649 Olive St, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 2 bath

649 Olive St, Paso Robles, California 93446 home-pic-0

649 Olive St

Paso Robles, California 93446

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,300Sq Ft
7,000Lot Size

Property Price

LIST PRICE$649,001
EST. MARKET VALUE
$649,001

SUMMARY

Analysis of 649 Olive St, Paso Robles, California 93446 reveals a Fairly Priced Property with a current list price of $649,001  aligned with the estimated $649,001 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.

Estimated Market Value

$649,001
Based on Realkey algorithm analyzing recent comparable sales in Paso Robles.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1985, the home is well-maintained but shows significant signs of age with mostly original features. The kitchen contains dated tile countertops and older white appliances, while the flooring and fixtures reflect the construction era rather than modern standards. It is functional and move-in ready but requires cosmetic updates throughout.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime West-Side Location

    Situated in the highly sought-after west side of Paso Robles, the property is within walking distance to downtown Square Park, offering easy access to premium dining, boutique shopping, and local wine tasting rooms.

  • Unique Wine Country Character

    The home features distinctive amenities including a subterranean wine cellar and decks lined with fruit-bearing grapevines, perfectly capturing the lifestyle of the surrounding world-class wine region.

  • Versatile Investment Potential

    With its proximity to the Mid-State Fair and Vina Robles Amphitheater, combined with a top-rated school district, the property is ideally positioned as either a primary residence or a high-demand vacation rental.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1358. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.

  • Hillside Topography

    The hillside setting and multi-level deck access may present accessibility challenges for some buyers and requires navigating stairs to utilize the full extent of the outdoor living space.

  • Compact Interior Square Footage

    At 1,300 square feet for a three-bedroom layout, the interior living spaces may feel relatively modest for larger families or those accustomed to more expansive modern floor plans.

About 649 Olive St

About 30 minutes from the beautifully serene Central Pacific Coast beaches, Paso Robles is located in scenic North County of San Luis Obispo- away from the big-city hustle and bustle- offering all the desired amenities without losing its small-town charm. This attractive west-side home has a unique character all its own. Set on a gentle hillside, it offers added privacy from neighbors and an extraordinary viewpoint. Both the front and back decks are lined with fruit-bearing grapevines. The low-maintenance backyard features a pathway leading to an upper hillside deck, which overlooks the oak trees and the friendly neighborhood. This home is perfect as a cozy family residence (with a sought-after school district), a local rental, or a vacation rental for the many tourists visiting the famous wine country, Mid-State Fair, and local international festivals, concerts at the beautiful Vina Robles Amphitheater, mineral spas, and more. There is a deck swing, ample storage- including a subterranean area that makes an excellent WINE CELLAR, and other unique features. A short walk brings you to the downtown Square Park, which hosts a variety of events, a children's play area, a museum, a library, and the popular free summer concert series. A variety of local shops, wine and beer tasting rooms, and highly rated restaurants- including the historic Paso Robles Inn- surround the downtown square. Call for your private showing!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1985
Lot Size
7,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3001,780.5
21%
Lot Size7,0009,541.5
37%
Price$649.0K$775.0K
24%
Price per sq ft$499$440
70%
Built year19851990
30%
HOA$0$0
50%
Days on market298186
94%

Pricing History

Listed for Sale

Feb 26, 2026

$649,001

Initial Listing

Price Change

May 13, 2025

$765,432

Initial Listing

Sold

Mar 30, 2011

$275,000

Public Record

Sold

Oct 31, 2002

$257,000

Public Record

Sold

Mar 18, 1994

$80,000

Public Record

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