
Paso Robles, California 93446
This Modernized Heritage Ranch Residence is a Prime Investment Opportunity, listed at $499,000—positioned well below the $518,663 Fair Market Value by 3%. This valuation gap provides $19,663 in Instant Equity for buyers. The home maintains a Good Condition Rating, featuring a renovated open-concept interior with vinyl plank flooring and a stainless steel kitchen. Residents enjoy extensive community amenities including Lake Nacimiento access and mountain views from the private deck. This property is an ideal acquisition for lifestyle-seekers or Owner-Occupants looking for a move-in-ready value buy in the Paso Robles Joint Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4837 Tumbleweed Way Subject | $450,000* List Price | 3 | 2 | 1,216 | $370 | - |
A 4987 Pretty Doe Sold | $565,000 | 3 | 2 | 1,259 | $449 | 0.3 mi |
B 5109 Bluebird Sold | $500,000 | 2 | 2 | 1,195 | $418 | 0.6 mi |
C 4755 Egret Lane Sold | $499,000 | 3 | 2 | 1,344 | $371 | 0.2 mi |
D 5115 Bluebird Lane Sold | $545,000 | 3 | 2 | 1,460 | $373 | 0.6 mi |
E 1948 Willowbrook Sold | $567,300 | 4 | 2 | 1,440 | $394 | 0.2 mi |
F 2628 Saddle Back Sold | $435,000 | 3 | 2 | 1,425 | $305 | 0.6 mi |
G 5101 Bluebird Lane Sold | $499,000 | 2 | 2 | 1,080 | $462 | 0.6 mi |
H 4907 Longhorn Active | $499,900 List Price | 3 | 2 | 1,301 | $384 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant cosmetic renovations. Key updates include modern vinyl plank flooring throughout, a refreshed kitchen with stainless steel appliances and a center island, and updated interior paint. While the 1979 exterior and some original architectural elements remain, the interior systems and finishes are well-maintained and functional, meeting the criteria for a 'good' condition score.
Situated in the desirable Heritage Ranch, the property offers unparalleled access to Lake Nacimiento, a guarded entrance, pools, sports courts, and equestrian facilities, providing a high-value lifestyle package.
The home features a contemporary open layout with vinyl flooring, a wood pellet fireplace, and a functional kitchen equipped with stainless steel appliances and a center island, perfect for modern living.
With a private balcony off the main living area and a separate back deck leading to the yard, the property maximizes its scenic mountain and woodland views while providing ample space for outdoor entertaining.
The solar panels are leased rather than owned, which requires the buyer to assume a contract and may impact debt-to-income ratios or complicate the closing process for some lenders.
At 1,216 square feet for a three-bedroom configuration, the living spaces and bedrooms may feel small, potentially limiting its appeal to buyers seeking more spacious accommodations.
Whether you’re ready to move closer to the lake or looking for a lock-and-leave vacation home, "The Nacimiento Retreat" delivers a rare mix of everyday comfort and true getaway vibes. Set in the sought-after, amenity-rich Heritage Ranch community, this 3-bedroom, 2-bath home with approximately 1,216 sq ft puts you minutes from Lake Nacimiento and surrounded by year-round outdoor recreation. Entry from the left side of the home leads upstairs to the main living level, where an open-concept design creates a natural flow for everyday living and entertaining. The living room feels cozy yet bright, with a wood pellet fireplace, ceiling fan, durable vinyl flooring, and dual sliding glass doors that open to a private balcony—the perfect spot for morning coffee, evening sunsets, or unwinding after a day on the water. The living area connects seamlessly to the kitchen, featuring stainless steel appliances, a center island for gathering, abundant cabinetry and shelving, and a spacious walk-in pantry for all your lake-weekend essentials. The primary suite serves as a comfortable retreat with a walk-in closet, ceiling fan, and private en-suite bathroom with a shower/tub combo and single vanity. Two additional bedrooms provide flexible space for guests, a home office, or hobbies, and are accompanied by a second full bathroom with a shower/tub combo and single vanity. Step outside to the back deck, which leads down to the backyard and creates additional space to relax, dine al fresco, or host casual get-togethers. Practical features like leased solar panels and a covered portion of the driveway add everyday convenience and help keep life simple, whether you’re here full-time or just for the weekend. Living in Heritage Ranch means more than just a home—it’s a lifestyle. Residents enjoy access to a pool and spa, pickleball and tennis courts, paddle tennis, sport courts, a recreation room, and playgrounds. Lake Nacimiento is just minutes away for fishing, boating, and water activities, complemented by miles of scenic hiking, biking, and horse trails. Community amenities also include parks, picnic and barbecue areas, a dog park, equestrian facilities with stables, storage options, and a guarded entrance, creating a unique blend of comfort, security, and outdoor adventure.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,216 | 1,817.9 |
| Lot Size | 4,500 | 8,820.05 |
| Price | $450.0K | $812.0K |
| Price per sq ft | $370 | $441 |
| Built year | 1979 | 1991 |
| HOA | $180.0 | $180 |
| Days on market | 167 | 61 |
Jun 11, 2026
$450,000
$475,000
-5% Price Drop
Initial Listing
May 22, 2026
$475,000
$499,000
-5% Price Drop
Initial Listing
Mar 26, 2026
$499,000
Initial Listing
Jul 13, 2020
$350,000
Public Record
May 29, 2015
$271,500
Public Record
May 24, 2013
$221,000
Public Record
Sep 30, 1999
$115,000
Public Record