
Paso Robles, California 93446
This property presents a High-Potential Investment Opportunity with a List Price of $560,000—positioned slightly above the $552,804 Fair Market Value. While the home requires updates, the Owned Solar System and 6,098 sqft lot with a unique built-in garage bar provide significant value-add potential. With a Condition Rating of 4, this asset is ideal for those looking to modernize a dated layout. Its proximity to Sherwood Park and the Paso Robles Golf Club ensures long-term appeal for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 Camino Lobo Subject | $560,000* List Price | 3 | 2 | 1,176 | $470 | - |
A 250 Santa Bella Sold | $635,000 | 3 | 2 | 1,176 | $540 | 0.1 mi |
B 1036 Samantha Drive Sold | $605,000 | 3 | 2 | 1,200 | $504 | 0.8 mi |
C 1107 Patricia Sold | $499,900 | 3 | 2 | 1,044 | $479 | 0.7 mi |
D 268 Camino Lobo Sold | $505,000 | 3 | 2 | 1,176 | $429 | 0.1 mi |
E 1103 Patricia Lane Sold | $620,000 | 3 | 2 | 1,432 | $433 | 0.8 mi |
F 1744 Ponderosa Sold | $540,000 | 2 | 2 | 1,088 | $496 | 0.6 mi |
G 358 Via Ramona Active Under Contract | $610,000 List Price | 3 | 2 | 1,176 | $519 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property is explicitly marketed as needing 'TLC' and having 'potential.' While it features some functional upgrades like owned solar, AC, and budget-friendly bathroom refreshes, the home is dated and requires cosmetic updates and minor repairs to meet modern standards.
The property features an owned solar system, offering significant utility cost savings and energy efficiency, which is a major asset during the hot Paso Robles summer months.
The 6,000 sqft lot is well-utilized with a covered patio, a unique built-in garage bar, and established irrigation with an apple tree, creating an ideal space for outdoor gatherings.
Conveniently located near Sherwood Park and the Paso Robles Golf Club, providing residents with easy access to local recreation, sports, and leisure activities.
The listing explicitly states the home requires 'TLC' and has 'room to improve,' indicating that immediate additional investment will be necessary for repairs and modernization.
At 1,176 square feet for a 3-bedroom, 2-bath configuration, the living spaces may feel compact and potentially dated compared to more modern residential layouts.
This 3 bed, 2 bath, 1176 sqft home has lots of potential and is ready for you to come give it the TLC it needs! Situated on a 6000 sqft lot, this home has a great backyard space with a covered patio, storage shed, room for a lawn or garden (there's an apple tree and irrigation already set up!) as well as a bar built into the garage wall! Pop open the window on those warm summer evenings and enjoy a few drinks with friends while you sit on the patio. The 2 car garage provides room for vehicles and tools on the workbench. Inside, the living room welcomes you with a cozy wood-burning fireplace and a breakfast nook. The master bedroom has a full en-suite bathroom. The house also comes with owned solar to help keep electricity costs down on those hot summer days while you're running the AC. It's also located just a short distance from Sherwood Park and the Paso Robles golf club so it's easy to get out and enjoy the things you love to do. If you're interested in an affordable home with room to improve, 309 Camino Lobo is waiting for you!
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 | 1,176 | 1,790 | 13% |
| Lot Size | 6,098 | 8,370 | 26% |
| Price | $560.0K | $799.0K | 14% |
| Price per sq ft | $476 | $450 | 62% |
| Built year | 1974 | 1992 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 157 | 2% |
May 29, 2026
$560,000
Initial Listing
Nov 18, 2016
$334,000
Public Record
Apr 26, 2013
$221,000
Public Record
Mar 24, 2005
$372,000
Public Record