
Paso Robles, California 93446
This Modernized Heritage Ranch Residence is a Prime Investment Opportunity, listed at $545,000—positioned well below the $564,888 Fair Market Value by 3%. This valuation gap provides $19,888 in Instant Equity. Boasting a Condition Rating of 3, the interior features teak hardwood floors, owned solar, and stainless appliances. Located in the Paso Robles Joint Unified district, the property offers sweeping creek and hill views with access to a private marina. This is an ideal match for Owner-Occupants or Lifestyle-Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5115 Bluebird Lane Subject | $545,000* List Price | 3 | 2 | 1,460 | $387 | - |
A 1948 Willowbrook Sold | $567,300 | 4 | 2 | 1,440 | $394 | 0.7 mi |
B 5101 Bluebird Lane Sold | $499,000 | 2 | 2 | 1,080 | $462 | 0.0 mi |
C 2003 Green Brook Sold | $490,000 | 3 | 2 | 1,283 | $382 | 0.6 mi |
D 5026 Meadow Lark Active | $695,000 List Price | 3 | 3 | 1,536 | $452 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained with several key updates. It features high-quality teak hardwood flooring, newer stainless steel appliances, and owned solar panels. While the home was built in 1980 and the kitchen cabinetry reflects an older style, the overall aesthetic is refreshed with modern paint, vaulted ceilings, and clean finishes, fitting the criteria for a well-maintained home with partial updates.
Located within the gated Heritage Ranch, the property offers access to a private marina, lake access, pools, tennis and pickleball courts, and equestrian facilities, providing a resort-like lifestyle.
The home features owned solar panels to minimize utility costs, along with high-quality teak hardwood floors and newer stainless steel appliances that enhance both value and aesthetic appeal.
Positioned on a quiet cul-de-sac against a backdrop of open space, the property provides exceptional privacy and sweeping views of oak-studded hills and local wildlife.
With 1,460 square feet for a three-bedroom configuration, the living spaces may feel somewhat confined for buyers seeking a more expansive floor plan.
The upstairs bedroom and loft are open to the floor below, which can lead to noise transfer and a lack of privacy between the different levels of the home.
Set against a backdrop of open space, this Heritage Ranch home captures sweeping views of rolling, oak-studded hills and local wildlife, offering a sense of privacy and connection to nature that’s hard to find. Tucked away on a quiet cul-de-sac, this 3-bedroom, 2-bath home features an inviting open floor plan with vaulted ceilings, teak hardwood floors, and a spacious living area centered around a cozy wood-burning fireplace. The kitchen and dining area flow seamlessly together with a breakfast bar and newer stainless steel appliances. The main-level primary suite offers both convenience and comfort, complete with an en-suite bathroom and sliding glass door access to the outdoor deck. Upstairs, an additional bedroom and versatile loft open to below, providing flexible space for a home office, guest accommodations, game room, or second living area. Step outside to the covered deck and enjoy a drink at the bar top while taking in peaceful creek views and the natural beauty that surrounds the property. The fenced, low-maintenance yard further enhances the ease of living, featuring a patio for entertaining, olive trees, and a raised garden bed with a drip system. Additional features include a garage, carport, and owned SOLAR to reduce energy costs. Located within the gated community of Heritage Ranch, residents enjoy access to a wide range of amenities, including pools, tennis and pickleball courts, scenic trails, a dog park, equestrian facilities, and a private marina with lake access.
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 | 1,460 | 1,774 | 28% |
| Lot Size | 5,200 | 8,750 | 11% |
| Price | $545.0K | $780.0K | 11% |
| Price per sq ft | $373 | $452 | 16% |
| Built year | 1980 | 1990 | 23% |
| HOA | $180.0 | $0 | 77% |
| Days on market | 0 | 175 | 0% |
Apr 10, 2026
$545,000
Initial Listing
Nov 4, 2020
$460,000
Public Record
Mar 26, 2014
$260,000
Public Record
Jul 2, 2010
$187,000
Public Record
Mar 26, 1999
$125,000
Public Record
May 1, 1995
$87,000
Public Record