16255 Walnut AVE, Atascadero, CA 93422 (MLS # NS26182689)

Price $849,000
Status Active
Beds 0
Baths 0 Bath
Home size 2,511 sqft
Lot Size 1.40 ac
Days on Market 2
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.
Property Type(s): Residential Income
Last Updated 8/20/2026 Tract ATSouth(30)
Year Built 1956 Community ATSC - Atascadero
County San Luis Obispo

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA ATSC - Atascadero
FIREPLACE Yes
HEAT Wall Furnace, Wood Stove
LOT 1.4 acre(s)
LOT DESCRIPTION Front Yard, Wooded
LOT DIMENSIONS 60984
PARKING Driveway
POOL DESCRIPTION None
SEWER Septic Tank
STORIES One, Two
SUBDIVISION ATSouth(30)
UTILITIES Electricity Connected, Natural Gas Connected, Propane, Sewer Connected, Water Connected
WATER See Remarks

Location

 

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Listed with eXp Realty of Greater Los Angeles, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 8/21/26 3:49 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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