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8882 Palomar, Atascadero, CA 93422

$775K3bd · 2ba · 1,349 sqft
Lot 21,060 sqft•Single Family Residence•
Active
•13d on market•MLS# NS-26210907

Property Description

Opportunity Knocks in Central Atascadero! Set on a rare, flat half-acre lot, this move-in-ready home offers comfort today and exciting potential for tomorrow. Surrounded by properties with 2 to 4 units, this parcel presents an outstanding development opportunity for investors, builders, and buyers looking to add long-term value. Parcels of this size in such a convenient location are increasingly hard to find, making this a truly special offering. The home has been thoughtfully cared for and shows beautifully. It's freshly painted inside and out, spotlessly clean, and topped with a newer roof, so you can move right in with peace of mind. Pride of ownership is evident the moment you step through the front door. Stay comfortable year-round with a newer HVAC system that is oversized for the home, delivering powerful heating and cooling in every season. A thermostatically controlled whole-house fan adds another layer of efficiency, pulling in cool evening air and helping keep energy costs down on warm Central Coast days. Outside, the possibilities are endless. A paved wraparound driveway provides abundant parking for multiple vehicles, RVs, boats, trailers, or work equipment, with easy access around the property. The entire lot is fully fenced, offering privacy, security, and plenty of room for pets, gardens, play areas, or outdoor entertaining. Picture summer barbecues and quiet evenings under open skies. The detached garage is a true standout. Insulated, freshly drywalled, and equipped with both water and 220V power, it's ready to serve as a workshop, art studio, home gym, hobby space, or secure storage. Contractors, mechanics, and makers will appreciate the flexibility this space provides. Location is everything, and this one delivers. You're just minutes from schools, shopping, dining, and public transportation, with quick access to both Highway 101 and Highway 41 for a smooth commute north, south, east, or toward the coast. Enjoy the relaxed pace of Atascadero living while staying connected to everything the Central Coast has to offer. Whether you're searching for a well-kept home with room to grow, a smart investment with upside, or both, this property checks every box. Live in it, rent it, or plan for what comes next. Opportunities like this don't come along often, so schedule your private showing today and see all the potential for yourself!

Features & Amenities

FeeBuilt 1972

Property Details

Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Forced Air
Cooling
Central Air
View
City Lights
Flooring
Laminate
City
Atascadero
Zip Code
93422
County
San Luis Obispo
Listed byUnknown Office, Mark McConnell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,918.82
Principal & Interest
Loan Amount
$620,000
Total Interest
$790,776
Total Payment Over 30 Years
$1,410,776
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

8882 Palomar, Atascadero, CA 93422

Atascadero · Single Family Residence

$775K
Affordable Tier
Beds
3
Baths
2
Sqft
1,349
Lot
21,060 sqft
Year
1972
$/Sqft
$574
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 4.4% above the median closed sale of $742,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $775K· $574/sqft
Total list price
Closed comps
vs closed median $742K
+$33K (+4.4%)
Active comps
vs active median $763K
+$12K (+1.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $521
+$53 (+10.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9056 Curbaril AvenueAtascadero1978321,58229,621$505$799,0009883
5265 AlamoAtascadero2026321,5867,507$552$875,000478
5600 ArroyoAtascadero1986321,6089,583$475$763,0001178
6390 NavajoaAtascadero1915321,39513,300$501$699,00021476
7255 NavajoaAtascadero1966311,0811,081$573$619,0003874
Total: 5 · Average3.01.81,450.412,218.4$521.2$751,00073
Median1,582$763,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7280 ValleAtascadero197708/13/2026321,40821,000$769,900$770,000$5471.008691
8830 Old Santa RosaAtascadero197706/10/2026321,42123,958$769,999$775,000$5451.015088
7950 San ClementeAtascadero198309/17/2026321,24817,000$699,000$680,000$5450.979287
5635 Hermosilla AvenueAtascadero196908/14/2026321,14414,400$739,000$742,000$6491.003586
6570 NavajoaAtascadero197210/06/2026421,39411,160$749,000$735,000$5270.987085
Total: 5 · Average3.22.01,32317,503.6$740,400$740,400$562.6—66.6
Median1,394$742,000$742,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.