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

4774 Mill Road
Paso Robles, California 93446
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 96% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 4,148 | 1,790.5 | 97% |
| Lot Size | 6,998,349.5 | 9,583 | 99% |
| Price | $3.00M | $775.0K | 98% |
| Price per sq ft | $723 | $440 | 97% |
| Built year | 1996 | 1990 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 184 | 2% |
Pricing History
Listed for Sale
Jan 26, 2026
$3,000,000
Initial Listing
Sold
Jan 25, 2017
$4,000,000
Public Record




































































