
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 | $499,000* List Price | 3 | 2 | 1,216 | $427 | - |
A 4913 Sparrow Hawk Lane Sold | $585,000 | 3 | 2 | 1,189 | $492 | 0.3 mi |
B 2003 Green Brook Sold | $490,000 | 3 | 2 | 1,283 | $382 | 0.1 mi |
C 5101 Bluebird Lane Sold | $499,000 | 2 | 2 | 1,080 | $462 | 0.6 mi |
D 5007 Meadow Lark Lane Sold | $545,000 | 2 | 2 | 1,524 | $358 | 0.4 mi |
E 4987 Pretty Doe Active | $579,000 List Price | 3 | 2 | 1,259 | $460 | 0.3 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.
Introducing “The Nacimiento Retreat,” a welcoming escape in the sought-after Heritage Ranch community, just minutes from Lake Nacimiento and surrounded by endless opportunities for outdoor recreation. Offering 3 bedrooms, 2 bathrooms, and 1,216± sq ft, this home blends comfort, functionality, and a relaxed lifestyle setting. Entry from the left side of the home leads upstairs to the main living area, where an open-concept layout creates an easy, natural flow for both everyday living and entertaining. The living room is warm and inviting, featuring a wood pellet fireplace, ceiling fan, and vinyl flooring, with dual sliding glass doors that open to a private balcony—perfect for enjoying the fresh air and peaceful surroundings. The space transitions seamlessly into the kitchen, complete with stainless steel appliances, a center island ideal for gathering, abundant cabinetry and shelving, and a spacious walk-in pantry. The primary suite serves as a comfortable retreat, complete with a walk-in closet, ceiling fan, and a private en-suite bathroom featuring a shower/tub combo and single vanity. Two additional bedrooms offer versatile space for guests, a home office, or hobbies, and are conveniently served by a second full bathroom with a shower/tub combo and single vanity. Step outside to a back deck that leads down to the backyard, creating additional space to relax, entertain, or take in the natural surroundings. The property also includes leased solar panels and a covered portion of the driveway for added convenience. As part of Heritage Ranch, residents enjoy access to a wealth of amenities, including a pool and spa, pickleball and tennis courts, paddle tennis, sport courts, a recreation room, and playgrounds. The community also offers access to Lake Nacimiento for fishing and water recreation, along with miles of scenic hiking, biking, and horse trails. Additional highlights include parks, picnic and barbecue areas, a dog park, equestrian facilities with stables, storage options, and a guarded entrance—truly combining the perfect blend of comfort, convenience, and outdoor adventure.
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 | 1,216 | 1,775 | 17% |
| Lot Size | 4,500 | 8,724 | 9% |
| Price | $499.0K | $780.0K | 7% |
| Price per sq ft | $410 | $454 | 33% |
| Built year | 1979 | 1991 | 19% |
| HOA | $180.0 | $0 | 77% |
| Days on market | 27 | 175 | 1% |
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