2468 Falcon Drive, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 2 bath
Loading property details...
Paso Robles, California 93446
This Value-Add Residential Property is listed at $730,000, reflecting a location-based premium relative to its $671,013 Fair Market Value. While the interior currently maintains a Dated Condition Rating, the home offers immediate functional reliability with a brand-new A/C system and cooktop. The property’s primary strength lies in its expansive 11,967 sq ft lot, which provides significant upside through the potential addition of an Accessory Dwelling Unit (ADU). Situated within the Paso Robles Joint Unified district near premier wineries, this is an ideal acquisition for Owner-Occupants or multi-generational families seeking a customizable retirement lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2468 Falcon Drive Subject | $730,000* List Price | 3 | 2 | 1,660 | $404 | - |
A 2483 Starling Court Sold | $750,000 | 3 | 2 | 1,951 | $384 | 0.1 mi |
B 842 Saint Andrews Sold | $780,000 | 3 | 2 | 1,536 | $508 | 0.8 mi |
C 2097 Fallbrook Court Sold | $730,000 | 3 | 2 | 1,500 | $487 | 0.4 mi |
D 830 Sycamore Canyon Road Sold | $770,000 | 3 | 2 | 1,991 | $387 | 0.6 mi |
E 1128 Golf Place Sold | $795,000 | 4 | 3 | 1,900 | $418 | 1.0 mi |
F 807 Sycamore Canyon Road Sold | $800,000 | 3 | 2 | 1,991 | $402 | 0.6 mi |
G 1035 Pioneer Trail Active | $699,999 List Price | 5 | 2 | 1,654 | $423 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1990 (34 years old) and features mostly original, dated finishes in the bathrooms and bedrooms. While the listing notes a brand new A/C and cooktop, the overall interior aesthetic and cabinetry are over 30 years old and require 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 = 11967, living area = 1660.
The generous 11,967 sq ft lot provides ample space for family gatherings or the addition of an Accessory Dwelling Unit (ADU), offering excellent versatility and value-add potential for investors or multi-generational families.
As a single-family home without the burden of monthly HOA fees, this property offers lower carrying costs and greater freedom for homeowners compared to many neighboring retirement-oriented communities.
Built in 1990, the property may require further cosmetic updates or modernization of core systems to meet the aesthetic standards of contemporary buyers looking for a turnkey luxury experience.
At 1,660 sq ft, the living space is relatively modest compared to the large lot size, which may feel restrictive for those seeking expansive indoor living areas or larger bedroom dimensions.
Welcome to the wine country of Paso Robles, also known as - "Best Small Town for Retirement!" A great opportunity to own a vacation home or your retirement home at 2468 which I know you will appreciate. A single family home without additional HOA fees. The home sits on a lot size of 11,967 sq ft and a living space of 1,660 sq ft that comes with 3 beds and 2 baths, a large living room with skylights, a utility nook, spacious kitchen, breakfast bar and dining room. Brand new A/C, skylight and cook range to enjoy. A huge backyard that can fit an ADU for additional dwelling or hold family gatherings for any occasion. Also located in close proximity are restaurants, stores, schools, golf course, wineries, 805 Brewery, parks, sports clubs, etc. All with easy access to the freeway. Come and check it out before it is gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,660 | 1,775 | 44% |
| Lot Size | 11,967 | 8,838 | 59% |
| Price | $730.0K | $780.0K | 36% |
| Price per sq ft | $440 | $454 | 45% |
| Built year | 1990 | 1991 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 175 | 0% |
Apr 17, 2026
$730,000
Initial Listing
Oct 12, 2021
$618,000
Public Record
Jan 13, 2012
$290,000
Public Record