which could indicate initial overpricing or a lack of immediate market traction at higher price points.
SINGLE-STORY PATIO HOME ON A LARGE LOT! This 4-bedroom, 2-bath single-story patio home sits on an approximately 16,000 sq ft lot and offers a functional layout with plenty of space. Recent updates include new carpeting throughout. The home features a spacious living room with a fireplace and window seat, a separate office, and an elevated kitchen with an island and hanging pot rack. There is ample cabinetry and built-in storage throughout the home. The primary bedroom includes a dual-sink vanity, and both bathrooms offer tub/shower combinations. Additional features include laundry in the garage, a separate workshop area, and a front carport. The large lot provides plenty of outdoor space, and the property is located within San Luis Obispo County, with convenient access to shopping and local amenities. Located at 7650 Carmelita in Atascadero, this property offers a practical option with room to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,969 | 1,955.5 | 50% |
| Lot Size | 16,000 | 32,016.7 | 31% |
| Price | $699.0K | $850.0K | 25% |
| Price per sq ft | $355 | $450 | 16% |
| Built year | 1958 | 1986 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 171 | 4% |
Apr 15, 2026
$699,000
$750,000
-7% Price Drop
Initial Listing
Apr 2, 2026
$750,000
$600,000
+25% Price Increase
Initial Listing
Mar 20, 2026
$600,000
Initial Listing