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$875,000
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Property Description
BEAUTIFUL RENOVATION POSSIBILITIES! Atascadero Colony home with three additional single story units on over a third of an acre. The main house is over 1200 square feet with two bedrooms and one bath. The units were built in 1986 and are 960 square feet each with two bedrooms and one and three-quarter baths each. This property has so much to offer, is a wonderful investment opportunity, plus it's located close to beautiful downtown Atascadero. Call your favorite Realtor and make plans to see it today.
Full Property Details
Full Property Details for 5340 Palma
General
- Sold For: $875,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: NS26017156
- Added to Site: 96 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking: Off-Street
Location
- County: San Luis Obispo
- Subdivision: ATSoutheast(40)
- Driving Directions: From 101, take 41 exit and travel north on El Camino, turn right on Rosario, left on Palma, house on LHS
School Information
- School District: Atascadero Unified
Community
- Community Features: Suburban
Heating & Cooling
- Cooling Type: See Remarks
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Single Family Residence
- Common Walls: 1 Common Wall
- Entry Location: Stairs to front porch
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,084
- Sq. Ft. Source: Assessor
- Year Built: 1915
- Year Built Source: Assessor
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.3937
- Lot Size Source: Assessor
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $214.25
Disclosures and Reports
- Special Conditions: Standard
Listed by Academe Real Estate, Linda Hamilton
Sold by Retreat Vacation Rentals, Leslie Yarlott
Get Pre-Approved Today
Schools
Schools serving 5340 Palma
School District:Atascadero Unified School District
| Name | Grades | Distance |
|---|---|---|
San Benito Elementary School 4300 San Benito Road, Atascadero, CA 93422 | K-5 | 1.7 mi |
Atascadero Middle School 6501 Lewis Avenue, Atascadero, CA 93422 | 6-8 | 0.4 mi |
Atascadero High School 1 High School Hill Road, Atascadero, CA 93422 | 9-12 | 0.5 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 5340 Palma
Date
Details
Price
Change
Source
4/29/2026
Sold
$875,000
-12.41%
MLS
3/10/2026
Price Reduced
$999,000
-9.18%
MLS
1/26/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5340 Palma, Atascadero, CA 93422 (MLS# NS26017156) is a Single Family property that was sold at $875,000 on April 29, 2026. Want to learn more about 5340 Palma? 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.

