Off Market

16255 Walnut Ave, Atascadero, CA 93422

1.40 acres

Residential Income · Single Family Residence · Built 1956

Description

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.

Agent & source

Listed by
Risa Brown
Brokerage
eXp Realty of Greater Los Angeles, Inc.
DRE
#01926264
Phone
805-549-0899
MLS # NS26182689 Source CRMLS

Property details

Rooms & Layout

Levels
One, Two
Laundry
Gas Dryer Hookup, Inside, Washer Hookup

Property Features

Lot features
Lot Over 40000 Sqft, Front Yard, Horse Property, Treed Lot
Community
Rural
Road
County Road, Paved

Building & Construction

Roof
Composition

Exterior & Parking

Parking
Driveway
Fencing
Needs Repair
Common Walls
No Common Walls

Interior & Comfort

Heating
Wall Furnace, Wood Stove
Cooling
Wall/Window Unit(s)
Fireplace
Living Room, Wood Burning

Utilities

Water Source
See Remarks
Sewer
Conventional Septic
Propane, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

Nearby

Active Pending Closed Rental

School information not available for this property.

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All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15 13:30:51 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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