
Paso Robles, California 93446
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $535,000—positioned well below the $540,705 Fair Market Value by 1%. This valuation gap offers $5,705 in Instant Equity. The home maintains a Condition Rating of 4, featuring modern flooring but requiring kitchen and bath updates to maximize value. With Solar Panels and Rear RV/Boat Access, it offers significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lake-lifestyle project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2639 Chaparral Subject | $510,000* List Price | 3 | 3 | 2,140 | $247 | - |
A 2841 Black Horse Lane Sold | $558,800 | 3 | 3 | 1,988 | $281 | 0.2 mi |
B 2628 Saddle Back Sold | $435,000 | 3 | 2 | 1,425 | $305 | 0.0 mi |
C 2726 Bridle Trail Lane Sold | $490,000 | 4 | 2 | 1,700 | $288 | 0.6 mi |
D 4922 Longhorn Lane Active | $449,000 List Price | 3 | 3 | 1,708 | $263 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 42-year-old home has received some cosmetic updates including modern laminate flooring and fresh paint. However, the kitchen remains dated with older oak cabinetry and tile countertops characteristic of a 20+ year old renovation, and the laundry/bath areas show older finishes, requiring further modernization to reach 'Good' standing.
With over 2,100 square feet including three full bathrooms, a dedicated office, and a large bonus room, this floor plan offers exceptional flexibility for families or remote professionals.
Situated in the gated Heritage Ranch, the property grants access to a private marina, boat launch, pools, and extensive sports facilities, providing a high-value resort lifestyle.
The home features cost-saving solar panels and a rare rear-access gate specifically designed for convenient boat or RV parking, catering perfectly to the lake-oriented location.
The property is noted as having no views, which may be a disadvantage in a lake-side community where panoramic vistas are highly sought after by buyers.
Built in 1982, the home may require significant cosmetic or structural updates to meet modern standards, as reflected in the suggestion to 'make it your own.'
Spacious and versatile, this Heritage Ranch home offers more than 2,100 square feet with 3 bedrooms, 3 full bathrooms, a dedicated office and a large bonus room. The generous floor plan provides plenty of room to spread out, with an open kitchen, dining and living area creating a comfortable central gathering space. Solar is a great bonus, while a gate at the back of the property provides street access for boat or RV parking. The front patio adds to the home’s curb appeal and offers a great spot to relax or entertain. Heritage Ranch is a gated community with controlled access and an incredible array of amenities, including access to Lake Nacimiento, a private marina and boat launch, two swimming pools, parks, pickleball, tennis and basketball courts, hiking trails, equestrian facilities and more. With its generous size, flexible floor plan and access to all that Heritage Ranch has to offer, this property is a great opportunity to enjoy the lake lifestyle and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,140 | 1,817.9 |
| Lot Size | 6,000 | 8,820.05 |
| Price | $510.0K | $812.0K |
| Price per sq ft | $238 | $441 |
| Built year | 1982 | 1991 |
| HOA | $210.0 | $180 |
| Days on market | 29 | 61 |
Sep 8, 2026
$510,000
$535,000
-5% Price Drop
Initial Listing
Aug 11, 2026
$535,000
Initial Listing
Sep 30, 2019
$420,000
Public Record
Jun 10, 2016
$369,000
Public Record
Nov 25, 1998
$93,000
Public Record