4774 Mill Road, Paso Robles, California 93446, Paso Robles, 93446 - 7 bed, 5 bath

4774 Mill Road, Paso Robles, California 93446 home-pic-0

4774 Mill Road

Paso Robles, California 93446

ACTIVE UNDER CONTRACT
CONDITION: FAIR
7Beds
5Baths
4,148Sq Ft
6,998,349.5Lot Size

Property Price

LIST PRICE$3,000,000

SUMMARY

Analysis of 4774 Mill Road, Paso Robles, California 93446 is currently available with a list price of $3,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1996, the property is nearly 30 years old and appears to retain most of its original finishes. While the home is well-maintained and functional, the kitchen and bathrooms reflect the styles of the late 90s and lack modern updates. The listing description also notes the vineyard requires redevelopment, and the overall interior condition fits the criteria for a home built over 20 years ago with no major recent renovations.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 6998349, living area = 4148.

  • Expansive Acreage & Versatility

    Spanning 160 acres with two residences and multiple outbuildings, this property offers immense scale and flexibility for a legacy estate, equestrian ranch, or commercial vineyard compound.

  • Prime Wine Country Location

    Situated in a premier Paso Robles corridor near top-tier wineries and downtown, the estate features breathtaking panoramic views of rolling hills, sunrises, and sunsets.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6998349, other record lot size in square feet = 6926475.

  • Redevelopment Capital Required

    The existing vineyard is noted as an opportunity for redevelopment, implying that significant capital investment may be needed to replant or modernize the agricultural operations.

  • High Maintenance Demands

    The sheer size of the 160-acre lot combined with multiple structures and agricultural features necessitates substantial ongoing maintenance and operational oversight.

About 4774 Mill Road

This remarkable 160 +/- acre Ranch, nestled in the heart of Paso Robles Wine Country, offers scale, privacy and endless potential just minutes from downtown Paso Robles, Hunter Ranch Golf Course, Vina Robles Amphitheatre and some of the region’s most celebrated wineries. The property is predominantly planted to vineyard, presenting a rare opportunity for a new owner to redevelop or create an entirely different vision for the property. Two agricultural wells provide valuable water resources to support future vineyard or agricultural operations. Perched perfectly to capture sweeping eastern sunrises and glowing western sunsets, the 3,000± sf main home enjoys expansive views across rolling hills and vines, creating an ideal setting for a private estate or vineyard retreat. The second home with shop close by offers flexibility for guests, extended family or care takers. Beyond the homes, the land unfolds into a diverse mix of usable features including pastures for animals, a tack room/storage building and a charming park-like setting. Additional bathrooms and a BBQ area are perfect for gatherings, events or relaxed outdoor living under the oaks. The property is currently enrolled in the Williamson Act for potential property tax benefits, blending agricultural utility with lifestyle appeal in one of Paso Robles’ most desirable rural corridors. A rare opportunity to create a legacy vineyard estate, equestrian ranch or wine country compound in a premier location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1996
Lot Size
6,998,349.5 Sq. Ft.

Interior

Total Bedrooms
7
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds7.03.0
96%
Baths5.02.0
96%
Square foot4,1481,790.5
97%
Lot Size6,998,349.59,583
99%
Price$3.00M$775.0K
98%
Price per sq ft$723$440
97%
Built year19961990
55%
HOA$0$0
50%
Days on market40184
2%

Pricing History

Listed for Sale

Jan 26, 2026

$3,000,000

Initial Listing

Sold

Jan 25, 2017

$4,000,000

Public Record

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