Active

1340 Penman Springs Road

Paso Robles CA, 93446

$13,250,000


$1,276.49 per sqft

Active

10,380 sqft

Commercial

Built in 1947

Listed by Stacie Hatfield with Coldwell Banker Res. Brokerage 949-702-0267

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!

OC25021110

MLS ID

February 10, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

1


Appliances

Dryer, Washer


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Propane

Exterior/Building Features

Lot Size

149.14 Acres


Lot Features

Horse Property, Ranch

Other Property Details

Area Name

PSOR - Paso Robles


Garage

No


View

No


County

San Luis Obispo


Water Source

Agricultural Well, Well


Pool

No

Listing Contact: 760-804-8200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/12/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/12/2025 at 7:17 PM UTC

 

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