
Paso Robles, California 93446
This Unique Waterfront Retreat is a Strong Value Opportunity, listed at $799,900—positioned well below the $831,586 Fair Market Value by 3%. This valuation gap provides $31,686 in Instant Equity. Boasting a Well-Maintained Condition Rating, the home features a rustic lodge interior with vaulted ceilings, stone-tile flooring, and a classic rock fireplace. The expansive 9.6-acre lot includes a detached bunkhouse, steel boat garage, and exclusive Lake Nacimiento boat slip access within the Paso Robles Joint Unified district. This property is a premier choice for Luxury Lifestyle Seekers or Vacation Home Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5765 Dago Lane Subject | $799,900* List Price | 1 | 2 | 1,608 | $497 | - |
A 7190 Tres Vista Road Sold | $930,000 | 2 | 2 | 1,768 | $526 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this property is move-in ready and appears exceptionally well-maintained. The interior features high-quality materials consistent with a luxury rustic lodge, including stone-tile flooring, vaulted ceilings, and a classic rock fireplace. While the home is approximately 20 years old, the finishes and fixtures show minimal wear and tear, and the property includes functional upgrades like a detached bunkhouse and a large steel garage, meeting the criteria for a well-maintained home within its age bracket.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 418176, living area = 1608.
This property boasts rare creek-frontage on Lake Nacimiento and includes the exclusive opportunity to acquire a private boat slip membership, making it a premier choice for water enthusiasts.
Beyond the main residence, the estate features a detached bunkhouse with a full bath, a large steel garage for boat storage, and dedicated RV parking, providing exceptional utility for guests and gear.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =418176, other record lot size in square feet = 419482.
With only one formal bedroom in the main house, the property may face challenges with traditional appraisal valuations and could deter buyers seeking a standard multi-bedroom layout.
The property features a shared driveway and the boat slip is treated as personal property outside of escrow, which may complicate the purchasing process and long-term privacy expectations.
Experience the privacy, character, and natural beauty of this furnished retreat fronting the Towne Creek branch of Lake Nacimiento. The 1 bedroom, 1 bath home features an open floor plan with a warm, lodge-like interior. Vaulted ceilings, stone-tile flooring, a spacious loft and a classic rock fireplace complete the classic rustic feeling. A spiral staircase leads to the loft overlooking the living room with room for several, while the bonus room tucked beneath the main floor and accessed via the lower deck provides additional options for sleeping, yoga or hobbies Surrounded by beautiful oak trees and dramatic rock outcroppings along the hillside, the property offers a peaceful nature-rich setting as emphasized by the trees growing through the decks and shading the home. A detached bunkhouse with its own bath sits on the lower driveway level, conveniently adjacent to the parking area with its accommodations for RVs. After entering the gated property (driveway is shared), you pass the steel garage building with room for boats, vehicles & additional recreational gear. With its creek-front location, rustic charm and a variety of spaces for enjoying the outdoors this privately sited property is a unique opportunity within the gated Running Deer Ranch community. And, best of all, a purchaser can obtain membership in the Dragon Dock LLC with slip #2 for your exclusive use! This is perso0nal property of one of the owners and will be handled separately and outside of escrow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,608 | 1,825.5 |
| Lot Size | 418,176 | 7,383.5 |
| Price | $799.9K | $795.9K |
| Price per sq ft | $497 | $449 |
| Built year | 2004 | 1987 |
| HOA | $700.0 | $180 |
| Days on market | 117 | 60 |
Mar 27, 2026
$799,900
Initial Listing
Jan 28, 2021
$374,500
Public Record
Mar 4, 2016
$600,000
Public Record
May 16, 2001
$110,000
Public Record
Sep 14, 1995
$85,000
Public Record