7 Beds
4 Baths
4,380 SqFt
7 Beds
4 Baths
4,380 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,380 sqft
Price per Sqft $454
MLS Listing ID PI23231104
Style Detached
Bedrooms 7
Full Baths 3
Half Baths 1
Construction Status Turnkey,Updated/Remodeled
HOA Y/N No
Year Built 1986
Lot Size 50.000 Acres
Acres 50.0
Property 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.
Location
State CA
County San Luis Obispo
Area Paso Robles (93446)
Zoning AG
Interior
Cooling Central Forced Air
Fireplaces Type Wood Stove Insert
Laundry Laundry Room, Inside
Exterior
Parking Features Gated, Garage
Garage Spaces 4.0
Fence Excellent Condition, Wire, Chain Link
Community Features Horse Trails
Complex Features Horse Trails
View Mountains/Hills, Vineyard
Total Parking Spaces 24
Building
Lot Description Landscaped
Story 1
Sewer Conventional Septic
Water Well
Architectural Style Ranch
Level or Stories 1 Story
Construction Status Turnkey,Updated/Remodeled
Others
Miscellaneous Horse Allowed,Horse Facilities,Value in Land,Suburban,Horse Property Unimproved
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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