1505 Barley Grain, Paso Robles, California 93446, Paso Robles, 93446 - 4 bed, 4 bath
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Paso Robles, California 93446
Analysis of 1505 Barley Grain, Paso Robles, California 93446 reveals a Fairly Priced Property with a current list price of $1,675,000 aligned with the estimated $1,634,032 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Paso Robles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1505 Barley Grain Subject | $1,675,000* List Price | 4 | 4 | 3,415 | $478 | - |
A 1185 Beaver Creek Lane Sold | $1,850,000 | 4 | 3 | 3,657 | $506 | 0.5 mi |
B 1010 Spanish Camp Sold | $1,250,000 | 3 | 3 | 2,328 | $537 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property is well-maintained but largely original, featuring dated kitchen and bathroom finishes that require modernization. While major systems like the owned solar are a plus, the interior reflects its 35-year age with no significant recent renovations, aligning with the 'fair' criteria for homes of this vintage needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 227819, living area = 3415.
Situated on over 5 picturesque acres with majestic oak trees and a meandering creek, providing exceptional privacy and a serene rural atmosphere in the desirable Spanish Camp community.
The 3,415 sq ft layout features dual primary suites and a dedicated office, offering ideal flexibility for multi-generational living or a comprehensive work-from-home setup.
Built in 1989, the interior is noted as needing a 'modern vision and updates,' suggesting that buyers will need to budget for significant cosmetic or structural renovations.
A recent $100,000 price reduction indicates that the property may have been initially overvalued relative to its current condition and local market demand.
Nestled on over 5 picturesque acres in the desirable Spanish Camp community of Paso Robles, this 3,415± sq ft residence offers exceptional space, privacy, and potential. The home features primary suites on both the main and upper levels, along with two additional bedrooms and a dedicated office—ideal for multi-generational living or flexible work-from-home needs. A charming media/sitting room could be connected to the downstairs primary suite, creating an opportunity for separate living quarters if desired. The property itself is dotted with majestic oak trees and enhanced by a creek that meanders along the back of the acreage, providing a peaceful rural backdrop. While the home is ready for your modern vision and updates, it benefits from owned solar, making it a rare opportunity to craft your dream estate in one of Paso Robles’ most coveted countryside neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 3,415 | 1,776 | 97% |
| Lot Size | 227,819 | 8,838 | 92% |
| Price | $1.68M | $780.0K | 96% |
| Price per sq ft | $490 | $456 | 65% |
| Built year | 1989 | 1991 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 175 | 42% |
Feb 26, 2026
$1,675,000
Initial Listing
Nov 15, 2025
$1,775,000
Initial Listing
May 13, 1996
$325,000
Public Record
May 6, 1994
$225,000
Public Record