
Templeton, California 93465
This Spacious Custom Estate represents a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,892,109 Fair Market Value by 5%. This valuation gap provides $97,109 in Instant Equity. Featuring a Fair Condition Rating, the home offers high-end Viking appliances and a pebble-finished pool with panoramic lake views. While cosmetic updates to finishes could further enhance value, the property’s 1.68-acre lot and gated community setting offer a premium lifestyle. This is an ideal acquisition for Owner-Occupants seeking a luxury retreat or discerning investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2045 Vista De La Vina Subject | $1,795,000* List Price | 4 | 4 | 3,594 | $526 | - |
A 1990 Calle Los Charros Sold | $2,275,000 | 4 | 4 | 3,907 | $582 | 0.2 mi |
B 2035 Rancho Caro Active | $2,195,000 List Price | 4 | 5 | 3,524 | $623 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 21 years old, placing it in the 'Fair' category based on age criteria. While the home is exceptionally well-maintained and features high-end Viking appliances and dual HVAC systems, the interior finishes—notably the white tile countertops in the bathrooms and the tumbled stone kitchen backsplash—are dated and original to the build, indicating a need for cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 73181, living area = 3594.
Situated in the prestigious gated Spanish Lakes community on 1.68 acres, this property offers breathtaking panoramic views of the private lake, surrounding vineyards, and mountains.
Built by Frank Adorno, the home features premium finishes including Viking appliances, Travertine and wood flooring, three fireplaces, and an oversized 4+ car garage.
The solar energy system is leased rather than owned, which may necessitate a lease assumption by the buyer and could complicate the financing process.
The assigned middle and high schools have moderate ratings (5 and 6 respectively), which may be a drawback for families prioritizing top-tier educational scores.
Here is your chance to own an exceptional home in the highly regarded gated community of Spanish Lakes in Templeton. Built by Frank Adorno, this residence offers 3,594 sq ft of living space on 1.68 acres, featuring 4 bedrooms, 3.5 bathrooms, and an oversized 4+ car garage. Inside, the home includes a formal dining room, separate living and family rooms, and a library/music room with custom built-in shelving. Notable interior details include three fireplaces, elevated recessed ceilings, crown molding, and expansive picture windows that capture views of the lake, nearby vineyards, and surrounding mountains. Flooring materials include Travertine, wood, tile, laminate, and carpet. The property also offers two HVAC systems, an alarm system, and leased solar. The kitchen is appointed with granite countertops, a center island with a vegetable sink, a generous pantry, and Viking stainless steel appliances, including double ovens, a six-burner gas cooktop, and a built-in refrigerator. The primary suite features its own fireplace and scenic views, along with an en suite bathroom offering dual sinks, a jetted soaking tub, and a frameless walk-in shower. The floorplan is well-suited for hosting guests or accommodating caregivers, with the primary suite and two guest bedrooms located on one side of the home, and an additional guest room with its own bathroom situated off the living room. The backyard provides a peaceful retreat with a pebble-finished pool, multiple patio areas, a hot tub, and beautifully landscaped gardens. The grounds include roses, camellias, wisteria, and several fruit trees—olives, peaches, apples, and plumcots—along with raised garden beds that enhance the outdoor setting. The front yard features detailed landscaping and a fountain. Community amenities include access to a private lake for fishing and nearby hiking trails. Ideally located minutes from both Paso Robles and Templeton, this home offers a rare opportunity to enjoy a serene lifestyle in California’s wine country.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 4.3 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,594 | 2,032.5 |
| Lot Size | 73,181 | 12,926.5 |
| Price | $1.79M | $946.1K |
| Price per sq ft | $499 | $517 |
| Built year | 2003 | 2002 |
| HOA | $200.0 | $350 |
| Days on market | 28 | 57 |
Jun 24, 2026
$1,795,000
Initial Listing
Mar 6, 2023
$1,706,500
Public Record
Jun 13, 2003
$960,000
Public Record