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For sale
  • Listing Provided by: Oaks to Ocean Real Estate
    $2,900,000

    1985 Penman Springs Rd, Paso Robles, CA 93446

    3beds
    3,634sqft
    : 
    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
    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.
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    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#: NS26011389MLS LogoOriginating 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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $4,407/mo

    Price history

    Price history
    DateEventPrice
    3/13/2026Listed for sale$2,900,000+364%$798/sqft
    Source: CRMLS #NS26011389 Report a problem
    8/13/1996Sold$625,000+31.6%$172/sqft
    Source: Public Record Report a problem
    9/16/1994Sold$475,000$131/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
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      Climate risks

      Neighborhood: 93446

      Getting around

      14 / 100
      Car-Dependent
      3 / 100
      Somewhat Bikeable

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