This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/54
$2,900,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/54
Property Description
An extraordinary opportunity to own a fully established winery business and vineyard estate in one of Paso Robles' most coveted locations-just minutes from downtown yet immersed in sweeping vineyard views and serene countryside living. Set on 42± acres, this remarkable property includes the Penman Springs Vineyard brand, all inventory, and operational assets, offering a seamless transition for the next owner. Approximately 29± acres are planted to premium varietals, including but not limited to Cabernet Sauvignon, Petit Verdot, and Merlot, creating both immediate production potential and long-term value. At the heart of the estate is a 3,600± square-foot residence featuring 3 bedrooms, 2.5 bathrooms, an office, cellar room, and bonus room, thoughtfully designed to embrace both comfort and architectural distinction. The primary suite occupies the upper level, showcasing an open-concept layout with a private lounging area, walk-in closet, and ensuite bath. Vaulted ceilings, a fireplace in the living room, and walls of windows frame panoramic vineyard views from nearly every room. All guest bedrooms are located on the lower level, offering privacy and functionality.
A wrap-around deck invites you to relax and take in the sun-soaked vistas, while a three-car garage provides ample storage and convenience.
The property includes a tasting room, public restroom, temperature-controlled cased goods storage, and inviting paver patios designed for guest enjoyment and events. Supporting infrastructure includes four wells, two septic systems, and a detached 1,200± sf workshop/barn, offering versatility for agricultural or creative use. This rare offering is ideal for the vineyard enthusiast seeking to live and operate their own winery, or as an exceptional estate residence with the potential to lease out the vineyard and tasting room for additional income. This is a truly special Paso Robles estate where lifestyle, legacy, and opportunity converge.
Full Property Details
Full Property Details for 1985 Penman Springs
General
- Price: $2,900,000
- Status: Active
- Type: Agricultural Land
- Source: MRMLS
- MLS ID: NS26011354
- Updated: 4/17/2026
- Days on Market: 50 days
- Added to Site: 151 day(s) ago
Business
- Business Type: Agriculture
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: In Closet
Location
- County: San Luis Obispo
- Driving Directions: From Hwy 101 take Hwy 46 East to Union Rd. a few minutes past Barney Schwartz Park
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Propane, Electricity Connected
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 4834
- Square Feet: 4,834
- Office: 1,200 Sq. Ft.
- Year Built: 2002
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 42.12
- Useable Acres: 42.12
- Lot Size (Sq. Ft.): 1,834,747
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Agricultural - Vine/Vineyard
- Lot Description: Corner Lot, Agricultural (Vine/Orchard)
Financial Considerations
- Price Per Sq. Ft.: $599
Disclosures and Reports
- Inclusions: Brand Assets, Inventory, Real Estate
- Property ID: 20161008
Listed by Oaks to Ocean Real Estate, JessicaBaker and SummerRamos
Get Pre-Approved Today
Price & Sales History for 1985 Penman Springs
Date
Details
Price
Change
Source
12/02/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1985 Penman Springs
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,148
1%
$1,042,804
1%
2023
$11,076
—
$1,036,740
—
2023
$11,076
1%
$1,031,642
1%
2022
$10,994
2%
$1,021,518
2%
2021
$10,772
1%
$1,001,059
1%
2020
$10,660
1%
$990,640
2%
2019
$10,579
3%
$973,549
3%
2018
$10,238
5%
$943,791
3%
2017
$9,715
2%
$913,284
2%
2016
$9,484
4%
$896,587
1%
2015
$9,148
11%
$890,952
381%
2014
$8,249
2%
$185,044
4%
2013
$8,057
—
$178,437
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1985 Penman Springs
1985 Penman Springs, Paso Robles, CA 93446 (MLS# NS26011354) is a Agricultural Land property. 1985 Penman Springs is currently listed for $2,900,000 and was received on December 02, 2025. Want to learn more about 1985 Penman Springs? Do you have questions about finding other Agricultural Land real estate for sale in Paso Robles? You can browse all Paso Robles real estate or contact a Coldwell Banker agent to request more information.

