An extraordinary opportunity to own a fully established winery business and vineyard estate in one of Paso Robles’ most coveted locations—just minutes from downtown yet immersed in sweeping vineyard views and serene countryside living. Set on 42± acres, this remarkable property includes the Penman Springs Vineyard brand, all inventory, and operational assets, offering a seamless transition for the next owner. Approximately 29± acres are planted to premium varietals, including but not limited to Cabernet Sauvignon, Petit Verdot, and Merlot, creating both immediate production potential and long-term value. At the heart of the estate is a 3,600± square-foot residence featuring 3 bedrooms, 2.5 bathrooms, an office, cellar room, and bonus room, thoughtfully designed to embrace both comfort and architectural distinction. The primary suite occupies the upper level, showcasing an open-concept layout with a private lounging area, walk-in closet, and ensuite bath. Vaulted ceilings, a fireplace in the living room, and walls of windows frame panoramic vineyard views from nearly every room. All guest bedrooms are located on the lower level, offering privacy and functionality.
A wrap-around deck invites you to relax and take in the sun-soaked vistas, while a three-car garage provides ample storage and convenience.
The property includes a tasting room, public restroom, temperature-controlled cased goods storage, and inviting paver patios designed for guest enjoyment and events. Supporting infrastructure includes four wells, two septic systems, and a detached 1,200± sf workshop/barn, offering versatility for agricultural or creative use. This rare offering is ideal for the vineyard enthusiast seeking to live and operate their own winery, or as an exceptional estate residence with the potential to lease out the vineyard and tasting room for additional income. This is a truly special Paso Robles estate where lifestyle, legacy, and opportunity converge.
For sale
Listing Provided by: Oaks to Ocean Real Estate
$2,900,000
1985 Penman Springs Rd, Paso Robles, CA 93446
3beds
3,634sqft
Est.:
Single Family Residence
Built in 2002
42.12 Acres Lot
$-- Zestimate®
$798/sqft
$-- HOA
What's special
Ensuite bathSweeping vineyard viewsCellar roomBonus roomWalk-in closetPrivate lounging areaVaulted ceilings
- 19 hours |
- 177 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Jessica Baker DRE #01955079 805-610-3586,
Oaks to Ocean Real Estate,
Summer Ramos DRE #01992070 949-842-0467,
Oaks to Ocean Real Estate
Source: CRMLS,MLS#: NS26011389
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Family Room, Primary Bedroom, Office, Other
Primary bedroom
- Features: Main Level Primary
Bathroom
- Features: Soaking Tub, Separate Shower
Kitchen
- Features: Kitchen Island
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Water Heater
- Laundry: Laundry Closet
Features
- Built-in Features, Balcony, Eat-in Kitchen, Open Floorplan, Pantry, Main Level Primary, Walk-In Closet(s)
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,634 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage, Gravel
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: main
- Patio & porch: Deck, Porch, Wrap Around
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Hills, Panoramic, Vineyard
Lot
- Size: 42.12 Acres
- Features: Agricultural, Back Yard, Corner Lot
Details
- Additional structures: Outbuilding, Workshop
- Parcel number: 020161008
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Well
- Utilities for property: Electricity Connected, Propane, Water Connected
Community & HOA
Community
- Features: Rural
Location
- Region: Paso Robles
Financial & listing details
- Price per square foot: $798/sqft
- Tax assessed value: $1,042,804
- Annual tax amount: $11,148
- Date on market: 3/13/2026
- Listing terms: Cash,Cash to New Loan
- Inclusions: all brand assets, inventory, real estate
Estimated market value
Not available
Estimated sales range
Not available
$4,407/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $2,900,000+364%$798/sqft |
Source: | ||
| 8/13/1996 | Sold | $625,000+31.6%$172/sqft |
Source: Public Record Report a problem | ||
| 9/16/1994 | Sold | $475,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,148 +0.3% | $1,042,804 +0.6% |
| 2024 | $11,113 +0.3% | $1,036,740 +0.5% |
| 2023 | $11,076 +0.7% | $1,031,642 +1% |
| 2022 | $10,994 +2.1% | $1,021,518 +2% |
| 2021 | $10,772 +1.1% | $1,001,059 +1.1% |
| 2020 | $10,660 +0.8% | $990,640 -59.7% |
| 2019 | $10,579 +3.3% | $2,458,150 +158.3% |
| 2018 | $10,238 +5.4% | $951,751 +0.7% |
| 2017 | $9,715 +2.4% | $945,494 +2.4% |
| 2016 | $9,484 | $923,207 +3.6% |
| 2015 | $9,484 | $890,952 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$17,225/mo
Principal & interest
$14591
Property taxes
$2634
More affordability tools
Climate risks
Neighborhood: 93446
Nearby schools
GreatSchools rating
- 5/10Kermit King Elementary SchoolGrades: K-5Distance: 3.8 mi
- NADaniel Lewis Middle SchoolGrades: 6-8Distance: 3.1 mi
- 7/10Paso Robles High SchoolGrades: 9-12Distance: 3.2 mi



