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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. 7000 Balboa Road offers 3 bedrooms, 2 bathrooms, and an interior laundry room. Additional improvements include a detached artist's studio/office with a full bathroom and an outdoor storage shed. The thoughtful placement of the homes creates privacy and independence for each residence while still enjoying the benefits of a shared property. Located at the opposite end of the property, 7055 Balboa Road is an adorable 1,371 square foot single-story home featuring 2 bedrooms and 2 bathrooms. A detached garage has been converted into additional living space and includes a bedroom and bathroom, providing flexibility for guests, extended family, a home office, or potential rental use. 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 space, usable acreage, and endless possibilities in one of Atascadero's most sought-after locations.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1982
  • 4 days on Market

  • Bedrooms
    5
  • Bathrooms
    4
  • Year Built
    1982
  • Stories
    1.0
  • Living Area
    3027.0
  • Heating
    Forced Air

  • View
    Mountain(s), Meadow
  • Utilities
    Propane

  • County
    San Luis Obispo
  • City
    Atascadero
  • Neighborhood
    ATNorthwest(20)
  • Zip Code
    93422

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Frequently Asked Questions

How do I schedule a tour of 7000 Balboa?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 7000 Balboa.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 7000 Balboa?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 4 bath, listed for $1,299,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Atascadero, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 7000 Balboa?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 7000 Balboa at around $7,392. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 7000 Balboa?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in San Luis Obispo County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 7000 Balboa?

In most cases, yes. Whether 7000 Balboa is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Atascadero's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 7000 Balboa?

We can handle that for you. Our preferred local agent specializes in residentials in Atascadero and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,299,000 with 3,027 sqft of space—that comes out to approximately $429 per square foot.

How long has this property been on the market?

7000 Balboa was listed on November 07, 2026, which means it's been on the market for 4 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1982, making it approximately 44 years old.

Is 7000 Balboa still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.

Last Updated: November 11, 2026 at 04:37PM | Source: San Diego MLS | MLS#: NS26239508