Rare development opportunity on a street-to-street, nearly 1/3-acre parcel tucked away on a quiet cul-de-sac just steps from downtown Atascadero, offering strong current usability with long-term flexibility. The property provides SB9 eligibility once connected to sewer, creating the potential to split into two parcels, each potentially allowing a single-family home and an ADU (buyer to verify possible uses with the appropriate local entities). Rear gated access allows for RV or boat parking, while two separate front driveways offer abundant parking and support future ADU, guest house, or expansion possibilities. At the heart of the property is a charming, well-maintained 2-bedroom, 1-bathroom, 1,042+- sq ft home that blends classic character with thoughtful modern updates. The inviting open floorplan features an updated kitchen that flows into the living and dining areas, creating a bright, comfortable space for everyday living. A cheerful sunroom adds versatility--perfect for relaxing, working from home, or enjoying morning coffee while overlooking mature oak trees. A detached garage provides additional storage and major systems including the roof, windows, septic, HVAC, solar, and plumbing have all been updated within the last five years, offering peace of mind today while preserving future potential. Enjoy nearby downtown living in a peaceful neighborhood setting, less than 45 minutes to Central Coast beaches, three local lakes, and the renowned Paso Robles Wine Country.