213 Grand Canyon, Paso Robles, California 93446, Paso Robles, 93446 - 5 bed, 4 bath
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Paso Robles, California 93446
This Spacious Multigenerational Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,167,805 Fair Market Value by 5%. This valuation gap offers $68,805 in Instant Equity for the buyer. With a Fair Condition Rating, the home features Owned Solar, RV Parking, and a permitted lower-level living area ideal for rental income. Its flexible floor plan and City Light Views make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 213 Grand Canyon Subject | $1,075,000* List Price | 5 | 4 | 3,880 | $283 | - |
A 843 Hacienda Circle Sold | $1,135,000 | 4 | 3 | 3,166 | $358 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it just into the Fair category based on age. While the home is well-maintained and features upgrades like owned solar, the kitchen and bathrooms appear to have original oak cabinetry and finishes that are now dated and may require modernization.
The permitted two-bedroom, one-bath lower-level living area with a private entrance and RV access offers exceptional flexibility for rental income or extended family arrangements.
Equipped with owned solar panels and a water softener, the home provides immediate utility cost savings and modern infrastructure that adds significant long-term value.
With 3,880 square feet of living space, including five bedrooms and multiple bonus rooms, the property easily accommodates large families and diverse work-from-home needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3880, other record living area = 2037. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The current list price reflects a substantial increase from its late 2023 sale price of $755,000, which may lead to appraisal challenges or buyer hesitation regarding market valuation.
The three-level terraced design, while offering scenic city views, may present maintenance challenges and lacks the utility of a traditional flat yard for recreation or accessibility.
Welcome to this centrally located Paso Robles home, nestled in a desirable neighborhood just minutes from shopping, schools, and downtown.The upper level features three bedrooms, two bathrooms, and a versatile fourth room that can be be used as a home office, playroom, or additional living space. The kitchen offers custom cabinetry and neighborhood views, creating a bright and inviting space for everyday living.On the main level, you'll find a permitted two-bedroom, one-bath living area, along with a bonus room. With its own private side entrance and convenient access from the RV parking area, this space offers excellent potential for multigenerational living, guest quarters, or possible rental income (buyer to verify permitted uses).The backyard features a charming three-level terraced design, offering multiple outdoor spaces to enjoy. At the top, you'll be rewarded with beautiful city views, creating the perfect setting to relax, entertain, or take in the Paso Robles sunsets.Additional features include owned solar, a water softener, RV parking, and flexible living spaces to accommodate a large family, extended guests, or income-producing possibilities. Whether you're looking for room to grow, multigenerational living, or investment potential, this home offers endless opportunities to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,880 | 1,825.5 |
| Lot Size | 10,833 | 7,383.5 |
| Price | $1.07M | $795.9K |
| Price per sq ft | $277 | $449 |
| Built year | 2004 | 1987 |
| HOA | $0 | $180 |
| Days on market | 14 | 60 |
Jul 18, 2026
$1,075,000
$1,099,000
-2% Price Drop
Initial Listing
Jul 8, 2026
$1,099,000
Initial Listing
Nov 8, 2023
$755,000
Public Record
Oct 2, 2020
$655,000
Public Record
Mar 3, 2017
$549,000
Public Record
Jan 27, 2012
$313,000
Public Record
Feb 11, 2002
$219,000
Public Record