7568 Creston, Paso Robles, California 93446, Paso Robles, 93446 - 4 bed, 3 bath
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Paso Robles, California 93446
This Strong Value Opportunity is a unique Agricultural Asset listed at $1,895,000—positioned well below the $2,027,647 Fair Market Value by 6%. This valuation gap offers $132,647 in Instant Equity. Featuring an 8-Acre Syrah Vineyard and a 3,352 SF Spanish-style home, the property maintains a Fair Condition Rating with significant upside for cosmetic modernization. With dual-property inclusion and established vacation rental income, this is an ideal acquisition for Buy-and-Hold Investors or Vintners seeking immediate operational scale in the Paso Robles AVA.
Property is moderate renovation needed.
Built in 1991, the property is approximately 35 years old and retains most of its original finishes. While the home is well-maintained and currently functional as a vacation rental, the kitchen and bathrooms feature dated 1990s-era tile countertops and cabinetry. The age of the home and original systems, combined with the dated aesthetic, place it in the fair category as it requires cosmetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1007107, living area = 3352.
The sale uniquely includes two separate vineyard properties totaling over 18 acres of vines, providing significant agricultural scale and variety within the prestigious Paso Robles AVA.
Currently operating as a vacation rental with an established 8-acre Syrah vineyard, the property offers immediate revenue streams and business flexibility for the incoming owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1007107, other record lot size in square feet = 435600.
Managing two distinct vineyard locations under a Williamson Act contract requires significant agricultural expertise and ongoing regulatory compliance, which may be a hurdle for casual buyers.
Built in 1991, the home may require capital improvements or modern updates to its primary systems and finishes to align with contemporary luxury standards.
Beautiful Paso Robles Wine Country Home and Vineyard. This 3352 +/- SF Spanish Style home features large and open entertaining areas with hand hewn beam ceilings, four bedrooms, and three bathrooms. Outdoor spaces include a large private courtyard and a well-maintained backyard with lawn and fruit trees. The property also includes an 8 Acre Syrah vineyard and is currently operating as a vacation rental, offering immediate flexibility and income potential. Also included in the sale: 175 White Hawk Lane (Templeton), which is under the same Williamson Act contract. White Hawk Lane is a premium vineyard property located in the El Pomar District of the Paso Robles AVA, with 10.5 +/- acres planted in Tempranillo, Petite Sirah, Graciano, and Monastrell. See MLS#NS26116303 for more information and photos.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 3,352 | 1,790 | 95% |
| Lot Size | 1,007,107.188 | 8,562 | 98% |
| Price | $1.90M | $790.0K | 97% |
| Price per sq ft | $565 | $452 | 89% |
| Built year | 1991 | 1992 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 176 | 1% |
Jun 1, 2026
$1,895,000
Initial Listing
May 5, 2006
$1,610,000
Public Record
Jun 19, 1995
$280,000
Public Record