5010 Gate 4 Rd., Paso Robles, California 93446, Paso Robles, 93446 - 8 bed, 6 bath
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Paso Robles, California 93446
Analysis of 5010 Gate 4 Rd., Paso Robles, California 93446 is currently available with a list price of $33,000,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Property is move-in ready.
Although built in 1984, the property is a high-end estate that has been meticulously maintained and remains move-in ready. The main residence features a large, professional-grade kitchen with premium appliances and high-quality custom woodwork throughout. While some architectural styles and fixtures reflect a more traditional era, the overall quality of the materials, the pristine condition of the specialized equine facilities, and the functional state of the infrastructure align with the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31537440, living area = 6144.
The property includes 76 approved lots and existing infrastructure like 4.5 miles of paved roads and 3-phase power, offering a rare, large-scale opportunity for residential and commercial winery development.
With a total capacity of over 7,000 GPM from multiple wells and access to the Huero Huero creek, the estate provides a robust water supply essential for high-yield viticulture and large-scale operations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =31537440, other record lot size in square feet = 947865.
The scale and diverse nature of the property—combining a commercial vineyard, world-class equine facilities, and a 76-lot development—require significant capital and specialized management expertise.
Built in 1984, the main residence and specialized equine facilities may require substantial modernization or cosmetic updates to meet the expectations of contemporary ultra-luxury buyers or resort guests.
WORLD CLASS CENTRAL COAST DEVELOPMENT OPPORTUNITY WITH POSITIVE CASH FLOW. With 76 approved lots and huge water resources from the Huero Huero creek (see documents), the unique scale and quality of production at Windfall Farms along with existing building infrastructure presents an excellent opportunity for the development of a brand name winery production facility and resort style retail tasting room by the right buyer. The extraordinary opportunity to develop multiple residential parcels and vineyard estates with infrastructure in place or nearby makes this a very unique offering in the highly desirable Central Coast of California with huge upside potential. Windfall Farms currently operates as a cashflow positive premium wine grape vineyard business. The 387 acres of grapes (348 acres producing, 39 acres newly planted) are predominantly planted to dry red varietals that the Paso Robles AVA is known for and consistently produce high quality grapes. Windfall Farms was created as a first class Thoroughbred race horse facility with stunning Kentucky style equine facilities including a 6 1/2 furlong race track with room for a professional polo field in the middle surrounded by large paddocks. The beautiful owner's residence is finely built with six large bedrooms and baths, together with offices and conference rooms, large kitchen and dining/living area and a grand game/media room. There are several smaller homes on the property. The property has 4.5 miles of paved roads internally, accessing all of the primary buildings. Electric service within the property includes 480V 3-phase power to the shop and the operational wells throughout the property. There are a total of nine permitted septic systems on the Windfall property designed to serve the individual needs of each of the main buildings and incumbent housing. The property currently has four operating wells, and three drilled/bored/cased wells with a total capacity of over 7,000 Gallons Per Minute (GPM). A main water line connects all the wells together, with sub-mains servicing each of the vineyard blocks. Two of the operational wells are powered by electric and natural gas, although electric is at the wellhead. The depth of the Paso Robles formation varies over the basin and Windfall sits above a very deep depression.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 6,144 | 1,776 | 99% |
| Lot Size | 31,537,440 | 8,926 | 100% |
| Price | $33.00M | $780.0K | 100% |
| Price per sq ft | $5.4K | $456 | 100% |
| Built year | 1984 | 1990 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 328 | 176 | 95% |
May 29, 2025
$33,000,000
Initial Listing