16255 Walnut

Atascadero, CA
$ 849,000 Beds 4 Baths 3.5 Sq 2,511
Monthly Estimate* How much can I afford?

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.

Pending

  • Price
  • $ 849,000
  • City
  • Atascadero
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • San Luis Obispo
  • Half Bathrooms
  • 1
  • Area
  • Atascadero
  • Lot Size
  • 1.4 Acres
  • Zip
  • 93422
  • Sqr Footage
  • 2,511
  • Year Built
  • 1956
  • Style
  • MLS#
  • NS26183395
Listed By: Risa Brown with eXp Realty of Greater Los Angeles, Inc.; 805-549-0899
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 2511
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
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
View Pasture,Trees/Woods
Stories Count 1
Levels One,Two
Property Subtype Single Family Residence
Community Features Rural
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Subdivision Name ATSouth(30)
Garage Y/N false
Full Baths 3
Special Listing Conditions Standard,Trust
Status Pending
Directions El Camino to Walnut
City Atascadero
Entry Location front
Senior Community Y/N false
High School District Atascadero Unified
Open Parking Spaces 6
Number Of Units Total 2
MLS Area ATSC - Atascadero
Lot Size Units Square Feet
Lot Size Square Feet 60984
Listing Terms Cash to New Loan,Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Single Family Residence
PostalCity ATASCADERO

Interior Features

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
Half Baths 1
Laundry Features Washer Hookup,Gas Dryer Hookup,Inside
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 3
LivingAreaSource Assessor
Total Baths 4

Exterior Features

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
Spa false
Lot Size Acres 1.4
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type County Road
Horse Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/21/2026 Listed $849,000

Property vs Zip Code Average in 93422

Price
AVG $920K
$850K
Year Built
AVG 1984
1956

In The Neighborhood

Areas That We Cover

16255 Walnut Atascadero, CA is a Single Family Home for sale at $849000 with 2511 sqft and a lot size of 1.4 Acres Acre(s). 16255 Walnut Atascadero has 4 bedrooms, 3 baths and was built in 1956. The property's zip code is 93422 which is in Atascadero, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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