Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of winecountry. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled withinthis renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers moderncomforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, MadisonCellars 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 theprotection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistentlyscoring 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, 9acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. These vines are professionally managed with ZERO OWNER responsibilities andgenerate a passive income of $40,000 annually through vine production at $1,350 per acre. Additionally, the estate features a small winery buildingthat could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility forfuture 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.
|
DAYS ON MARKET
|
262
|
LAST UPDATED
|
10/10/2024
|
|
YEAR BUILT
|
1986
|
COMMUNITY
|
PR North 46-East 101
|
|
GARAGE SPACES
|
4.0
|
COUNTY
|
San Luis Obispo
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
| School District |
Paso Robles Joint Unified |
|
Prior to Jun 24, '24
|
$2,499,000
|
|
Jun 24, '24 - Sep 16, '24 |
$2,249,000
|
| Sep 16, '24 - Today |
$1,990,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
PR North 46-East 101 |
| BARN/EQUESTRIAN |
Yes |
| FIREPLACE |
Yes |
| GARAGE |
Asphalt, Covered, Driveway, Garage, Garage Faces Side, Gated, Guest, On Site, Paved, RV Access/Parking, RV Hook-Ups, RV Potential, Yes |
| HEAT |
Central |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Walk-In Closet(s), Wine Cellar |
| LOT |
50 acre(s) |
| LOT DESCRIPTION |
Agricultural, Horse Property, Landscaped, Lawn, Lot Over 40000 Sqft, Ranch, Rectangular Lot, Rolling Slope, Sprinkler System, Value In Land, Yard |
| PARKING |
Asphalt,Covered,Driveway,Garage,Guest,Gated,On Site,Paved,RV Hook-Ups,RV Potential,RV Access/Parking,Garage Faces Side |
| POOL DESCRIPTION |
None |
| SEWER |
Septic Tank |
| STORIES |
1 |
| STYLE |
Ranch |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Hills,Vineyard |
| WATER |
Well |
| ZONING |
AG |
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Listed with Invest SLO
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/16/24 1:31 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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