This Vineyard Estate Has a Very Bright Future- $2,100,000

This property offers great opportunities for the Buyer with a long term plan. A beautiful 40+/- acre parcel with extensive improvements including an impressive two story farmhouse with wrap-Around Porches. The home is located on a knoll near the center of the property and commands an impressive view overlooking Vineyards and the surrounding countryside. There are three bedrooms upstairs and two bathrooms. The entry level includes a huge Living Room with soaring ceilings and large windows and French doors to showcase the far reaching views. A fireplace and a bar area complete this spacious room. In addition, there is a lovely kitchen and informal dining room plus an office and 1/2 bath.

A built-in barbecue for outdoor entertaining and extensive covered patios surround this beautiful home. There is a large detached garage with a small shop area and covered parking on the rear side for tractors and equipment. A large corral provides a great set-up for Horses and 4-H projects. There is a two room cottage that could be enlarged and expanded for residential use if properly permitted.
 

 
 
 

The most significant improvement, other than the impressive home, is the 35 acre Wine Grape Vineyard. There are 15 acres of Cabernet Sauvignon wine grapes on "disease resistant" rootstock on the Western side of the parcel and 20 acres of Zinfandel vines on the Eastern side. These are two very popular varietals in a prime viticultural area. The vine spacing is 6' on 10' rows with a wire trellis system and drip irrigation. Water is provided from two agriculture wells, one of which produces approximately 250 gallons per minute and supplies plenty of water for all the farming needs.

For the long term investment possibilities there is income and tax shelter through ownership of the Vineyard and the impressive home offers a comfortable place to live. With the pending Beechwood/Olsen Annexation the new City Limits of Paso Robles is just across the street along the quarter mile northern boundary of this property. While the current zoning for this parcel is Agriculture the extension of the City boundaries will likely make this property a candidate for a zone change in the future that would possibly allow for development.

 

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This information is considered to be correct but has not been verified by Bob Graham Realty, Inc.