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!
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!
Property Details
Price:
$9,999,000
MLS #:
OC25021110
Status:
Active
Baths:
0
Address:
1340 Penman Springs Road
Type:
Commercial
Subtype:
Specialty
Neighborhood:
psorpasorobles
City:
Paso Robles
Listed Date:
Jan 28, 2025
State:
CA
ZIP:
93446
Year Built:
1947
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnnMortgage Calculator
Schools
Interior
Heating
Propane
Exterior
Stories Total
1
Water Source
Agricultural Well, Well
Financial
Map
Community
- Address1340 Penman Springs Road Paso Robles CA
- AreaPSOR – Paso Robles
- CityPaso Robles
- CountySan Luis Obispo
- Zip Code93446
Similar Listings Nearby

1340 Penman Springs Road
Paso Robles, CA
LIGHTBOX-IMAGES