16255 Walnut , Atascadero, CA 93422
$849,000
Est. Payment: $4,631.04/mo
4 Bed
4 Bath
2511 Sqft
1.4 Acres
Status: Pending | Days on site: 5
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NSEXPRGLA - NS01926264
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House 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.

Highlights

Listed by Risa Brown , 805-549-0899 eXp Realty of Greater Los Angeles, Inc. , 888-652-1314. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
1.4

Year Built

1956

County

San Luis Obispo

Area

ATSC - Atascadero

Neighborhood

ATSouth(30)

Listing ID

NS26182689

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
Air Cond:Wall/Window Unit(s)
Fireplaces:Living Room,Wood Burning
Water:See Remarks

Exterior Features

Lot:Front Yard,Horse Property,Lot Over 40000 Sqft,Trees,No Land Lease
Garage Capacity:6
Roof:Composition
Others:
  • ▪ Additional:2+ Total Units
Sewer:Septic Tank
Parking Features:Driveway
Principal Interest
$4,631
Taxes
$541

Home Price

$849,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$169,800
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Monthly Price:
$4,631.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,631.04 $541.24 $0.00 $5,172.28
Yearly $55,572.46 $6,494.85 $0.00 $62,067.31
Total $1,667,173.72 $194,845.50 $0.00 $1,862,019.22

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Atascadero, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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