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$1,460,000
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Property Description
Income-Producing Multi-Use Ranch Retreat with Guest House, Equestrian Amenities & More! Welcome to your dream homestead-a truly one-of-a-kind, income-producing property that offers the perfect blend of country charm, modern luxury, and multi-functional use. The beautifully recently updated main home boasts 2,571 SF of thoughtfully designed living space, featuring 4 beds, 3 baths, and 2 offices. The open-concept kitchen, dining, and family area is an entertainer's dream, anchored by a gourmet kitchen with granite countertops, a spacious island, high-end Dacor 6-burner range, a custom hammered stainless steel exhaust hood and a walk-in pantry. The luxurious primary suite includes a large walk-in closet and a spa-like bathroom with a barrel-ceiling walk-in shower, dual shower heads, and built-in benches. The Guest House is perfect for rental income or extended family (currently is a licensed STR). The charming 864 SF, 2-bed, 1-bath guest house features a full kitchen and a spacious wrap-around deck-ideal for relaxing and enjoying the views of the surrounding property. Outside, the property transforms into a private retreat designed for both enjoyment & functionality. A stunning 19' dual-zone swim spa with lights & fountains is the centerpiece of the backyard, surrounded by an expansive view deck that overlooks the hills. Nearby, you'll find a Pinterest-worthy greenhouse & flourishing garden, as well as a custom-designed chicken coop. The two-stall barn is well-equipped with a feed room, tack room, goat house & a convenient horse wash station. For projects or storage, there's a 20x30 workshop with three roll-up doors. The property also includes dedicated RV parking with full hookups, making it easy to host guests or travel at a moment's notice. The property is fully fenced and cross-fenced with durable oil pipe and no-climb fencing. It's ideally set up for equestrian use, hobby farming, and FFA/4-H activities. The grounds are peaceful and productive, with an impressive array of mature fruit and nut trees-including 9 producing olive trees, apples, peaches, pears, cherries, apricots, persimmons, almonds, walnuts, avocados and a Meyer lemon-along with established grapes, raspberries, blackberries, and more. The landscaping is tranquil and thoughtfully planned, making your own backyard feel like a vacation destination.
This extraordinary property offers endless potential for income, recreation, and self-sufficiency-all in one beautifully maintained package.
Full Property Details
Full Property Details for 8950 Balboa Rd
General
- Sold For: $1,460,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: NS25174306
- Added to Site: 167 day(s) ago
Interior
- Rooms/Areas: Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Walk-In Closet, Walk-In Pantry, Workshop
- Interior Features: Bar, Ceiling Fan(s), Granite Counters, Pantry, Recessed Lighting, Tile Counters
- Fireplace: Yes
- Fireplace(s): Family Room, Gas, Blower Fan, Raised Hearth
- Eating Areas: Breakfast Counter/Bar, Dining Room, In Kitchen
- Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Range Hood, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Softener
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: Above-Ground, Heated
Exterior
- Deck/Patio: Concrete, Deck, Patio, Wood, Wraparound
Parking
- Parking: Driveway, Concrete, RV Access/Parking, RV Hookups
Location
- County: San Luis Obispo
- Subdivision: ATNorthwest(20)
- Driving Directions: Del Rio to Alturas to Balboa.
School Information
- School District: Atascadero Unified
Community
- Community Features: Biking, Foothills, Hiking
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Conventional Septic
- Water: Public
Structural Information
- Architectural Style: Ranch
- Structure Type: Single Family Residence
- Foundation: Raised, Slab
- Roof: Tile
- Common Walls: No Common Walls
- Windows: Blinds
- Doors: Double-Door Entry
- Entry Location: Main
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,435
- Sq. Ft. Source: Plans
- Year Built: 1981
- Year Built Source: Public Records
- Property Condition: Additions/Alterations, Updated/Remodeled
Additional Structures
- Other Structures: Barn(s), Greenhouse, Guest House Detached, Outbuilding, Shed(s), Two on a Lot, Workshop
Lot Features
- Property View: Canyon, Hills, Mountain(s), Pasture
- Lot Size (Acres): 2.43
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: RS
- Lot Description: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Garden, Horse Property (Improved), Landscaped, Lot Over 40000 Sqft, Pasture, Drip Sprinkler System
- Fencing (Description): Cross Fenced
Financial Considerations
- Price Per Sq. Ft.: $425.04
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: See listing supplements
Listed by Denise McGrew, Broker, Denise McGrew
Sold by Peak Properties, Ryan Benson
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Schools
Schools serving 8950 Balboa Rd
School District:Atascadero Unified School District
| Name | Grades | Distance |
|---|---|---|
Monterey Road Elementary School 3355 Monterey Road, Atascadero, CA 93422 | K-5 | 1.7 mi |
Atascadero Middle School 6501 Lewis Avenue, Atascadero, CA 93422 | 6-8 | 3.2 mi |
Atascadero High School 1 High School Hill Road, Atascadero, CA 93422 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8950 Balboa Rd
Date
Details
Price
Change
Source
9/24/2025
Sold
$1,460,000
4.36%
MLS
8/03/2025
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8950 Balboa Road, Atascadero, CA 93422 (MLS# NS25174306) is a Single Family property that was sold at $1,460,000 on September 24, 2025. Want to learn more about 8950 Balboa Road? 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.

