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Pending
  • Listed by: eXp Realty of Greater Los Angeles, Inc. • Risa Brown • Contact: 805-549-0899
    $849,000

    16255 Walnut Ave, Atascadero, CA 93422

    4beds
    2,511sqft
    : 
    $5,805/mo
    Get pre-qualified
    Single Family Residence
    Built in 1956
    1.4 Acres Lot
    $868,100 Zestimate®
    $338/sqft
    $-- HOA

    What's special

    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.
    25 days
    187
    2

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Risa Brown DRE #01926264 805-549-0899,

    eXp Realty of Greater Los Angeles, Inc.

    Source: CRMLS,MLS#: NS26183395MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 2
      Rooms
      • Room types: Kitchen, Laundry, Living Room, Other
      Heating
      • Wood Stove, Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
      Features
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,511 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      • Uncovered spaces: 6
      Features
      • Levels: One,Two
      • Stories: 1
      • Entry location: front
      • Pool features: None
      • Spa features: None
      • Fencing: Needs Repair
      • Has view: Yes
      • View description: Pasture, Trees/Woods
      Lot
      • Size: 1.4 Acres
      • Features: Front Yard, Horse Property, Lot Over 40000 Sqft, Trees
      Details
      • Parcel number: 059482014
      • Special conditions: Standard,Trust
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1956

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: See Remarks
      • Utilities for property: Electricity Connected, Natural Gas Connected, Propane, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Rural
      • Subdivision: Atsouth(30)
      Location
      • Region: Atascadero

      Financial & listing details

      • Price per square foot: $338/sqft
      • Tax assessed value: $459,898
      • Date on market: 8/20/2026
      • Cumulative days on market: 25 days
      • Listing terms: Cash to New Loan,Conventional
      • Exclusions: Tenant personal property. Window coverings, portable AC and washer at 16255. Washer, dryer, Tuff Shed and horse stalls at 16255 1/2.
      • Road surface type: Paved

        Estimated market value

        $868,100

        $825,000 - $912,000

        $3,883/mo

        Price history

        DateEventPrice
        9/11/2026Pending sale$849,000$338/sqft
        Source: CRMLS #NS26183395 Report a problem
        8/27/2026Contingent$849,000$338/sqft
        Source: CRMLS #NS26182689 Report a problem
        8/21/2026Listed for sale$849,000$338/sqft
        Source: eXp Realty #NS26182689 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $459,898 +2%
        2025$5,150 +4.9%$450,882 +2%
        2024$4,912 +0%$442,042 +2%
        2023$4,910 +1.3%$433,376 +2%
        2022$4,849 +2%$424,879 +2%
        2021$4,754 +1%$416,549 +1%
        2020$4,705 +2%$412,279 +2%
        2019$4,613 +2%$404,196 +2%
        2018$4,523 +2%$396,272 +2%
        2017$4,434 +2%$388,503 +2%
        2016$4,347 $380,887 +1.5%
        2015$4,347 +11.2%$375,167 +2%
        2014$3,910 $367,819 +2.5%
        2012-- $358,979 +2%
        2011-- $351,941 +0.8%
        2010-- $349,312 +1.8%
        2008-- $343,278 +2%
        2007-- $336,548 +2%
        2006-- $329,950 +2%
        2005-- $323,481 +2%
        2004-- $317,140 +1.9%
        2003-- $311,328 +2%
        2002-- $305,224 +32.7%
        2001-- $230,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 93422

        Getting around

        0 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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