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$450,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,337 Sq. Ft.
  • Updated 3 days ago
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Capitalize on the opportunity to reimagine 5265 Magdalena, a charming 2-bedroom, 2-bathroom home situated on an expansive 9,850-square-foot lot at the end of a quiet street near the heart of downtown Atascadero. Shops, dining and activities are just moments away. The house offers approximately 1,337 square feet of living space with room to expand. The large lot is shaded by beautiful mature oak trees creating a welcoming outdoor space with room to garden, entertain, relax, or bring your own ideas to life. Inside this functional, single level floor plan, you'll appreciate the wood-burning stove which adds warmth and character as well as the abundant natural light filtering in through the wood-cased windows. Ready to renovate? Maximize the existing property while taking advantage of the generous lot size. Check with the city for the potential addition of a garage and/or ADU. Whether you're looking to embark on a starter home or capitalize on the investment opportunity this is the perfect canvas.

Full Property Details for 5265 Magdalena Ave

General

  • Price: $450,000
  • Status: Pending
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SC26214619
  • Updated: 10/5/2026
  • Added to Site: 7 day(s) ago

Interior

  • Rooms/Areas: Two Primaries, See Remarks
  • Fireplace: Yes
  • Fireplace(s): Freestanding, Wood Burning, Family Room
  • Appliances: Gas Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside, Individual Room

Additional Information

  • Pool Description: None

Parking

  • Parking: Driveway, Unpaved, Street

Location

  • County: San Luis Obispo
  • Subdivision: ATNortheast(10)
  • Driving Directions: HWY 41 East. Turn Left on Mercedes. First left on Magdalena. Last house on left.

School Information

  • School District: Atascadero Unified

Community

  • Community Features: Suburban

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace, Wood Stove

Utilities

  • Sewer: Conventional Septic

Structural Information

  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows, Wood Frames
  • Disability Access: None
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,337
  • Sq. Ft. Source: Assessor
  • Year Built: 1954
  • Year Built Source: Assessor

Lot Features

  • Property View: Trees/Woods, Neighborhood
  • Lot Size (Acres): 0.2261
  • Lot Size (Sq. Ft.): 9,850
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $336.57

Disclosures and Reports

  • Special Conditions: Standard

Listed by Compass, Kerry Sansone and Compass, Jessica Padilla

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Listing agents

— 5265 Magdalena Ave —

  • Kerry Sansone

    Compass

  • Jessica Padilla

    Compass

Kerry@KerrySansone.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5265 Magdalena Ave

School District:Atascadero Unified School District
NameGradesDistance
San Benito Elementary School
4300 San Benito Road, Atascadero, CA 93422
K-51.9 mi
Atascadero Middle School
6501 Lewis Avenue, Atascadero, CA 93422
6-80.6 mi
Atascadero High School
1 High School Hill Road, Atascadero, CA 93422
9-121.1 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 5265 Magdalena Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2026
Listed
$450,000
21.62%
MLS
3/24/2005
Sold
$370,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5265 Magdalena Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,811
—
$526,043
2%
2025
$5,811
5%
$515,729
2%
2024
$5,541
—
$505,618
2%
2023
$5,537
1%
$495,705
2%
2022
$5,467
2%
$485,986
2%
2021
$5,353
10%
$476,000
10%
2020
$4,873
—
$434,000
—
2019
$4,873
4%
$434,000
4%
2018
$4,702
12%
$419,000
12%
2017
$4,200
17%
$375,000
16%
2016
$3,595
10%
$322,000
10%
2015
$3,263
7%
$293,000
—
2014
$3,040
30%
$293,000
27%
2013
$2,340
—
$230,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5265 Magdalena Ave

$
Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass, Kerry Sansone and Compass, Jessica Padilla

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5265 Magdalena Avenue, Atascadero, CA 93422 (MLS# SC26214619) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5265 Magdalena Avenue is currently listed for $450,000 and was received on October 02, 2026. Want to learn more about 5265 Magdalena Avenue? 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.

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