1985 Penman SpringsPaso Robles, CA 93446

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 3,634 Sq. ft. | 42.12 Acres
$2,900,000 Active

1985 Penman Springs Overview

Time on Site:
108 days
Visits:
0

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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1985 Penman Springs Facts & Features

  • Type Single Family
  • Sq. ft. 3,634
  • Price/Sq.ft. $798
  • Lot 42.12 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Paso Robles Joint Unified

Building Information

  • New Construction: No
  • Year Built: 2002

Location/Region

  • Country: US
  • County Or Parish: San Luis Obispo
  • MLS Area Major: PRSE - PR South 46-East 101
  • Postal City: PASO ROBLES

Community/Development

  • Community Features: Rural

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Inclusions: all brand assets, inventory, real estate
  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 020161008
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Gas Range,Refrigerator,Water Heater
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: main
  • Fireplace Features: Gas,Living Room
  • Fireplace: Yes
  • Interior Features: Built-in Features,Balcony,Eat-in Kitchen,Open Floorplan,Pantry,Main Level Primary,Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Levels: Two
  • Living Area: 3634.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage,Gravel
  • Parking Total: 3.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Agricultural,Back Yard,Corner Lot
  • Lot Size Acres: 42.12
  • Lot Size Area: 1834747.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1834747.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Well

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: No
    • Patio And Porch Features: Deck,Porch,Wrap Around
    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Other Structures: Outbuilding,Workshop
    • Pool Features: None
    • Pool Private: No
    • Sewer: Septic Type Unknown
    • Utilities: Electricity Connected,Propane,Water Connected

    1985 Penman Springs Neighborhood

    Community

    93446 (Paso Robles) Demographics

    41
    Median Age
    106
    Population Density (per sq. mile)
    38%
    College Educated
    $76,859
    Estimated Median Income
    11,900
    Estimated Total Home Owners
    5,767
    Estimated Total Renters
    67% / 33%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1985 Penman Springs Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1985 Penman Springs Market Data

    Based on the last 30 days in this zip code

    $1,128,382
    Average List Price
    $523
    Average Price per Square Foot
    41
    Properties Sold
    95
    Average Days on Market
    522
    Properties for Sale
    Calculations provided by Reliance Network

    1985 Penman Springs History

    Date Event Value Agent
    3/13/2026Source: CRMLS Added to Database
    March 13, 2026
    3/13/2026Source: CRMLS Added to Database
    March 13, 2026
    Listing provided courtesy of Oaks to Ocean Real EstateJessica Baker- MLS# NS26011389MLS ProviderContact Information: 805-610-3586