Discover this exceptional opportunity on a generous 3/4-acre flag lot in the heart of Atascadero. This 3 bedroom, 2 bathroom home offers tremendous potential with its valuable multi-family zoning, perfect for investors or those seeking future income potential. The elevated position provides views from both the master bedroom deck and welcoming front porch. Ample parking with a carport and driveway going all around the rear of home. Listed with the county as a 3 bed, it is currently configured as a 2 bedroom plus spacious open-concept office (easily converted back to a third bedroom by adding back a wall), this property balances modern functionality with investment potential. A major plus is the covered RV parking that can accommodate roughly 30 foot trailer or motorhome with FULL sewer, electrical and water hookups. Already generating income, the property features a recently converted garage transformed into a stylish studio apartment with custom finishes and new appliances. (Garage conversion not included in square footage). This turnkey rental unit currently commands appx $1,450 monthly, providing immediate cash flow while you explore additional development opportunities. Magnificent mature oak trees grace the property, creating a serene atmosphere and providing natural shade during summer months. The secluded flag lot design offers privacy while remaining just minutes from Atascadero's conveniences, shopping, dining, and highway access. Whether you're looking for a comfortable residence with future development possibilities or an immediate investment opportunity, this multi-family zoned property delivers both lifestyle and financial advantages in one of Atascadero's most convenient locations.