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8687 O Donovan

Creston, CA 93432

$1,500,000 $6,324/Mo

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Overview

Bed

Bath

2,947

Sqft

2,161,883

Sqft(Lot)

Description

A truly unique opportunity awaits in the peaceful countryside of Creston, California, just minutes from the renowned Paso Robles wine region. This expansive 49.63-acre property offers a rare combination of aviation amenities, a potential hilltop building site, rental income, and open space, with tremendous potential for the right buyer. At the heart of the property is a private airstrip, accompanied by four hangars, creating an exceptional opportunity for aviation enthusiasts, aircraft storage, or those seeking a private aviation lifestyle. The property's aviation infrastructure adds a level of versatility and distinction rarely found in the area. The property also offers three separate residences, including a 4 bedroom/1.5 bath home originally built in 1905 and two additional mobile homes each having 2 bedrooms/1 bath. All three residences are currently rented, providing an established income stream. This property presents an exciting opportunity for someone with the vision to restore, improve, and make the most of its unique features and substantial acreage. Creston is a historic community with a rich agricultural and Western heritage, known for local favorites including the Loading Chute restaurant, Long Branch Saloon, and the Creston Rodeo. The property's location offers the opportunity to become part of this distinctive rural community while remaining close to the attractions and amenities of Paso Robles wine country. This is not a turnkey property—it is an opportunity. For the buyer willing to put in the work, the possibilities are exceptional. Whether you're an aviation enthusiast, investor, or someone looking for a property with character, income, acreage, and room to create your own vision, this unique Creston property is ready for its next chapter.

Property Details

Property Type : Residential

Price : $1,500,000

AD Id : 91263378

MLS Id : NS26201761

Beds : 8

Lot Size : 2,161,883 Sq. Ft

Living Area Size : 2,947 Sq. Ft

Year Built : 1905

County : San Luis Obispo

Subdivision: Palm Springs Villas

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 3 Full Baths: 3
Heating & Cooling

Has Cooling: Yes Cooling: SeeRemarks

Building Information

Year Built: 1905

Stories: 1

Pool Features: None

Private Pool: No

View: Hills, TreesWoods

Lot Information

Main Square Feet: 2161883 Lot Size Acres: 49.63 Lot Size Source: Assessor Lot Size Square Feet: 2,161,883 Lot Description: Over40UnitsAcre

Property Information

Subdivision: Creston(60) Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 121

Listing Price Information

Listing Price: $1500000

Original Price: $1300000

CashToNewLoan

Tax Information

Parcel Number: 043323023

Location Information

Direction: Hwy 229 to O'Donovan, Property is at O'Donovan Rd and Hwy 58 WaterSource: Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
535 Calf Canyon Highway, Creston, CA, 93432	$6,499,000	14	14	6,942	25,162,434 Sq. Ft
705 Calf Canyon, Creston, CA, 93432	$1,950,000	2	1	1,824	8,555,184 Sq. Ft
6275 Twin Canyon, Creston, CA, 93432	$2,975,000	7	6	6,216	871,200 Sq. Ft
5885 Lion Ridge, Creston, CA, 93432	$749,000	2	2	1,167	3,874,662 Sq. Ft

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2,161,883

Sqft(Lot)

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ByOwner last updated this listing 09/21/2026 @ 02:28

MLS: NS26201761 LISTED BY: Susan Kretzu, RE/MAX Success 805-434-2737 SOURCE: CRMLS