8505 Santa Cruz, Atascadero, California 93422, Atascadero, 93422 - 3 bed, 3 bath
Loading property details...
Atascadero, California 93422
This Private Hillside Estate represents a Strong Value Opportunity, listed at $999,000—positioned well below the $1,061,636 Fair Market Value by 5%. This valuation gap secures $62,636 in Instant Equity for the buyer. Maintaining a Condition Rating of 3, the residence features a Contemporary Granite Kitchen, Hardwood Flooring, and Vaulted Ceilings. The expansive 4.27-Acre Lot includes Mountain Views, a Private Putting Green, and RV Parking within the Atascadero Unified School District. This is an ideal acquisition for Owner-Occupants or Privacy-Seeking Families.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with significant updates. Although built in 1992, the home features a contemporary kitchen with granite countertops and stainless steel appliances, high-quality hardwood flooring, and updated bathroom vanities. The interior and exterior systems appear well-maintained, and the addition of premium outdoor amenities like the putting green and firepit indicates the property has been kept in high-quality condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 186001, living area = 2700.
Situated on approximately 4.27 tranquil acres surrounded by mature oak trees, this property offers exceptional privacy and a serene natural setting that is rare to find.
The 2,700 sqft floor plan includes a significant bonus area and vaulted ceilings, providing flexible space for a home gym, hobby room, or future expansion to suit various lifestyle needs.
Multiple recent price reductions from the original $1.075M listing price and the 'highly motivated' seller status may indicate previous overvaluation or difficulty securing a buyer at the current price point.
The large 4.27-acre lot with dense natural vegetation and oak trees requires significant ongoing labor and expense to manage landscaping and maintain fire-safe defensible space.
This stunning 2700 sf, 3 bedroom, 3 bathroom home sits on ~4.27 tranquil acres, offering the perfect blend of privacy, comfort and breathtaking views. The layout is practical and welcoming, with easy ground-floor access just a few steps from the garage, making everyday living simple and convenient. Inside the main living area and you’re immediately welcomed by beautiful hardwood floors, vaulted ceilings and expansive windows that frame the spectacular scenery beyond. A quaint wood-burning stove with a brick surround anchors the living room, creating a cozy focal point for cool evenings. The dining area is thoughtfully positioned between the living room and kitchen, making it ideal for both everyday living and entertaining. The contemporary kitchen features granite countertops, stainless steel appliances and a spacious walk-in pantry, offering both style and functionality. Down the hall, you’ll find two comfortable guest bedrooms and a well-appointed main bathroom. At the end of the hallway, the primary suite serves as a private retreat, boasting vaulted ceilings and multiple windows that flood the space with natural light. The ensuite bathroom includes dual granite topped vanities, a walk-in closet and a separate bathing area with a relaxing soaking tub/shower combination. The home also features a spectacular bonus area that provides endless possibilities—perfect for a family room, exercise space, hobby area or even future expansion. Outside, the property truly shines. A spacious back patio offers ample room for entertaining or simply relaxing and taking in the surroundings. To the side of the home, enjoy a fantastic firepit and putting green that is sure to provide hours of fun and memorable gatherings. A large RV parking area accommodates a trailer, boat or additional vehicles with ease. With its divine location, open space and serene natural setting, this exceptional property is a must-see for those seeking privacy, views and a true connection to nature. THE SELLER IS HIGHLY MOTIVATED, don’t miss your opportunity to own this captivating property. Please review the Virtual Tour for more information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,700 | 1,942 | 76% |
| Lot Size | 186,001 | 32,670 | 85% |
| Price | $899.0K | $850.0K | 57% |
| Price per sq ft | $333 | $453 | 9% |
| Built year | 1992 | 1987 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 171 | 25% |
Apr 2, 2026
$899,000
$975,000
-8% Price Drop
Initial Listing
Mar 19, 2026
$975,000
$999,000
-2% Price Drop
Initial Listing
Mar 5, 2026
$999,000
$1,025,000
-3% Price Drop
Initial Listing
Feb 26, 2026
$1,025,000
$1,049,000
-2% Price Drop
Initial Listing
Feb 25, 2026
$1,049,000
Initial Listing
Jan 28, 2026
$1,075,000
Initial Listing
Sep 22, 2021
$875,000
Public Record
Oct 26, 1999
$252,500
Public Record