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.
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.
Property Details
Price:
$2,900,000
MLS #:
NS26011389
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
prseprsouth46east101
Listed Date:
Mar 23, 2026
Finished Sq Ft:
3,634
Lot Size:
1,834,747 sqft / 42.12 acres (approx)
Year Built:
2002
See this Listing
Schools
School District:
Paso Robles Joint Unified
Interior
Appliances
DW, RF, GR, WHU
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Heating
CF
Interior Features
BI, OFP, PTRY, BL
Laundry Features
ICL
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
1
Exterior
Common Walls
NCW
Community Features
RUR
Garage Spaces
3
Other Structures
SHP, OB
Parking Spots
3
Parking Total
3
Patio And Porch Features
DK, PO, WA
Spa Features
NO
View
HI, PA, VIN
Financial
Map
Community
- Address1985 Penman Springs Paso Robles CA
- CityPaso Robles
- CountySan Luis Obispo
- Zip Code93446
Subdivisions in Paso Robles
Market Summary
Current real estate data for Single Family in Paso Robles as of Apr 05, 2026
200
Single Family Listed
74
Avg DOM
483
Avg $ / SqFt
$925,125
Avg List Price
Property Summary
- 1985 Penman Springs Paso Robles CA is a Single Family for sale in Paso Robles, CA, 93446. It is listed for $2,900,000 and features 3 beds, 3 baths, and has approximately 3,634 square feet of living space, and was originally constructed in 2002. The current price per square foot is $798. The average price per square foot for Single Family listings in Paso Robles is $483. The average listing price for Single Family in Paso Robles is $925,125.
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