4540 E Highway 41 Paso Robles CA 93446 MLS #PI23231104

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 6×10 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.

Property Details

Price:
$2,499,000
MLS #:
PI23231104
Status:
Active
Beds:
7
Baths:
4
Address:
4540 E Highway 41
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
prneprnorth46east101
City:
Paso Robles
Listed Date:
Oct 10, 2023
State:
CA
Finished Sq Ft:
4,380
ZIP:
93446
Lot Size:
2,178,000 sqft / 50.00 acres (approx)
Year Built:
1986

Schools

Interior

Cooling
Central Air
Fireplace Features
Wood Stove Insert
Heating
Central
Window Features
Double Pane Windows, E N E R G Y S T A R Qualified Windows

Exterior

Community Features
Horse Trails, Suburban
Fencing
Chain Link, Excellent Condition, Wire
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
Agricultural, Agricultural – Vine/ Vineyard, Horse Property, Horse Property Unimproved, Landscaped, Lawn, Lot Over 40000 Sqft, Rectangular Lot, Ranch, Rolling Slope, Sprinkler System, Value In Land, Yard
Parking Features
Covered, Driveway, Asphalt, Paved, Garage, Garage Faces Side, Gated, Guest, On Site, R V Access/ Parking, R V Hook- Ups, R V Potential
Parking Spots
24.00
Pool Features
None
Sewer
Conventional Septic
Spa Features
Above Ground
Stories Total
1
View
Hills, Vineyard
Water Source
Well

Financial

Association Fee
0.00
Buyer Agent Compensation
2.000

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

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 JoAnn
4540 E Highway 41
Paso Robles, CA