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$828,548
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Property 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.
Full Property Details
Full Property Details for 16255 Walnut
General
- Sold For: $828,548
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: NS26183395
- Added to Site: 50 day(s) ago
Interior
- Rooms/Areas: Laundry, See Remarks, Kitchen, Living Room
- Fireplace: Yes
- Fireplace(s): Wood Burning, Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking: Driveway
Location
- County: San Luis Obispo
- Subdivision: ATSouth(30)
- Driving Directions: El Camino to Walnut
School Information
- School District: Atascadero Unified
Community
- Community Features: Rural
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace, Wood Stove
Utilities
- Sewer: Conventional Septic
- Water: See Remarks
Structural Information
- Structure Type: Single Family Residence
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: front
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 2,511
- Sq. Ft. Source: Assessor
- Year Built: 1956
- Year Built Source: Assessor
Lot Features
- Property View: Pasture, Trees/Woods
- Lot Size (Acres): 1.4
- Lot Size Source: Assessor
- Lot Description: Treed Lot, Lot Over 40000 Sqft, Front Yard, Horse Property
- Fencing (Description): Needs Repair
Financial Considerations
- Price Per Sq. Ft.: $329.97
Disclosures and Reports
- Special Conditions: Trust, Standard
Listed by eXp Realty of Greater Los Angeles, Inc., Risa Brown
Sold by LIV Sotheby's International Realty, Kimberly Alford
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Schools
Schools serving 16255 Walnut
School District:Atascadero Unified School District
| Name | Grades | Distance |
|---|---|---|
Santa Margarita Elementary School, Santa Margarita, CA 22070 H Street, Santa Margarita, CA 93453 | K-5 | 2 mi |
Atascadero Middle School 6501 Lewis Avenue, Atascadero, CA 93422 | 6-8 | 5.8 mi |
Atascadero High School 1 High School Hill Road, Atascadero, CA 93422 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16255 Walnut
Date
Details
Price
Change
Source
10/02/2026
Sold
$828,548
-2.41%
MLS
8/20/2026
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16255 Walnut, Atascadero, CA 93422 (MLS# NS26183395) is a Single Family property that was sold at $828,548 on October 02, 2026. Want to learn more about 16255 Walnut? Do you have questions about finding other Single Family real estate for sale in Atascadero? You can browse all Atascadero real estate or contact a Coldwell Banker agent to request more information.

