
Paso Robles, California 93446
This Value-Add Residential Property is listed at $610,000, positioned near its $589,484 Fair Market Value. Holding a Dated Condition Rating, the asset offers significant forced appreciation potential through interior modernization and the formalization of the unpermitted fourth bedroom. The home is defined by its Prime Parkside Location directly across from Sherwood Park, featuring desirable Mountain Views and a spacious 6,000 sqft lot. Situated in the Paso Robles Joint Unified district, it balances lifestyle appeal with investment upside. This property is a perfect match for Buy-and-Hold Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 358 Via Ramona Subject | $610,000* List Price | 3 | 2 | 1,176 | $496 | - |
A 250 Santa Bella Sold | $635,000 | 3 | 2 | 1,176 | $540 | 0.2 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 | 0.8 mi |
D 268 Camino Lobo Sold | $505,000 | 3 | 2 | 1,176 | $429 | 0.1 mi |
E 1639 Wade Drive Sold | $590,000 | 3 | 2 | 1,154 | $511 | 0.9 mi |
F 919 Saint Ann Sold | $749,000 | 3 | 2 | 1,610 | $465 | 0.6 mi |
G 440 Helen Street Active Under Contract | $499,000 List Price | 3 | 2 | 1,287 | $388 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old home features some cosmetic updates like newer laminate flooring and stainless steel appliances, but remains largely dated. The kitchen cabinets appear original, popcorn ceilings are present throughout, and the garage conversion is unpermitted, indicating a need for modernization and minor repairs to add value.
Ideally situated directly across from Sherwood Park and near Oak Creek Park, providing immediate access to pickleball courts, playgrounds, and scenic walking trails.
The property offers desirable mountain and greenbelt views from the living room and kitchen, significantly enhancing the home's interior ambiance.
With a spacious 6,000 sqft flat lot and a flexible layout, this home presents a solid opportunity for buyers to build equity through personalized renovations and landscaping.
The garage conversion into a fourth bedroom and laundry room is unpermitted, which may complicate traditional financing or future resale valuations.
Built in 1974 and marketed as an 'opportunity' to add value, the home likely requires significant cosmetic and functional updates to meet modern standards.
Opportunity knocks in a fantastic Paso Robles neighborhood, ideally positioned across from Sherwood Park and just a short distance to Oak Creek Park and Sherwood Dog Park. Paso Robles is just under 10 minutes away, offering great restaurants, tasting rooms, and a vibrant town square. The home offers an easy, open layout with flexibility to make it your own. Enjoy mountain views from the living room and kitchen, or take advantage of the spacious, private backyard, flat, fenced, and ready for whatever you envision, whether that’s entertaining, gardening, or simply creating your own outdoor retreat. The primary bedroom is tucked toward the back of the home, with a large window overlooking the yard, giving it a quiet, private feel. The garage has been converted into a laundry room and fourth bedroom (unpermitted), offering additional space for guests, a home office, or extended living. Whether you’re a first-time buyer, investor, or someone looking for a well-located home with room to add value, this property presents a solid opportunity. With its combination of location, lot size, and functional layout, it’s a chance to put your own touch on a home in an area that continues to see steady improvement and investment. Sherwood Park is known for its popular playground, pickleball courts, sports fields, and picnic areas, while Oak Creek Park offers shaded walking paths and a more relaxed setting, adding to the overall appeal of this well-positioned neighborhood
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 | 6,000 | 8,370 | 23% |
| Price | $610.0K | $799.0K | 21% |
| Price per sq ft | $519 | $450 | 77% |
| Built year | 1974 | 1992 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 157 | 5% |
Apr 23, 2026
$610,000
Initial Listing
Apr 26, 2024
$590,000
Public Record
Sep 6, 2018
$378,000
Public Record