Turnkey investment opportunity in the peaceful 55+ Casa Rio community. Situated on a level lot within this desirable 60-unit enclave, 551 N Ferrocarril delivers effortless single-level living with an established tenant in place for immediate cash flow. This well-maintained 1-bedroom, 1-bath home features a bright, low-maintenance layout opening to a private paver patio overlooking professionally landscaped grounds. Complete with central HVAC, dual-pane windows, indoor laundry with included stackable washer/dryer, refrigerator, and optional RV/boat parking. Conveniently located near the Juan Bautista de Anza trail, Trader Joe’s, Starbucks, and shopping. Investors do not need to be 55+ to own (tenant/occupant only). Tenant occupied; please do not disturb occupant.
Property Details
Price:
$300,000
MLS #:
NS26227310
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
ATNortheast10
Neighborhood:
atscatascadero
Listed Date:
Oct 20, 2026
Finished Sq Ft:
480
Lot Size:
480 sqft / 0.01 acres (approx)
Year Built:
2005
See this Listing
Schools
School District:
Atascadero Unified
Interior
Appliances
Water Heater, Disposal, Microwave, Refrigerator, Gas Range, Dishwasher
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Vinyl, Carpet
Heating
Central
Interior Features
Open Floorplan, Formica Counters
Laundry Features
Inside, Stackable
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
Spanish
Association Amenities
Trail(s), Maintenance Grounds
Common Walls
No Common Walls
Community
55+
Community Features
Sidewalks
Construction Materials
Stucco
Covered Spaces
1
Direction Faces
West
Fencing
None
Lot Features
Level with Street
Parking Features
Detached Carport
Parking Spots
1
Parking Total
1
Patio And Porch Features
Porch
Roof
Spanish Tile
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community YN
1
Spa Features
None
Stories
1
View
Neighborhood
Window Features
Double Pane Windows
Financial
HOA Fee
$200
HOA Fee Frequency
Monthly
HOA Name
Casa Rio
HOA Phone
805.466.6275
Map
Community
- Address551 N Ferrocarril Atascadero CA
- SubdivisionATNortheast(10)
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
Subdivisions in Atascadero
Market Summary
Current real estate data for Condo in Atascadero as of Nov 02, 2026
10
Condo Listed
106
Avg DOM
446
Avg $ / SqFt
$474,580
Avg List Price
Property Summary
- Located in the ATNortheast(10) subdivision, 551 N Ferrocarril Atascadero CA is a Condo for sale in Atascadero, CA, 93422. It is listed for $300,000 and features 1 beds, 1 baths, and has approximately 480 square feet of living space, and was originally constructed in 2005. The current price per square foot is $625. The average price per square foot for Condo listings in Atascadero is $446. The average listing price for Condo in Atascadero is $474,580.
Similar Listings Nearby
Courtesy of A List Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.551 N Ferrocarril
Atascadero, CA