6004 Merlot Lane, Paso Robles, California 93446, Paso Robles, 93446 - 4 bed, 3 bath
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6004 Merlot Lane
Paso Robles, California 93446
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,242Sq Ft
109,335.602Lot Size
Property Price
LIST PRICE$829,000
EST. MARKET VALUE
$845,642
SUMMARY
This Spacious Country Estate represents a Strong Value Opportunity, listed at $829,000—positioned well below the $845,643 Fair Market Value by 2%. This valuation gap offers $16,643 in Instant Equity for the buyer. Featuring a Fair Condition Rating with original finishes, the property offers significant potential for cosmetic modernization. With 2.51 Usable Acres, Equestrian Amenities, and Panoramic Vineyard Views, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a rural lifestyle with immediate value-add potential.
Estimated Market Value
$845,642
Based on Realkey algorithm analyzing recent comparable sales in Paso Robles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6004 Merlot Lane Subject | $829,000* List Price | 4 | 3 | 2,242 | $377 | - |
A 4655 Deer Creek Sold | $830,000 | 4 | 3 | 2,094 | $396 | 0.9 mi |
B 4170 Whispering Oak Sold | $710,000 | 3 | 2 | 1,728 | $411 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999, the property is approximately 25 years old, placing it in the 'Fair' category. While the home appears well-maintained with functional oak cabinetry and vaulted ceilings, the interior finishes and systems are dated and likely original, fitting the criteria for a home over 20 years old needing minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 109335, living area = 2242.
- Usable Equestrian Acreage
The property features 2.51 fully usable acres already improved with horse paddocks and fencing, offering a turnkey solution for buyers seeking a rural lifestyle with animals.
- Versatile Bonus Space
An attached bonus room with a private entrance provides exceptional flexibility, serving as a potential home office, studio, or workshop separate from the main living areas.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
Built in 1999 with original oak cabinetry, the interior may require cosmetic modernization to appeal to buyers looking for contemporary design trends.
- Extensive Exterior Maintenance
The 2.5-acre lot with multiple storage units and equestrian fencing requires significant ongoing labor and expense for land management and upkeep.
About 6004 Merlot Lane
Country Home on 2.51 Usable Acres - Set at the end of a quiet, private country lane, this spacious 4-bedroom, 2-bath home offers the perfect blend of country living and convenience, just a short drive from town. Situated on 2.51 fully usable acres, the property is thoughtfully improved with horse paddocks, fencing, and multiple storage units—providing plenty of room for animals, hobbies, equipment, and more. Inside, the home features a comfortable, easy-flow floor plan with vaulted ceilings, a cozy corner fireplace, and oak hardwood cabinetry that adds warmth and character throughout. A 2-car garage provides ample parking and storage; an attached bonus/storage room with its own private entrance offers flexibility for a three-car garage or for a home office, workshop, studio, or other needs. With usable acreage, equestrian amenities, privacy, and convenient access to town, this property offers a wonderful opportunity to enjoy the best of country living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 109,335.602 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,242 | 1,817.9 |
| Lot Size | 109,335.602 | 8,820.05 |
| Price | $829.0K | $812.0K |
| Price per sq ft | $370 | $441 |
| Built year | 1999 | 1991 |
| HOA | $0 | $180 |
| Days on market | 9 | 61 |
Pricing History
Listed for Sale
Aug 31, 2026
$829,000
Initial Listing