• 4540 E Highway 41 Paso Robles, CA 93446

  • $2,499,000
  • 7
    Bed(s)
  • 3
    Baths
  • 4,380
    Sq Ft
  • 2178000
    Sqft
  • Listed By: Abel Contreras, Invest SLO, DRE #02062620
  • Source: CRMLS

Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of wine country. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled within this renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers modern comforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, Madison Cellars Vineyards is not only expansive but also meticulously cultivated. The vineyard covers 28 acres, all benefiting from precise 6x10 spacing, efficient drip irrigation, and either double or unilateral cordon training at 36 inches. The property is safeguarded by a deer fence, ensuring the protection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistently scoring between 89 and 93 points. The diverse plantings include 7 acres of Merlot, 6 acres of Cab, 1 acre each of Cab Franc and Petite Verdot, 9 acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. These vines are professionally managed with ZERO OWNER responsibilities and generate a passive income of $40,000 annually through vine production at $1,350 per acre. Additionally, the estate features a small winery building that could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility for future development or personalization. Madison Cellars Vineyards offers lucrative income opportunities, generating substantial income through a short-term vacation rental. The main residence serves as a short-term rental, boasting estimated earnings from $10,000 to $20,000 per month. Additionally, the 2-bedroom, 1-bath mobile home offers an additional revenue stream with rent at $900 per month. The estate is well-equipped with a robust irrigation system delivering over 500 gallons per minute consistently for two decades. To meet all operational needs, the property is serviced with both 3-phase and 2-phase power sources. This exceptional vineyard estate is not just a home but a luxurious lifestyle investment in one of California's most sought-after wine regions. Madison Cellars Vineyards invites discerning buyers to embrace the epitome of viticulture and the opportunity to own a piece of Paso Robles' wine legacy.

Property Type :

Residential

County :

San Luis Obispo

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 7

Bathroom Information

Total Baths: 4

Full Baths: 3

Half Baths: 1

Water/Sewer

Water Source : Well

Sewer : Septic Tank

Interior Features

Interior Features: All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Multiple Primary Suites,Wine Cellar,Walk-In Closet(s)

Windows: Double Pane Windows,ENERGY STAR Qualified Windows

Fireplace: Insert,Wood Burning Stove

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: Insert,Wood Burning Stove

Has Fireplace: 1

Building Information

Year Built: 1986

Foundation

Slab

Pool Features

None

Laundry Features

Inside,Laundry Room

Patio And Porch

Rear Porch,Concrete,Covered,Deck,Front Porch,Open,Patio,Porch,Terrace

Fencing

Chain Link,Excellent Condition,Wire

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 50

Lot Size Source: Assessor

Lot Size Square Feet: 2178000

Listing Price Information

Original List Price: 2,499,000

Listing Contract Date: 2023-10-10

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 042211009

Garage and Parking

Garage Description: Asphalt,Covered,Driveway,Garage,Guest,Gated,On Site,Paved,RV Hook-Ups,RV Potential,RV Access/Parking,Garage Faces Side

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: PRNE - PR North 46-East 101

Postal Code Plus 4: 8479

Directions: Head east on CA-41 N toward Straw Ridge Rd, the destination will be on your left.

Zoning: AG

Source Property Type: Residential

Area: PRNE - PR North 46-East 101

Property SubType: Single Family Residence

Building and Construction

Property Age: 38

Common Walls: No Common Walls

Property Condition: Updated/Remodeled,Turnkey

Structure Type: Single Family Residence

Year Built Source: Public Records

Total Square Feet Living: 4380

Entry Level: 1

Entry Location: Front Door

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7201 Airport Road, Paso Robles, CA,93446 $1,725,000 -- -- -- 2940300 Sqft
420 Creston Road, Paso Robles, CA,93446 $1,699,000 -- -- -- 187308 Sqft
845 Creston Road, Paso Robles, CA,93446 $449,000 -- -- -- 39204 Sqft
14 Rita Street, Paso Robles, CA,93446 $479,900 -- -- -- 43560 Sqft
13625 Ea Hwy 46, Paso Robles, CA,93446 $5,300,000 -- -- -- 11020680 Sqft
4440 Whispering Oak Way, Paso Robles, CA,93446 $515,000 3 2 1,864 87120 Sqft
Prancing Deer Place, Paso Robles, CA,93446 $93,700 -- -- -- 87120 Sqft
Geneseo Road, Paso Robles, CA,93446 $949,000 -- -- -- 4704480 Sqft
3530 Nicole Circle, Paso Robles, CA,93446 $449,900 -- -- -- 44431.2 Sqft
8455 Creston Road, Paso Robles, CA,93446 $4,700,000 9 7 6,013 4181760 Sqft

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ByOwner last updated this listing 05/11/2024 @ 06:52

MLS: PI23231104
LISTED BY: Abel Contreras, Invest SLO
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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