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5 Beds
4 Baths
3,027 sqft

$1,299,000

7055 Balboa, ATASCADERO CA, 93422

Price per sqft$429.14
Built in1977
Property size3,027 sqft
Property typeResidential

Overview

Active

Listed Oct 21, 2026

Updated 3h ago

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. The first residence is an adorable 1,371 square foot single-story home featuring 2 bedrooms and 2 bathrooms including a detached garage that has been converted into additional living space and includes an additional bedroom and bathroom, providing flexibility for guests, extended family, a home office, or potential rental use. Located at the opposite end of the parcel for enhanced privacy, the second residence at 7000 Balboa Road offers 3 bedrooms, 2 bathrooms, and an interior laundry room. Additional improvements include an outdoor storage shed and a separate artist's studio/office with a full bathroom, creating opportunities for creative pursuits, remote work, hobbies, or additional guest accommodations. The thoughtful placement of the homes allows for independent living arrangements while still enjoying the benefits of a shared property. 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 spaces, and usable acreage in one of Atascadero's most sought-after locations.

$8,642/mo

Est. mortgage payment based on a $1,299,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NS26239465MR

Interior Features

Bedrooms
5
Bathrooms
4
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.1 Acres

Other Property Details

Garage
Yes
View
Yes

Listed by Jean Ponek with Ponek Real Estate Group
Listing Contact: 805-466-4183 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Hallid Sayed Ashrafnia | CA DRE# 01345982 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/14/2026

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