7550 Rancho Verano, Paso Robles, California 93446, Paso Robles, 93446 - 4 bed, 3 bath
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Paso Robles, California 93446
This property presents a High-Potential Investment Opportunity with a List Price of $1,375,000—positioned well above the $1,112,335 Fair Market Value by 23%. Featuring a Condition Rating of 5, the home requires a full interior rehabilitation to reach modern standards. The expansive 10-acre lot and panoramic mountain views provide a unique canvas for value-add renovations. Given the significant scope of work required, this asset is best suited for Buy-and-Hold Investors or experienced contractors capable of executing a comprehensive property repositioning strategy.
Property is extensive renovation needed.
Built in 1990 (34 years old), the property is significantly dated and currently in a state of partial deconstruction. While the kitchen is functional but original, multiple interior rooms are missing flooring with exposed subfloors and unfinished walls, necessitating a full rehab to reach livable standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 581090, living area = 2876.
The property features 10 acres of usable land in the rolling hills, offering immense potential for a private vineyard, equestrian facilities, or a hobby farm in a prime wine country location.
Positioned atop a scenic ridge, the home captures breathtaking, unobstructed views of the Paso Robles landscape and mountains from nearly every room, ensuring privacy and tranquility.
Built in 1990, the home retains original features such as tile countertops and older cabinetry, which may require a capital investment for modernization to meet current luxury market expectations.
Managing 10 acres of rural terrain and mature vegetation involves significant ongoing costs and labor for landscaping, fire brush clearance, and general property upkeep.
Set atop 10 scenic acres in the rolling hills of Paso Robles, 7550 Rancho Verano Place offers a rare blend of privacy, space, and Central Coast charm. This 4-bedroom, 3-bathroom home spans approximately 2,800± sq ft and captures sweeping countryside views from nearly every angle. The residence features a spacious, open layout with abundant natural light and timeless character throughout. The kitchen is warm and inviting, complete with solid wood cabinetry, tile countertops, a center island, and direct access to the surrounding grounds—ideal for indoor-outdoor living. Rustic touches like terra cotta tile floors, wood trim, and custom built-ins add to the home’s distinctive appeal. The primary suite and additional bedrooms provide comfortable accommodations for family or guests, while multiple living areas offer flexibility for entertaining, relaxing, or working from home. An added bonus is the additional living space above the garage—perfect for a guest suite, home office, studio, or potential rental opportunity. Outside, the expansive acreage presents endless possibilities—whether you envision a vineyard, equestrian setup, hobby farm, or simply a peaceful retreat. Mature trees, usable land, and panoramic vistas create a truly special setting just minutes from Paso Robles’ renowned wineries, dining, and downtown amenities. If you’re looking for space, views, and opportunity in the heart of wine country, this property is not to be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,876 | 1,820 | 90% |
| Lot Size | 581,090 | 8,420.5 | 96% |
| Price | $1.38M | $799.0K | 94% |
| Price per sq ft | $478 | $450 | 62% |
| Built year | 1990 | 1992 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 156 | 4% |
May 7, 2026
$1,375,000
Initial Listing
Jul 23, 1999
$325,000
Public Record
Jun 2, 1999
$45,000
Public Record