MASSIVE PRICE IMPROVEMENT! Don’t Miss This Unbeatable Investment Opportunity!
Now is the time to act on this incredible value in one of Atascadero’s most desirable locations! Whether you''re a savvy investor, experienced developer, or someone with a vision, this property is now priced to MOVE—and the potential here is simply unmatched.
Located on a spacious prime corner lot, this property comes with approved plans to build eight 2-bedroom, 1-bathroom apartment units, plus upstairs and downstairs laundry facilities—all behind the existing home. That’s right: plans and a bid package are already in place, making it seamlessly ready for development. Opportunities like this are extremely rare, especially at this new price point!
The front residence is a well-maintained 4-bedroom, 2-bathroom home currently generating $3,600/month in rental income. Inside, you’ll find thoughtful upgrades including dual-pane windows, laminate wood flooring, updated stucco exterior, stamped concrete patio and walkways, and low-maintenance landscaping. The open-concept layout and modern finishes make the home both stylish and functional.
Situated in highly sought-after West Atascadero, just moments from the Atascadero Lake, Charles Paddock Zoo, Stadium Park, and Downtown—plus less than 15 minutes to the beach and Central Coast wine country—this location checks every box.
Whether you''re looking to build out your portfolio, generate long-term rental income, or live onsite while developing, this is your moment.
Big Price Drop. Bigger Potential. Schedule your showing today before this rare opportunity is gone!
Now is the time to act on this incredible value in one of Atascadero’s most desirable locations! Whether you''re a savvy investor, experienced developer, or someone with a vision, this property is now priced to MOVE—and the potential here is simply unmatched.
Located on a spacious prime corner lot, this property comes with approved plans to build eight 2-bedroom, 1-bathroom apartment units, plus upstairs and downstairs laundry facilities—all behind the existing home. That’s right: plans and a bid package are already in place, making it seamlessly ready for development. Opportunities like this are extremely rare, especially at this new price point!
The front residence is a well-maintained 4-bedroom, 2-bathroom home currently generating $3,600/month in rental income. Inside, you’ll find thoughtful upgrades including dual-pane windows, laminate wood flooring, updated stucco exterior, stamped concrete patio and walkways, and low-maintenance landscaping. The open-concept layout and modern finishes make the home both stylish and functional.
Situated in highly sought-after West Atascadero, just moments from the Atascadero Lake, Charles Paddock Zoo, Stadium Park, and Downtown—plus less than 15 minutes to the beach and Central Coast wine country—this location checks every box.
Whether you''re looking to build out your portfolio, generate long-term rental income, or live onsite while developing, this is your moment.
Big Price Drop. Bigger Potential. Schedule your showing today before this rare opportunity is gone!
Current real estate data for Single Family in Atascadero as of Aug 30, 2025
85
Single Family Listed
103
Avg DOM
485
Avg $ / SqFt
$984,305
Avg List Price
Property Details
Price:
$995,000
MLS #:
SC25135804
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ATNorthwest20
Neighborhood:
atscatascadero
Listed Date:
Jun 17, 2025
Finished Sq Ft:
1,583
Lot Size:
17,725 sqft / 0.41 acres (approx)
Year Built:
1954
Schools
School District:
Atascadero Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Laminate
Heating
Forced Air
Laundry Features
Individual Room, Inside
Exterior
Community Features
Biking, Hiking, Lake, Park
Construction Materials
Stucco
Parking Features
Parking Space, R V Access/ Parking
Parking Spots
0.00
Roof
Composition
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address6855 Atascadero Avenue Atascadero CA
- NeighborhoodATSC – Atascadero
- SubdivisionATNorthwest(20)
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
Subdivisions in Atascadero
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Property Summary
- Located in the ATNorthwest(20) subdivision, 6855 Atascadero Avenue Atascadero CA is a Single Family for sale in Atascadero, CA, 93422. It is listed for $995,000 and features 4 beds, 2 baths, and has approximately 1,583 square feet of living space, and was originally constructed in 1954. The current price per square foot is $629. The average price per square foot for Single Family listings in Atascadero is $485. The average listing price for Single Family in Atascadero is $984,305.
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Similar Listings Nearby
Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
More About Bunny
Courtesy of Christie’s International Real Estate Sereno. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 6855 Atascadero Avenue
Atascadero, CA
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