4540 E Highway 41 Paso Robles, CA 93446

7 Beds
3 full, 1 half Baths
4,380 Sqft
2,178,000 Sqft lot
50 Acre lot
$1,990,000 Est.$7,328 / mo.*
Status: Active
Property Type: Single Family Residence
Year Built: 1986
Days on Website: 240

Listing courtesy of Abel Contreras (CalBRE#02062620), Invest SLO {attribution_contact}

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 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.

Property Details and Features

Property Access

  • County Road

Bathrooms

  • 4 total bathrooms
  • 3 full bathrooms
  • 1 half bathroom
  • 4 bathrooms on main level

Bedrooms

  • 7 bedrooms
  • 5 bedrooms on main level

Building

  • 4380.00 living sqft
  • Common walls: No Common Walls
  • Patio
  • Patio and porch features: Concrete,Covered,Deck,Patio Open,Porch,Front Porch,Rear Porch,Slab,Terrace
  • Architectural style: Ranch
  • Levels: One
  • 1 story
  • Entry level: 1
  • Built in 1986
  • Entry location: Front Door

Community

  • Horse Trails
  • Suburban

Cooling

  • Central Air

Doors

  • ENERGY STAR Qualified Doors
  • Sliding Doors

Fence

  • Chain Link
  • Excellent Condition
  • Wire

Fireplaces

  • Wood Stove Insert

Foundation

  • Slab

Garage

  • 4 garage spaces

Water Features

  • Water source: Well

Heating

  • Central

Laundry

  • Individual Room
  • Inside

Listing

  • Listing ID: PI23231104
  • 454.34 per sqft
  • 239 days on market

Location

  • MLS area: PRNE - PR North 46-East 101
  • County: San Luis Obispo

Lot

  • Agricultural
  • Agricultural - Vine/Vineyard
  • Horse Property
  • Horse Property Unimproved
  • Landscaped
  • Lawn
  • Lot Over 40000 Sqft
  • Rectangular Lot
  • Ranch
  • Rolling Slope
  • Sprinkler System
  • Value In Land
  • Yard
  • 50 acres
  • 2,178,000 sqft

Parking

  • 24 spaces
  • 20 uncovered spaces
  • Covered
  • Driveway
  • Asphalt
  • Paved
  • Garage
  • Garage Faces Side
  • Gated
  • Guest
  • On Site
  • RV Access/Parking
  • RV Hook-Ups
  • RV Potential

Property

  • Barn(s)
  • Outbuilding
  • Storage
  • Workshop
  • Turnkey
  • Updated/Remodeled
  • Hills
  • Vineyard
  • Zoning: AG

Schools

  • High school district: Paso Robles Joint Unified

Sewer

  • Conventional Septic

Spa

  • Above Ground
  • Has spa

Windows

  • Double Pane Windows
  • ENERGY STAR Qualified Windows

This content last updated on October 25, 2024 20:47.