4540 E Highway 41
Paso Robles, CA, 93446 $ 2,499,000
Bedrooms7 Baths3.1 Sq 4,380 Monthly Estimate*
$ 16,609
for $2,499,000 with 7 bedrooms and 3 full baths, 1 half bath. This 4,380 square foot home was built in 1986 on a lot size of 50.
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.
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FeaturesGeneralInterior Features AllBedroomsDown BedroomonMainLevel MainLevelPrimary MultiplePrimarySuites WineCellar WalkInClosets
Sewer SepticTank
Heating Central
Cooling CentralAir
Zoning AG
HOA 0.0
Garage Spaces 4.0
Patio/Porch Features RearPorch Concrete Covered Deck FrontPorch Open Patio Porch Terrace
Architectural Style Ranch
Pool Features None
Year Built 1986
View Hills Vineyard
Stories 1
Levels One
Property SubType SingleFamilyResidence
Community Features HorseTrails Suburban
County San Luis Obispo
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Other Structures Barns Outbuilding Storage Workshop
Special Listing Conditions Standard
Status Active
Directions Head east on CA-41 N toward Straw Ridge Rd the destination will be on your left.
City Paso Robles
Entry Location Front Door
View Y/N Y
Senior Community Y/N N
High School District Paso Robles Joint Unified
Open Parking Spaces 20.0
Total Units 2
MLS Area PRNE - PR North 46-East 101
Lot Size Square Feet 2178000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Highway 41
Listing Terms Cash Conventional
Spa Features AboveGround
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled Turnkey
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 12
Structure Type House
Standard Status Active
Occupancy Type Owner
Year Built Source PublicRecords
Tax Lot 52
Property Sub Type Additional SingleFamilyResidence
Expected Active Date 2024-02-28
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ExteriorFencing ChainLink ExcellentCondition Wire
Parking Features Asphalt Covered Driveway Garage Guest Gated OnSite Paved RVHookUps RVPotential RVAccessParking GarageFacesSide
Lot Features Agricultural HorseProperty Lawn LotOver40000Sqft Landscaped RectangularLot RollingSlope Ranch SprinklerSystem ValueInLand Yard
Water Source Well
Total Parking 24.0
Inclusions wine equipment - can be sold fully furnished.
Lot Size Area 2178000.0
Foundation Details Slab
Spa Y
Lot Size Acres 50.0
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Door Features ENERGYSTARQualifiedDoors SlidingDoors
Road Frontage Type CountyRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N Y
Horse Amenities RidingTrail
Irrigation Water Rights Y/N N
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InteriorFireplace Features Insert WoodBurningStove
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows ENERGYSTARQualifiedWindows
Fireplace Y/N Y
Full Baths 3
Half Baths 1
Laundry Features Inside LaundryRoom
Total Bedrooms 7
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 5
Main Level Bathrooms 4
Total Baths 4
Living Area Units SquareFeet
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $16,609
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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 NearbySingle family listings in Paso Robles, CA
Average List Price $1,662,486
Percent of Sale Price 33%
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.
4338989 Elementary School
4338681 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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2/28/2024 | $2,499,000 | | Listed Price |