Listed by Jean Ponek•DRE #01384713• Ponek Real Estate Group
Contact: 805-610-6112
For sale
$1,299,000
Est. $8,549/mo —
5
bd
•
4 ba
•
3,027
sq ft
7000 Balboa, Atascadero, CA 93422
About this home
Rare Opportunity - Two Homes on Approximately 4.1 Flat, Usable Acres in Prime Atascadero Location Enjoy the best of both worlds with this unique property offering rural charm and privacy while remaining just minutes from shopping, dining, schools, and everyday conveniences in Atascadero. Situated on approximately 4.1 level, usable, fenced acres, this exceptional property features two separate residences, each with its own address, creating endless possibilities for multi-generational living, rental income, investment potential, or owner occupancy with a guest home. 7000 Balboa Road offers 3 bedrooms, 2 bathrooms, and an interior laundry room. Additional improvements include a detached artist's studio/office with a full bathroom and an outdoor storage shed. The thoughtful placement of the homes creates privacy and independence for each residence while still enjoying the benefits of a shared property. Located at the opposite end of the property, 7055 Balboa Road is an adorable 1,371± square foot single-story home featuring 2 bedrooms and 2 bathrooms. A detached garage has been converted into additional living space and includes a bedroom and bathroom, providing flexibility for guests, extended family, a home office, or potential rental use. This rare offering combines usable acreage, dual residences, and a highly desirable location close to town. Whether you're seeking an income-producing property, space for extended family, or a private country setting with room to grow, this property presents an exceptional opportunity. A truly rare chance to own two homes, additional living space, usable acreage, and endless possibilities in one of Atascadero's most sought-after locations.
Two Homes Sit At Opposite Ends Of Very Nice Flat/Fenced Parcel Near Monterey Rd. Grammar School. Two Story 1500 Sf 3/2 Has Large Laundry Room That Could Be 4th Br. And Is Legal Second Dwelling With Kitchen Per City Of Atasc. Single Story Main Home Has 1350 Sf And 2bd/2ba And Sits At Elevated End Of Parcel. These Homes Could Easily Yeild 2600/Mo. Rents Or Live In One And Have Tenants Pay Half The Mortgage; or Put Kids/Parents In The Other Home. Built In 1982, Both Homes Just Completing Refurbishment Including Remodled Baths/Heating Units/ Water Heaters/Flooring/Paint/Gutters, Etc. Ready For Top Rents Or Owner Occupancy. Lot Description: 4 Acres
As the MLS and public records start to fill up, we'll list the details here.
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Public record
Zoning
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Single Family Residential
County
San Luis Obispo County
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Last updated by owner on Sep 22, 2024.
RS
SALINAS RIVER SUB AREA
NORTH COUNTY PLANNING AREA
INLAND AREA
Residential Suburban Zoning District
This zone is established to provide for large lot residential uses in areas outside the urban services line or in other areas where large lots are desirable to protect land uses and buildings subject to inundation, steep slopes or other hazards.
Zone overlays
Permitted uses
Include but are not limited to:
Housing
Housing-Single unit
Housing-Senior
Infrastructure
Housing-Mobile home park
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
5/10 Heat Factor
8 days above 92° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Atascadero, CA • 93422
Average low and high temperatures (°F)
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36
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41
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76
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54
89
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81
56
74
48
65
43
63
41
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Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Atascadero. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7000 Balboa
$1,297,758
$1,242 under list price of $1.30M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $940K to $1.4M.