
Paso Robles, California 93446
This Single Family Residence represents a Strong Value Opportunity, listed at $599,000—positioned well above the $582,253 Fair Market Value by -2%. While the property is priced at market, it offers significant potential through its Versatile Bonus Space and 3-Deck Outdoor Living area. With a Condition Rating of 4, the home is move-in ready but invites cosmetic modernization to maximize long-term value. Located in the Paso Robles Joint Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused lake retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4621 Ibis Subject 3 bd · 2 ba · 1,650 sqft · $353 | $599,000* List Price | 3 | 2 | 1,650 | $353 | - |
A 4834 Pintail Avenue Sold 3 bd · 2 ba · 1,656 sqft · $383 · 0.2 mi | $635,000 | 3 | 2 | 1,656 | $383 | 0.2 mi |
B 4755 Egret Lane Sold 3 bd · 2 ba · 1,344 sqft · $371 · 0.1 mi | $499,000 | 3 | 2 | 1,344 | $371 | 0.1 mi |
C 2726 Bridle Trail Lane Sold 4 bd · 2 ba · 1,700 sqft · $288 · 0.5 mi | $490,000 | 4 | 2 | 1,700 | $288 | 0.5 mi |
D 1931 Wild Rice Sold 3 bd · 2 ba · 2,078 sqft · $334 · 0.5 mi | $695,000 | 3 | 2 | 2,078 | $334 | 0.5 mi |
E 2628 Saddle Back Sold 3 bd · 2 ba · 1,425 sqft · $305 · 0.5 mi | $435,000 | 3 | 2 | 1,425 | $305 | 0.5 mi |
F 2599 Bridle Trail Sold 2 bd · 2 ba · 1,344 sqft · $342 · 0.6 mi | $460,000 | 2 | 2 | 1,344 | $342 | 0.6 mi |
G 4653 Green Pine Lane Sold 2 bd · 2 ba · 1,152 sqft · $419 · 0.9 mi | $483,000 | 2 | 2 | 1,152 | $419 | 0.9 mi |
H 1958 Green Brook Lane Active 3 bd · 2 ba · 1,388 sqft · $454 · 0.4 mi | $630,000 List Price | 3 | 2 | 1,388 | $454 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the home is well-maintained but dated. While it features newer laminate flooring and updated stainless steel appliances, the kitchen and bathrooms retain original oak cabinetry, tile countertops, and 90s-era fixtures. The property is move-in ready but requires cosmetic updates to the primary systems and wet areas to meet modern standards.
Situated on a quiet cul-de-sac and backing directly to open space and trails, this property offers exceptional privacy and immediate access to the Heritage Ranch trail system.
The additional large room with a separate entrance alongside the garage provides rare flexibility for a home office, gym, or guest quarters without compromising the main living area.
With three separate decks and scenic views of the mountains and meadows, the home seamlessly integrates indoor and outdoor living, perfect for the Lake Nacimiento lifestyle.
Built in 1990, the home may require cosmetic updates or appliance upgrades to align with contemporary luxury standards.
The large backyard is currently a 'blank canvas,' requiring additional time and capital investment from the buyer to develop functional gardens or entertaining areas.
Experience the Heritage Ranch lake lifestyle in this inviting 3-bedroom, 2-bath home—perfect as a full-time residence or your own Lake Nacimiento vacation retreat! Tucked away on a quiet cul-de-sac and backing to trails and open space, this home offers the perfect combination of privacy, beautiful views, outdoor living and access to everything this special community has to offer. Inside, the spacious floor plan features high ceilings, a cozy fireplace in the living room and a formal dining room ideal for gathering with family and friends. The primary suite is privately situated on the opposite side of the home from the guest bedrooms and opens directly onto its own private deck.The large kitchen opens to dining room and offers an abundance of cabinetry. With three separate decks, outdoor living is truly part of the experience. Enjoy your morning coffee from the primary suite deck, relax off the living room while taking in the mountain views, or gather with friends on the expansive back deck overlooking peaceful meadows and majestic oak trees. The large backyard is a blank canvas ready for whatever your dream takes you—gardens, outdoor entertaining, play areas and more—all with trails and open space just beyond your backyard. A 2-car garage provides plenty of storage, plus an additional large room alongside the garage with its own separate entrance. This flexible space offers endless possibilities for a home office, gym, hobby room, guest quarters, additional bedroom or ? And then there’s the Heritage Ranch lifestyle! Enjoy access to Lake Nacimiento with a private community boat launch, miles of walking and recreational trails, pickleball, parks and a community filled with year-round activities—from barn dances and Music in the Park to holiday celebrations, Easter egg hunts and neighborhood events. Restaurants, a grocery store, gym, school and everyday conveniences are all close by—and many are just a golf-cart ride away.Whether you’re looking for a peaceful place to call home year-round or a lake getaway where family and friends can gather, this Heritage Ranch property offers the space, setting and lifestyle to enjoy it all.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,650 | 1,827.602 |
| Lot Size | 9,583 | 8,814.944 |
| Price | $599.0K | $812.6K |
| Price per sq ft | $363 | $445 |
| Built year | 1990 | 1990 |
| HOA | $209.0 | $186 |
| Days on market | 14 | 66 |
Oct 10, 2026
$599,000
Initial Listing
Oct 24, 2022
$517,000
Public Record
Feb 25, 2016
$140,500
Public Record
Oct 8, 2009
$293,000
Public Record