$1,399,000 - 8950 Balboa Road, Atascadero

Atascadero Home Sale

Income-Producing Multi-Use Ranch Retreat with Guest House, Equestrian Amenities & More! Welcome to your dream homestead—a truly one-of-a-kind, income-producing property that offers the perfect blend of country charm, modern luxury, and multi-functional use. The beautifully recently updated main home boasts 2,571 SF of thoughtfully designed living space, featuring 4 beds, 3 baths, and 2 offices. The open-concept kitchen, dining, and family area is an entertainer’s dream, anchored by a gourmet kitchen with granite countertops, a spacious island, high-end Dacor 6-burner range, a custom hammered stainless steel exhaust hood and a walk-in pantry. The luxurious primary suite includes a large walk-in closet and a spa-like bathroom with a barrel-ceiling walk-in shower, dual shower heads, and built-in benches. The Guest House is perfect for rental income or extended family (currently is a licensed STR). The charming 864 SF, 2-bed, 1-bath guest house features a full kitchen and a spacious wrap-around deck—ideal for relaxing and enjoying the views of the surrounding property. Outside, the property transforms into a private retreat designed for both enjoyment & functionality. A stunning 19’ dual-zone swim spa with lights & fountains is the centerpiece of the backyard, surrounded by an expansive view deck that overlooks the hills. Nearby, you'll find a Pinterest-worthy greenhouse & flourishing garden, as well as a custom-designed chicken coop. The two-stall barn is well-equipped with a feed room, tack room, goat house & a convenient horse wash station. For projects or storage, there's a 20x30 workshop with three roll-up doors. The property also includes dedicated RV parking with full hookups, making it easy to host guests or travel at a moment’s notice. The property is fully fenced and cross-fenced with durable oil pipe and no-climb fencing. It’s ideally set up for equestrian use, hobby farming, and FFA/4-H activities. The grounds are peaceful and productive, with an impressive array of mature fruit and nut trees—including 9 producing olive trees, apples, peaches, pears, cherries, apricots, persimmons, almonds, walnuts, avocados and a Meyer lemon—along with established grapes, raspberries, blackberries, and more. The landscaping is tranquil and thoughtfully planned, making your own backyard feel like a vacation destination. This extraordinary property offers endless potential for income, recreation, and self-sufficiency—all in one beautifully maintained package.