2841 Black Horse Lane, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 3 bath
2841 Black Horse Lane
Paso Robles, California 93446
Property Price
SUMMARY
Analysis of 2841 Black Horse Lane, Paso Robles, California 93446 reveals a Prime Investment Opportunity with a current list price of $575,000—significantly undercutting the $611,762 Fair Market Value by 6%. This valuation gap indicates a +$36,762 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2841 Black Horse Lane Subject | $575,000* List Price | 3 | 3 | 1,988 | $308 | - |
A 2840 Black Horse Lane Sold | $565,000 | 4 | 2 | 2,268 | $249 | 0.0 mi |
B 4913 Longhorn Lane Sold | $545,000 | 3 | 2 | 1,576 | $346 | 0.7 mi |
C 1954 Brook Ln. Active | $699,900 List Price | 4 | 3 | 2,368 | $296 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features a recently remodeled kitchen with modern quartz countertops and a center island. It includes high-value upgrades such as an owned solar system and hardwood flooring throughout the main living areas. While the home was built in 1981, the interior updates to the kitchen and the well-maintained condition of the wood-beamed ceilings and expansive outdoor decking align with the 'Good' classification for a property that has undergone significant partial renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Owned Solar System
The property includes a fully owned solar system, offering significant long-term value by drastically reducing or eliminating electricity costs during the hot summer months.
- Premium Community Amenities
Situated in the gated Heritage Ranch, the home provides a resort-style lifestyle with 24-hour security, lake access, sports courts, and on-site essentials like a market and gas station.
- Modernized Kitchen & Layout
The recently remodeled kitchen features high-end quartz countertops and a center island, while the main-floor bedroom configuration allows for a convenient single-level living experience.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1981, the home may require more frequent maintenance or updates to its original infrastructure and systems compared to newer constructions in the area.
- HOA Fees and Restrictions
The $180 monthly association fee and gated community regulations add a recurring cost and may limit certain owner freedoms regarding property modifications.
About 2841 Black Horse Lane
2841 Black Horse Lane at Heritage Ranch The Perfect Family Home or Weekend Getaway!Welcome to this beautiful two-story bungalow style home located in the gated community of Heritage Ranch.Whether you're looking for a full-time family home or the perfect recreational retreat, this property offers the best of both worlds.Outdoor enthusiasts will love that boating, water skiing, fishing, and swimming are less than a mile away. Heritage Ranch provides 24-hour security and an abundance of amenities, including basketball, pickleball and tennis courts, a swimming pool, biking and hiking trails, horse trails, and even an on-site market and gas station for added convenience.This 3-bedroom, 2 1/2 bath home offers approximately 2,000 square feet of thoughtfully designed living space. The main floor features all three bedrooms, along with the living and dining rooms, creating an ideal single-level living experience. Upstairs, you'll find an oversized bonus room and half bath... Perfect for a game room, media space, or guest retreat.The recently remodeled kitchen shines with beautiful quartz countertops and a large center island, making it ideal for hosting gatherings. Step outside onto the expansive deck off the living room, complete with a built-in bar, awnings, and breathtaking views -- perfect for entertaining or simply relaxing.Home also boasts tons of attic storage and an OWNED Solar System, so run your AC full time, never lose power and enjoy zero to negative electric bills in the Summer months!*Additional highlights include:*Owned solar system*Hardwood floors*Cozy wood-burning stove*Wood-beamed ceilings*Spacious laundry room conveniently located off the kitchenThis home is so much more than a home... it's a lifestyle!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 6,072 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $180.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,988 | 1,790.5 | 62% |
| Lot Size | 6,072 | 9,541.5 | 25% |
| Price | $575.0K | $775.0K | 15% |
| Price per sq ft | $289 | $438 | 4% |
| Built year | 1981 | 1990 | 23% |
| HOA | $180.0 | $0 | 80% |
| Days on market | 10 | 184 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$575,000
Initial Listing
Sold
Dec 12, 2024
$550,000
Public Record
Sold
Oct 17, 1997
$131,000
Public Record