Income-Producing Multi-Use Ranch Retreat with Guest House, Equestrian Amenities & More! Welcome to your dream homestead—a truly one-of-a-kind, income-producing property that offers the perfect blend of country charm, modern luxury, and multi-functional use. The beautifully recently updated main home boasts 2,571 SF of thoughtfully designed living space, featuring 4 beds, 3 baths, and 2 offices. The open-concept kitchen, dining, and family area is an entertainer’s dream, anchored by a gourmet kitchen with granite countertops, a spacious island, high-end Dacor 6-burner range, a custom hammered stainless steel exhaust hood and a walk-in pantry. The luxurious primary suite includes a large walk-in closet and a spa-like bathroom with a barrel-ceiling walk-in shower, dual shower heads, and built-in benches. The Guest House is perfect for rental income or extended family (currently is a licensed STR). The charming 864 SF, 2-bed, 1-bath guest house features a full kitchen and a spacious wrap-around deck—ideal for relaxing and enjoying the views of the surrounding property. Outside, the property transforms into a private retreat designed for both enjoyment & functionality. A stunning 19’ dual-zone swim spa with lights & fountains is the centerpiece of the backyard, surrounded by an expansive view deck that overlooks the hills. Nearby, you'll find a Pinterest-worthy greenhouse & flourishing garden, as well as a custom-designed chicken coop. The two-stall barn is well-equipped with a feed room, tack room, goat house & a convenient horse wash station. For projects or storage, there's a 20x30 workshop with three roll-up doors. The property also includes dedicated RV parking with full hookups, making it easy to host guests or travel at a moment’s notice. The property is fully fenced and cross-fenced with durable oil pipe and no-climb fencing. It’s ideally set up for equestrian use, hobby farming, and FFA/4-H activities. The grounds are peaceful and productive, with an impressive array of mature fruit and nut trees—including 9 producing olive trees, apples, peaches, pears, cherries, apricots, persimmons, almonds, walnuts, avocados and a Meyer lemon—along with established grapes, raspberries, blackberries, and more. The landscaping is tranquil and thoughtfully planned, making your own backyard feel like a vacation destination.
This extraordinary property offers endless potential for income, recreation, and self-sufficiency—all in one beautifully maintained package.
Sold for $1,460,000
Street View
Listed by: Denise McGrew, Broker • Denise McGrew • Contact: 925-642-8042
Bought with: Peak Properties
$1,460,000
8950 Balboa Rd, Atascadero, CA 93422
6beds
3,435sqft
Single Family Residence
Built in 1981
2.43 Acres Lot
$1,476,700 Zestimate®
$425/sqft
$5,259 Estimated rent
Home value
$1,476,700
$1.34M - $1.61M
$5,259/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Denise McGrew DRE #01335531 925-642-8042,
Denise McGrew, Broker
Bought with:
Ryan Benson, DRE #01949307
Peak Properties
Source: CRMLS,MLS#: NS25174306
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 6
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Primary Bedroom, Office, Other, Pantry, Workshop, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Linen Closet, Multiple Shower Heads, Remodeled, Tub Shower, Upgraded, Walk-In Shower
Kitchen
- Features: Built-in Trash/Recycling, Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Remodeled, Updated Kitchen, Walk-In Pantry
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Range Hood, Self Cleaning Oven, Water Softener, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Pantry, Recessed Lighting, Tile Counters, Bar, Bedroom on Main Level, Main Level Primary, Walk-In Pantry, Walk-In Closet(s), Workshop
- Flooring: Carpet, Tile, Vinyl
- Doors: Double Door Entry
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Blower Fan, Family Room, Gas, Raised Hearth
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,435 sqft
Property
Parking
- Parking features: Concrete, Driveway, RV Hook-Ups, RV Access/Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Concrete, Deck, Patio, Wood, Wrap Around
- Exterior features: Rain Gutters
- Pool features: None
- Has spa: Yes
- Spa features: Above Ground, Heated
- Fencing: Cross Fenced
- Has view: Yes
- View description: Canyon, Hills, Mountain(s), Pasture
Lot
- Size: 2.43 Acres
- Features: 2-5 Units/Acre, Back Yard, Corner Lot, Drip Irrigation/Bubblers, Front Yard, Garden, Horse Property, Lot Over 40000 Sqft, Landscaped, Pasture
Details
- Additional structures: Barn(s), Guest House Detached, Greenhouse, Outbuilding, Shed(s), Two On A Lot, Workshop
- Parcel number: 050111017
- Zoning: RS
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Raised, Slab
- Roof: Tile
Condition
- Additions/Alterations,Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: 220 Volts Other, Electricity - On Property, 220 Volts in Kitchen, 220 Volts in Laundry, 220 Volts For Spa, See Remarks
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Biking, Foothills, Hiking
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Atnorthwest(20)
Location
- Region: Atascadero
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $1,101,415
- Annual tax amount: $12,501
- Date on market: 8/3/2025
- Cumulative days on market: 4 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Inclusions: See listing supplements
- Exclusions: See listing supplements
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Sold | $1,460,000+4.4%$425/sqft |
Source:  CRMLS #NS25174306 Report a problem | ||
| 8/8/2025 | Pending sale | $1,399,000$407/sqft |
Source: CRMLS #NS25174306 Report a problem | ||
| 8/3/2025 | Listed for sale | $1,399,000+45.6%$407/sqft |
Source: CRMLS #NS25174306 Report a problem | ||
| 8/4/2020 | Sold | $961,000-3.4%$280/sqft |
Source:  CRMLS #NS20089614 Report a problem | ||
| 6/17/2020 | Pending sale | $995,000$290/sqft |
Source: Navigators Real Estate #NS20089614 Report a problem | ||
| 5/14/2020 | Listed for sale | $995,000+358.5%$290/sqft |
Source: Navigators Real Estate #NS20089614 Report a problem | ||
| 6/30/1994 | Sold | $217,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,501 +11.1% | $1,101,415 +8% |
| 2024 | $11,254 +0.1% | $1,019,820 +2% |
| 2023 | $11,248 +1.3% | $999,824 +2% |
| 2022 | $11,107 +2% | $980,220 +2% |
| 2021 | $10,888 +81.5% | $961,000 +80.4% |
| 2020 | $5,999 +2% | $532,634 +2% |
| 2019 | $5,880 +2% | $522,191 +2% |
| 2018 | $5,763 +2% | $511,953 +2% |
| 2017 | $5,648 +2% | $501,916 +2% |
| 2016 | $5,536 | $492,075 +1.5% |
| 2015 | $5,536 +11.2% | $484,685 +2% |
| 2014 | $4,977 | $475,191 +7.9% |
| 2012 | -- | $440,240 +2% |
| 2011 | -- | $431,608 +0.8% |
| 2010 | -- | $428,383 -0.2% |
| 2009 | -- | $429,401 +2% |
| 2008 | -- | $420,983 +2% |
| 2007 | -- | $412,729 +2% |
| 2006 | -- | $404,637 +2% |
| 2005 | -- | $396,704 +2% |
| 2004 | -- | $388,927 +11% |
| 2003 | -- | $350,300 +1.9% |
| 2002 | -- | $343,717 +6.5% |
| 2001 | -- | $322,763 |
Find assessor info on the county website
Neighborhood: 93422
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Nearby schools
GreatSchools rating
- 6/10Monterey Road Elementary SchoolGrades: K-5Distance: 1.7 mi
- 7/10Atascadero Middle SchoolGrades: 6-8Distance: 3.3 mi
- 8/10Atascadero High SchoolGrades: 9-12Distance: 3.1 mi
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- California
- San Luis Obispo County
- Atascadero
- 93422
- 8950 Balboa Rd
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