1985 Penman Springs
Paso Robles, CA, 93446 $ 2,900,000
Bedrooms-- Baths-- Sq 4,834 Monthly Estimate*
$ 17,856
Listed by Oaks to Ocean Real Estate
for $2,900,000. This 4,834 square foot building was built in 2002 on a lot size of 42.12.
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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FeaturesGeneralHeating Central
Cooling Central Air
Utilities Electricity Connected Propane
Zoning AG
Year Built 2002
Property Subtype Agriculture
Business Type Agriculture
County San Luis Obispo
Property Type Commercial Sale
Other Structures Living Quarters
Special Listing Conditions Standard
Status Active
Directions From Hwy 101 take Hwy 46 East to Union Rd. a few minutes past Barney Schwartz Park
City Paso Robles
MLS Area PRSE - PR South 46-East 101
Lot Size Units Square Feet
Lot Size Square Feet 1834747
Listing Terms Cash Cash to New Loan
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Agriculture
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Closet
Entry Level 1
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ExteriorLot Features Agricultural Corner Lot
Water Source Well
Inclusions Brand Assets Inventory Real Estate
Lot Size Area 1834747
Number of Buildings 2
Building Area Total 4834
Lot Size Acres 42.12
Lot Size Source Assessor
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* Excluded FeaturesList ByOaks To Ocean Real EstateBroker
jessbsells805@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,856
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Paso Robles, CA
Average List Price $2,854,295
Percent of Sale Price 2%
About Paso Robles, CA 45,791 Population
26% Since 2002
$ 68,638 Median Income
39.68 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/13/2026 | $2,900,000 | | Listed Price |