1340 Penman Springs Road, Paso Robles, CA 93446
  • MLS#: OC25021110 ( Specialty )
  • Street Address: 1340 Penman Springs Road
  • Viewed: 22
  • Price: $9,999,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Days On Market: 88
  • Additional Information
  • County: SAN LUIS OBISPO
  • City: Paso Robles
  • Zipcode: 93446
  • Provided by: Coldwell Banker Res. Brokerage
  • Contact: Stacie Stacie
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Fallen Oaks Ranch A Rare Paso Robles Gem with Endless Potential! Just 10 minutes from downtown Paso Robles, Fallen Oaks Ranch is a breathtaking Legacy estate that offers the best of wine country living, agribusiness opportunities, and income producing potential. Whether youre looking for a premier cattle ranch, a thriving Airbnb investment, or a future vineyard, this property has it all! Exceptional Features: Ranch, Winery & Event Venue. A fully operational cattle ranch with rental income, plus a winery featuring a minor use permit for events, making it an incredible investment opportunity. Prime Water Resources: Five active wells (3 on 1125 Penman Springs, 1 on 1340 Penman Springs & 1 on 3980 Linne), including an agricultural well producing over 350 gallons per minute, ensuring ample water for livestock, crops, or vineyards. Luxury Homes & Guest Accommodations: 4 gorgeous homes. A 4,000 sq. ft. main home (partially remodeled) with stunning hilltop views. A 2,000 sq. ft. guest house offering some of the best views in Paso Roblesperfect for personal use or short term rental. A brand new 4 bedroom, 4 bathroom estate (built in 2023) thats already booked 65% of weekends, generating significant rental income. Agricultural & Viticulture Opportunities: With irrigated pastures and approved vineyard conversion, you can plant 42 acres of vines, adding even more value to this incredible property. Modern Infrastructure: All homes feature new septic systems, and a powerful generator that keeps irrigation running smoothly. There are 3 APN's for this property: 015 053 038, 020 271 008 & 020 161 004. A Legacy Property with Limitless Possibilities. With commanding sunrise and sunset views, multiple revenue streams, and future residential development potential, Fallen Oaks Ranch is more than just a propertyits a dream investment in one of Californias most desirable wine regions. This is your chance to own a turnkey, income producing estate with huge upside potential in Paso Robles. Dont miss out on this once in a lifetime opportunity!
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Features
Additional Parcels Description
  1. 020-271-008;020-161-004
Assetclass
  1. Farm/Ranch
  2. Multi-Family
  3. Specialty
Building Area Total
  1. 10380.00
Commoninterest
  1. None
Country
  1. US
Current Use
  1. See Remarks
Current Use Comments
  1. Ranch
  2. Winery
  3. Air BNB
Heating
  1. Propane
Land Use
  1. Other
Laundry Features
  1. Dryer Included
  2. Washer Included
Parcel Number
  1. 015053038
Postalcodeplus4
  1. 9360
Property Type
  1. Specialty
Views
  1. 22
Water Source
  1. Agricultural Well
  2. Well
Year Built
  1. 1947