You've heard it said 'Buy the lowest price home in the best area, and you'll never go wrong!'. You've also heard it said that real estate is all about 'Location, Location, Location!'. Both are true, and both apply to this fantastic South Atascadero cutie, on 3+ idyllic acres. This prize property has never before been offered for sale... and the lucky buyer may never want to sell it. But now is YOUR CHANCE to secure your piece of real estate heaven in the coveted Carmel Ranchos area. Ideally situated just 5 minutes to Atascadero or historic Santa Margarita, or 15 minutes to downtown San Luis Obispo, this adorable country charmer checks all the right boxes. 3+ acres of usable land. Check! Scattered mature oaks and pines providing abundant shade. Check! A cozy and livable 1,190 SqFt residence with 3 bedrooms and 2 baths. Check! A functional 700 SqFt detached shop for storage and hobbies. Check! Natural gas and community water. Check! The stick-built home is humble with 8' ceilings, fireplace in the living room, a wall heater and no A/C.... but it does have surprising nice storage (yes, even a walk-in pantry!). This country cottage could be ideal to convert to a guest home or possibly a 2nd residence, becoming secondary to your dream home under the oaks. Or you can add on and expand it to fit your needs. But you can thank its modest size for the modest offering price, as the average sales price in this neighborhood is hundreds of thousands more!