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4540 E Highway 41

Paso Robles, CA 93446
  • $1,990,000
  • STATUS: Active
  • ON SITE: 248 Days
  • ID#: PI23231104
UPDATED: 151 min ago
$1,990,000
  • 7
    BEDS
  • 50
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 4,380
    SQFT
  • $454
    $/SQFT
Type:
Single-Family Home
Built:
1986
County:

School Ratings & Info

School District:
Listing Agent(s): Abel Contreras of Invest SLO (805-295-2719)


Description

Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of winecountry. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled withinthis renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers moderncomforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, MadisonCellars 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 theprotection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistentlyscoring 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, 9acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. These vines are professionally managed with ZERO OWNER responsibilities andgenerate a passive income of $40,000 annually through vine production at $1,350 per acre. Additionally, the estate features a small winery buildingthat could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility forfuture 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-03T00:28:42.86. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/148082571
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4540 E Highway 41 Paso Robles, CA 93446

  • Price: $1,990,000
  • Status: Active
  • On Site: 248 Days
  • Updated: 151 min ago
  • ID#: PI23231104
7
Beds
3
Baths
1
½ Baths
50
Acres
4,380
SQFT
$454
$/SQFT
1986
Built
Neighborhood:
Prne - Pr North 46-East 101
County:
San Luis Obispo
Area:
Prne - Pr North 46-East 101
School District:
Paso Robles Joint Unified
Property Description
Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of winecountry. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled withinthis renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers moderncomforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, MadisonCellars 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 theprotection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistentlyscoring 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, 9acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. These vines are professionally managed with ZERO OWNER responsibilities andgenerate a passive income of $40,000 annually through vine production at $1,350 per acre. Additionally, the estate features a small winery buildingthat could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility forfuture 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.
Exterior Features

Architectural Style Ranch Attached Garage YN No Entry Level 1 Entry Location Front Door Fencing Chain LinkExcellent ConditionWire Foundation Details Slab Horse Amenities Riding Trail Horse YN Yes Lot Features AgriculturalHorse PropertyLawnLot Over 40000 SqftLandscapedRectangular LotRolling SlopeRanchSprinkler SystemValue In LandYard Open Parking Spaces 20 Other Structures Barn(s)OutbuildingStorageWorkshop Parking Features AsphaltCoveredDrivewayGarageGuestGatedOn SitePavedRV Hook-UpsRV PotentialRV Access/ParkingGarage Faces Side Parking Total 24 Patio And Porch Features Rear PorchConcreteCoveredDeckFront PorchOpenPatioPorchTerrace Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type County Road Road Surface Type Paved Spa Features Above Ground Spa YN Yes View HillsVineyard View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Door Features ENERGY STAR Qualified DoorsSliding Doors Fireplace Features InsertWood Burning Stove Fireplace YN Yes Heating Central Heating YN Yes Interior Features All Bedrooms DownBedroom on Main LevelMain Level PrimaryMultiple Primary SuitesWine CellarWalk-In Closet(s) Main Level Bathrooms 4 Main Level Bedrooms 5 Window Features Double Pane WindowsENERGY STAR Qualified Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Horse TrailsSuburban Garage YN Yes Inclusions wine equipment - can be sold fully furnished. Land Lease YN No Laundry Features InsideLaundry Room Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional New Construction YN No Property Condition Updated/RemodeledTurnkey Property Sub Type Single Family Residence Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Structure Type House Water Source Well Zoning AG



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-03T00:28:42.86. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Abel Contreras of Invest SLO (805-295-2719)