Capitalize on the opportunity to reimagine 5265 Magdalena, a charming 2-bedroom, 2-bathroom home situated on an expansive 9,850-square-foot lot at the end of a quiet street near the heart of downtown Atascadero. Shops, dining and activities are just moments away. The house offers approximately 1,337 square feet of living space with room to expand.
The large lot is shaded by beautiful mature oak trees creating a welcoming outdoor space with room to garden, entertain, relax, or bring your own ideas to life. Inside this functional, single level floor plan, you'll appreciate the wood-burning stove which adds warmth and character as well as the abundant natural light filtering in through the wood-cased windows.
Ready to renovate? Maximize the existing property while taking advantage of the generous lot size. Check with the city for the potential addition of a garage and/or ADU. Whether you're looking to embark on a starter home or capitalize on the investment opportunity this is the perfect canvas.
For sale
Listed by: Compass • Kerry Sansone • Contact: Kerry@KerrySansone.com
$450,000
5265 Magdalena Ave, Atascadero, CA 93422
2beds
1,337sqft
Single Family Residence
Built in 1954
9,850 Square Feet Lot
$670,900 Zestimate®
$337/sqft
$-- HOA
What's special
- 2 days
- 1,357
- 137
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kerry Sansone DRE #01491516 Kerry@KerrySansone.com,
Compass,
Jessica Padilla DRE #02130559,
Compass
Source: CRMLS,MLS#: SC26214619
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Primary Bedroom, Other
Primary bedroom
- Features: Multiple Primary Suites
Bathroom
- Features: Bathtub, Tub Shower
Heating
- Wood Stove, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range
- Laundry: Inside, Laundry Room
Features
- Multiple Primary Suites
- Windows: Double Pane Windows, Wood Frames
- Has fireplace: Yes
- Fireplace features: Family Room, Free Standing, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,337 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, On Street, Unpaved
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood, Trees/Woods
Lot
- Size: 9,850 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 028354012
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Septic Tank
Community & HOA
Community
- Features: Suburban
- Subdivision: Atnortheast(10)
Location
- Region: Atascadero
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $526,043
- Date on market: 10/2/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA 203(k)
Estimated market value
$670,900
$624,000 - $711,000
$3,024/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $450,000+21.6%$337/sqft |
Source:  CRMLS #SC26214619 Report a problem | ||
| 4/15/2005 | Sold | $370,000+9.1%$277/sqft |
Source: Public Record Report a problem | ||
| 9/17/2004 | Sold | $339,000+33800%$254/sqft |
Source: Public Record Report a problem | ||
| 2/10/1998 | Sold | $1,000$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $526,043 +2% |
| 2025 | $5,811 +4.9% | $515,729 +2% |
| 2024 | $5,541 +0.1% | $505,618 +2% |
| 2023 | $5,537 +1.3% | $495,705 +2% |
| 2022 | $5,467 +2.1% | $485,986 +2.1% |
| 2021 | $5,353 +9.8% | $476,000 +9.7% |
| 2020 | $4,873 | $434,000 |
| 2019 | $4,873 +3.6% | $434,000 +3.6% |
| 2018 | $4,702 +12% | $419,000 +11.7% |
| 2017 | $4,200 +16.8% | $375,000 +16.5% |
| 2016 | $3,595 | $322,000 +9.9% |
| 2015 | $3,595 +18.2% | $293,000 |
| 2014 | $3,040 | $293,000 +36.3% |
| 2012 | -- | $215,000 -14% |
| 2011 | -- | $250,000 -9.1% |
| 2010 | -- | $275,000 |
| 2009 | -- | $275,000 -23.4% |
| 2008 | -- | $359,000 -6.7% |
| 2007 | -- | $384,948 +2% |
| 2006 | -- | $377,400 +11.3% |
| 2005 | -- | $339,000 +118.2% |
| 2004 | -- | $155,392 +1.9% |
| 2003 | -- | $152,545 +2% |
| 2002 | -- | $149,555 +2% |
| 2001 | -- | $146,623 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 93422
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