5265 Magdalena Avenue
Virtual Tours & Property Media
Not Available
Not Available (note: A Matterport tour may be on the property website.)
Photos
35 PhotosProperty Description
Capitalize on the opportunity to reimagine 5265 Magdalena, a charming 2-bedroom, 2-bathroom home situated on an expansive 9,850-square-foot lot at the end of a quiet street near the heart of downtown Atascadero. Shops, dining and activities are just moments away. The house offers approximately 1,337 square feet of living space with room to expand.
The large lot is shaded by beautiful mature oak trees creating a welcoming outdoor space with room to garden, entertain, relax, or bring your own ideas to life. Inside this functional, single level floor plan, you'll appreciate the wood-burning stove which adds warmth and character as well as the abundant natural light filtering in through the wood-cased windows. Ready to renovate?
Maximize the existing property while taking advantage of the generous lot size. Check with the city for the potential addition of a garage and/or ADU. Whether you're looking to embark on a starter home or capitalize on the investment opportunity this is the perfect canvas.
Basic / Listing Information
Size & Layout
Interior
Exterior / Lot
Parking
Utilities / Energy / Rural Features
HOA / Community
Schools / Location
Ownership / Other Listing Details
Local & Market Information
Property & Market Context
This 2-bedroom, 2-bath Atascadero single-family home offers 1,337 sq ft of living area on a 9,850 sq ft lot.
For context, its current list price of $450,000 is about 48% below the 2026 year-to-date through October 9, 2026 median closed single-family home price of $865,000 in Atascadero.
Built in 1954, the home is approximately 72 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 1:42 PM 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.