4540 E Highway 41, Paso Robles, CA 93446

$2,499,000
7
BD
4
BA
4,380
SqFt
List Price
$2,499,000
Status
ACTIVE
MLS#
PI23231104
Year Built
1986
Bedrooms
7
Bathrooms
4
Living Sq. Ft
4,380
Lot Size
2,178,000
Acres
50
Lot Location
Agricultural, Horse Property, Lawn, Lot Over 40000 Sqft, Landscaped, Rectangular Lot, Rolling Slope, Ranch, Sprinkler System, Value In Land, Yard
Days on Market
53
Property Type
Single Family Residential
Style
Ranch
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of wine country. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled within this renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers modern comforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, Madison Cellars Vineyards is not only expansive but also meticulously cultivated. The vineyard covers 28 acres, all benefiting from precise 6x10 spacing, efficient drip irrigation, and either double or unilateral cordon training at 36 inches. The property is safeguarded by a deer fence, ensuring the protection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistently scoring between 89 and 93 points. The diverse plantings include 7 acres of Merlot, 6 acres of Cab, 1 acre each of Cab Franc and Petite Verdot, 9 acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. These vines are professionally managed with ZERO OWNER responsibilities and generate a passive income of $40,000 annually through vine production at $1,350 per acre. Additionally, the estate features a small winery building that could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility for future development or personalization. Madison Cellars Vineyards offers lucrative income opportunities, generating substantial income through a short-term vacation rental. The main residence serves as a short-term rental, boasting estimated earnings from $10,000 to $20,000 per month. Additionally, the 2-bedroom, 1-bath mobile home offers an additional revenue stream with rent at $900 per month. The estate is well-equipped with a robust irrigation system delivering over 500 gallons per minute consistently for two decades. To meet all operational needs, the property is serviced with both 3-phase and 2-phase power sources. This exceptional vineyard estate is not just a home but a luxurious lifestyle investment in one of California's most sought-after wine regions. Madison Cellars Vineyards invites discerning buyers to embrace the epitome of viticulture and the opportunity to own a piece of Paso Robles' wine legacy.

Additional Information

Other Buildings
Barn(s), Outbuilding, Storage, Workshop
Pool Description
None
Fireplace Description
Insert, Wood Burning Stove
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Hills, Vineyard
Patio
Rear Porch, Concrete, Covered, Deck, Front Porch, Open, Patio, Porch, Terrace
Garage Spaces Total
4
Sewer
Septic Tank
Water
Well
School District
Paso Robles Joint Unified
Interior Features
All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Wine Cellar, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Abel Contreras (abel@investslo.com) from Listing Office: Invest SLO.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.