
Paso Robles, California 93446
This 10-acre rural redevelopment asset is a High-Potential Investment Opportunity with a List Price of $400,000—positioned below the $405,680 Fair Market Value by 1%. This valuation gap offers $5,680 in Instant Equity for buyers. While the property holds a Poor Condition Rating and requires a complete rebuild, the Expansive 10-Acre Lot features Mountain Views, rolling hills, and a seasonal creek. Located in the Paso Robles Joint Unified district, this is a prime acquisition for Fix-and-Flip Investors or Developers seeking a Central Coast project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14615 Chimney Rock Subject | $400,000* List Price | 2 | 1 | 1,736 | $234 | - |
A 14615 Chimney Rock Pending | $400,000 List Price | 2 | 1 | 1,736 | $230 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976, the property is described as requiring significant restoration, renovation, or replacement. The listing explicitly states that the condition of essential systems like septic and water is unknown and highlights the need for a large capital investment to address the structure's deficiencies, placing it firmly in the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 436036, living area = 1736.
Situated on 10± acres in the prestigious Paso Robles wine country, this property offers significant land value and privacy along the scenic Chimney Rock corridor.
The presence of existing power, water, and septic systems provides a valuable head start for development, potentially saving substantial time and permitting costs compared to raw land.
The 1976-built structure likely requires extensive restoration or a complete rebuild, necessitating a large capital investment beyond the purchase price.
With the condition of the septic and water systems listed as unknown, buyers face potential unforeseen expenses to bring essential services up to modern standards.
Discover your opportunity to own 10± acres in the heart of Paso Robles wine country along the scenic Chimney Rock corridor. Surrounded by rolling oak-studded hills, this property offers privacy, natural beauty, and endless potential. The existing 1,736± sq ft home, built in 1976, provides a foundation with power, water, and septic in place (condition unknown), ready for restoration, renovation, or replacement to suit your vision. The land is the true highlight—featuring gently varied topography, open clearings, native oaks, and a seasonal creek meandering through the lower portion of the property. Whether you're looking to build a custom home, create a weekend retreat, or invest in a piece of Central Coast land, the possibilities are wide open. Enjoy peaceful surroundings, abundant wildlife, and close proximity to Lake Nacimiento, world-class wineries, and downtown Paso Robles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,736 | 1,774 | 48% |
| Lot Size | 436,036 | 8,926 | 95% |
| Price | $400.0K | $780.0K | 2% |
| Price per sq ft | $230 | $452 | 0% |
| Built year | 1976 | 1990 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 175 | 0% |
Apr 13, 2026
$400,000
Initial Listing
Apr 27, 1995
$150,000
Public Record