1340 Penman Springs Road, Paso Robles, CA 93446 - Berkshire Hathaway HomeServices California Properties
1340 Penman Springs Road Paso Robles, CA 93446
$9,999,000 0 beds, 0 baths
0 sqft

Agent Remarks

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, 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. 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!

Listing Details

Property type: Special Purpose (Commercial)
Status: Active
MLS# OC25021110
List price is $9,999,000 Reduced by $3,251,000 on 3/26/2025
Beds: 0
Baths: 0
Built in 1947
149.14 acres
Lot size: 149.1400
County: San Luis Obispo
Appliances: Dryer,Washer
Lot description: Horse Property,Ranch
Heating description: Propane
MLS area: PSOR - Paso Robles

Last Updated: 6/20/2025

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This listing belongs to the PSOR - Paso Robles MLS area

Lat/Long: 35.620381, -120.614596.
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Listing Agent: Stacie Hatfield
Lic#: 01234982
Office Name: Mission Viejo

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