CA > Paso Robles
Paso Robles, CA 93446,1340 Penman Springs RD
Paso Robles, CA 93446,1340 Penman Springs RD
Paso Robles, CA 93446,1340 Penman Springs RD
Paso Robles, CA 93446,1340 Penman Springs RD
Paso Robles, CA 93446,1340 Penman Springs RD
Paso Robles, CA 93446,1340 Penman Springs RD
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Justin Bonney

Justin Bonney

Real Estate Professional

+1(818) 392-4884
$ 13,250,000
Est. payment | /mo

149.14 Acres Lot

Save
$ 13,250,000
Est. payment | /mo
Save

149.14 Acres Lot

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25021110

HOA Y/N No

Year Built 1947

Lot Size 149.140 Acres

Property Sub-Type Special Purpose

Property 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 you're 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 Robles—perfect for personal use or short-term rental. A brand-new 4-bedroom, 4-bathroom estate (built in 2023) that's 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 property—it's a dream investment in one of California's most desirable wine regions. This is your chance to own a turnkey, income-producing estate with huge upside potential in Paso Robles. Don't miss out on this once-in-a-lifetime opportunity!

Location

State CA

County San Luis Obispo

Area Psor - Paso Robles

Interior

Heating Propane

Fireplace No

Appliance Dryer, Washer

Exterior

Present Use See Remarks

Building

Lot Description Horse Property, Ranch

Story 1

Water Agricultural Well, Well

Others

Tax ID 015053038

Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange

Horse Property Yes

Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Stacie Hatfield • Coldwell Banker Res. Brokerage • 949-702-0267

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agent
Justin Bonney

Broker, Realtor® | Lic# 01338897

+1(818) 392-4884

15233 Ventura Boulevard Suite 500 Sherman Oaks, CA 91403

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1340 Penman Springs RD