1340 Penman Springs Road 1340 Penman Springs Road Paso Robles, California 93446 United States

Fallen Oaks Ranch A Rare Paso Robles Gem with Endless Potential! Just 10 minutes from downtown Paso Robles, Fallen Oaks Ranch is a breathtaking Legacy estate that offers the best of wine country living, agribusiness opportunities, and income-producing potential. Whether you re looking for a premier cattle ranch, a thriving Airbnb investment, or a future vineyard, this property has it all! Exceptional Features: Ranch, Winery & Event Venue. A fully operational cattle ranch with rental income, plus a winery featuring a minor use permit for events, making it an incredible investment opportunity. Prime Water Resources: Five active wells (3 on 1125 Penman Springs, 1 on 1340 Penman Springs & 1 on 3980 Linne), including an agricultural well producing over 350 gallons per minute, ensuring ample water for livestock, crops, or vineyards. Luxury Homes & Guest Accommodations: 4 gorgeous homes. A 4,000 sq. ft. main home (partially remodeled) with stunning hilltop views. A 2,000 sq. ft. guest house offering some of the best views in Paso Robles perfect for personal use or short-term rental. A brand-new 4-bedroom, 4-bathroom estate (built in 2023) that s already booked 65% of weekends, generating significant rental income. Agricultural & Viticulture Opportunities: With irrigated pastures and approved vineyard conversion, you can plant 42 acres of vines, adding even more value to this incredible property. Modern Infrastructure: All homes feature new septic systems, and a powerful generator that keeps irrigation running smoothly. There are 3 APN's for this property: 015-053-038, 020-271-008 & 020-161-004.A Legacy Property with Limitless Possibilities. With commanding sunrise and sunset views, multiple revenue streams, and future residential development potential, Fallen Oaks Ranch is more than just a property it s a dream investment in one of California s most desirable wine regions. This is your chance to own a turnkey, income-producing estate with huge upside potential in Paso Robles. Don t miss out on this once-in-a-lifetime opportunity!

Listing Courtesy of Coldwell Banker Res. Brokerage, Email/Phone : 949-702-0267