Paso Robles, CA 93446,4540 E Highway 41
Paso Robles, CA 93446,4540 E Highway 41
Paso Robles, CA 93446,4540 E Highway 41
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$1,990,000
Est. payment /mo
7 Beds
4 Baths
4,380 SqFt

UPDATED:

10/11/2024 11:37 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,380 sqft

Price per Sqft $454

MLS Listing ID PI23231104

Style Detached

Bedrooms 7

Full Baths 3

Half Baths 1

Construction Status Turnkey,Updated/Remodeled

HOA Y/N No

Year Built 1986

Lot Size 50.000 Acres

Acres 50.0

Property Description

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 personalizatio
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.

Location

State CA

County San Luis Obispo

Area Paso Robles (93446)

Zoning AG

Interior

Cooling Central Forced Air

Fireplaces Type Wood Stove Insert

Laundry Laundry Room, Inside

Exterior

Garage Gated, Garage

Garage Spaces 4.0

Fence Excellent Condition, Wire, Chain Link

Community Features Horse Trails

Complex Features Horse Trails

View Mountains/Hills, Vineyard

Total Parking Spaces 24

Building

Lot Description Landscaped

Story 1

Sewer Conventional Septic

Water Well

Architectural Style Ranch

Level or Stories 1 Story

Construction Status Turnkey,Updated/Remodeled

Others

Miscellaneous Horse Allowed,Horse Facilities,Value in Land,Suburban,Horse Property Unimproved

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


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San Diego Regional MLS (SDMLS)
Listed by Abel Contreras • Invest SLO

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Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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4540 E Highway 41