8882 Palomar
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46 PhotosProperty 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!
Basic / Listing Information
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Parking
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Ownership / Other Listing Details
Local & Market Information
Property & Market Context
This 3-bedroom, 2-bath Atascadero single-family home offers 1,349 sq ft of living area on a 21,060 sq ft lot.
For context, its current list price of $775,000 is about 10% below the 2026 year-to-date through October 9, 2026 median closed single-family home price of $865,000 in Atascadero.
Built in 1972, the home is approximately 54 years old, compared with a median home age of 39 years for closed single-family homes in Atascadero during the same period.
Local Market Tidbit
Through October 9, 2026, 73% of closed single-family homes in Atascadero were single-story, ranking Atascadero 3rd among 14 SLO County communities.
The information in this section is independently compiled or calculated by SLO County Homes and is not provided by the listing broker or CRMLS. Market comparisons use saved SLO County Homes statistics for the period shown and are for general informational purposes only.
IDX Information
Based on information from CRMLS as of October 5, 2026 at 11:27 AM PDT.
The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information is deemed reliable but is not guaranteed and should be independently reviewed and verified for accuracy. Property information is supplied by the listing broker and/or other sources and may be subject to errors, omissions, or changes without notice.
Properties displayed on this website may be listed by a real estate brokerage other than SLO County Homes.
