$849,000
 $4,558 est/mo Sourced by Back At You

16255 Walnut,Atascadero, CA 93422

Atascadero, CA 93422

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Description

Rare Garden Farms opportunity on 1.4 completely flat, usable acres with two separate residences. Tucked into the close-knit and highly coveted Garden Farms community between Atascadero and Santa Margarita, this property offers a country feel with easy access to Highway 101 for commuting to San Luis Obispo or Paso Robles. The neighborhood is known for its friendly, connected atmosphere, with regular community gatherings and a genuine sense of place. The property includes a 1956 two-bedroom, two-bath main home and a second two-bedroom, one-and-a-half-bath residence converted from a Dunn barn in the 1980s. Both homes are currently tenant occupied and offer separate utilities, interior laundry and wood-burning stoves. The main home has been more recently maintained with newer flooring and paint, while the barn residence offers an opportunity for renovation and personalization. The barn residence is recognized as a dwelling by the Assessor's Office but is not recognized as a permitted dwelling by the Building Department; buyers are encouraged to conduct their own due diligence regarding use and improvements. The land is the real standout. The entire parcel is essentially flat, a rare find in Atascadero, and offers pasture areas behind both homes, mature trees, established landscaping, and apricot and apple trees. The property is fully fenced and has room for gardens, animals, recreation, or simply enjoying the space. Walnut Street provides the primary access, while additional frontage along El Camino Real provides convenient access to the rear of the property for animals, equipment, or other acreage needs. The two separate septic systems add flexibility, with the main home's septic system replaced in 2021 and the barn home's septic system pumped and inspected at that time. With two existing homes, fully separate utilities, usable acreage, and a location that combines rural character with convenience, this property offers an uncommon opportunity for an investor, contractor, DIY buyer, or house-hacker willing to bring vision and improvements to the residences.

Details

MLS #NS26183395
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1956
Days On Site11
Listing Provided ByeXp Realty of Greater Los Angeles, Inc. | Risa Brown

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet2,511
Story(s)1
Units2
Acreage1.40
Property ViewYes

Interior

CoolingWall Window Units
HeatingWood Stove, Wall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoYes

Exterior

RoofComposition
Lot FeaturesFront Yard, Horse Property, Lot Over40000Sqft, Trees
FencingNeeds Repair

Parking

Parking FeaturesDriveway
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Propane, Sewer Connected, Water Connected
SewerSeptic Tank

Location

Community FeaturesRural

Area Information

StateCA
CountySan Luis Obispo
CityAtascadero
Zip Code93422
AreaATSC Atascadero
Community NameATSouth(30)
Listing VS Median (in ATSouth(30))
Price:
$849,000
low | high
Med:
$849,000
50% of Average
sqft:
2,511
low | high
Med:
2,511
50% of Average
$ / sqft:
$338
low | high
Med:
$338
50% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 93422

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Learn More About This Property

StateCA
CountySan Luis Obispo
CityAtascadero
Zip Code93422
AreaATSC Atascadero
Community NameATSouth(30)
Listing VS Median (in ATSouth(30))
Price:
$849,000
low | high
Med:
$849,000
50% of Average
sqft:
2,511
low | high
Med:
2,511
50% of Average
$ / sqft:
$338
low | high
Med:
$338
50% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $636K - $1.61M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
16255 Walnut Property Photo 1
$849,000
16255 Walnut
Atascadero, CA 93422
Listing Updated: August 27, 2026 at 1:05:33 PM PDT
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