Thank you
Abel Contreras
Invest SLO
805-295-2719
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.
Sell a home like this and save $149,441 Find Out How
Total Bedrooms : 7
Total Baths: 4
Full Baths: 3
Half Baths: 1
Water Source : Well
Sewer : Septic Tank
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
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: Insert,Wood Burning Stove
Has Fireplace: 1
Year Built: 1986
Slab
None
Inside,Laundry Room
Rear Porch,Concrete,Covered,Deck,Front Porch,Open,Patio,Porch,Terrace
Chain Link,Excellent Condition,Wire
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 50
Lot Size Source: Assessor
Lot Size Square Feet: 2178000
Original List Price: 2,499,000
Listing Contract Date: 2023-10-10
Listing Agreement: Exclusive Right To Sell
Parcel Number: 042211009
Garage Description: Asphalt,Covered,Driveway,Garage,Guest,Gated,On Site,Paved,RV Hook-Ups,RV Potential,RV Access/Parking,Garage Faces Side
Lease Term: Negotiable
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
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
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 |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
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.