16255 Walnut Atascadero, CA $ 849,000
16255 Walnut
$ 849,000
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16255 Walnut

Atascadero, CA, 93422
$ 849,000
Baths2.0 Sq 2,511

Monthly Estimate*

$ 5,361

Listed by eXp Realty of Greater Los Angeles, Inc.
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Studio

Multi-Family Home for sale in Atascadero, CA

for $849,000 with 2 full baths. This 2,511 square foot home was built in 1956 on a lot size of 1.4.

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.

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Multi-Family Active

Price

$ 849,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.4

Year Built

1956

Town/City

Atascadero

County/Region

San Luis Obispo

MLS | Web ID

NS26182689

Days on Market

3

Features
General
Sewer Septic Tank
Heating Wood Stove Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Propane Sewer Connected Water Connected
Roof Composition
HOA Fee 0
Garage Spaces 0
Pool Features None
Exclusions Tenant personal property. Window coverings portable AC and washer at 16255. Washer dryer Tuff Shed and horse stalls at 16255 1/2.
Year Built 1956
Tenant Pays All Utilities
Stories Count 1
Levels One Two
Property Subtype Single Family Residence
Gross Income 0
Community Features Rural
County San Luis Obispo
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Subdivision Name ATSouth(30)
Garage Y/N false
Special Listing Conditions Standard Trust
Status Active
Directions El Camino to Walnut
City Atascadero
Entry Location front
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 2
MLS Area ATSC - Atascadero
Lot Size Units Square Feet
Lot Size Square Feet 60984
Carport Spaces 0
Number of Units Leased 2
Listing Terms Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Single Family Residence
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Interior
Fireplace Features Living Room Wood Burning
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Washer Hookup Gas Dryer Hookup Inside
Entry Level 1
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Exterior
Fencing Needs Repair
Parking Features Driveway
Lot Features Front Yard Horse Property Lot Over 40000 Sqft Trees
Water Source See Remarks
Total Parking 6
Lot Size Area 60984
Number of Buildings 2
Spa false
Building Area Total 2511
Lot Size Acres 1.4
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type County Road
Horse Y/N true
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* Excluded Features
List By
Exp Realty Of Greater Los Angeles, Inc.

Broker

larisa.brown@exprealty.com

Email

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$5,361
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Monthly Principal & Interest
$5,361
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$849,000 Listed Price

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16255 Walnut, Atascadero, CA, 93422 is a Multi-Family Home for sale at $849,000 with 2,511 sqft and a lot size of 1.4. 16255 Walnut is a studio with 2.0 baths and was built in 1956. The property's zip code is 93422 which is in Atascadero, CA