$1,990,000
For Sale

4540 E Highway 41

Paso Robles, CA 93446
4380 sqft | 7 beds | 3.5 baths | 50.00 acres | #PI23231104
Listing OfficeInvest SLO
Browse 88 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorAllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites, WineCellar, WalkInClosets
    • Beds & Baths
      • Bathrooms3.5
      • Bedrooms7
      • Full Baths3
      • Half Baths1
  • Property Details
      • Lot DescriptionAgricultural, HorseProperty, Lawn, LotOver40000Sqft, Landscaped, RectangularLot, RollingSlope, Ranch, SprinklerSystem, ValueInLand, Yard
      • ViewHills, Vineyard
      • Stories1
    • Measurements
      • Square Feet4380
      • Acres50
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1986
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationSepticTank
      • Utility SourceWell
  • Community and Neighborhood Details
      • School DistrictPaso Robles Joint Unified
      • CountySan Luis Obispo
  • Financial Details
      • Original List Price$2,499,000
  • Other
      • MLS #PI23231104

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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