$1,000,000
$699,000
43.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,524 SqFt
SOLD DATE : 08/30/2021
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,524 sqft
Price per Sqft $396
Subdivision Pr Dry Creek(270)
MLS Listing ID PI21143319
Sold Date 08/30/21
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1980
Lot Size 2.010 Acres
Property Description
DO NOT DISTURB OCCUPANTS Welcome to the Olio - An exceptional vineyard property on two acres in Paso Robles’ core AVA (American Viticulture Area), the Geneseo District. The Olio underwent an architect-led complete interior and exterior renovation from its original 1980s splendor to a serene country retreat with its own commercial producing vineyard with mature Zinfandel grapes that was expanded three years ago. This four-bedroom, four-bathroom 2524 sq ft. home features two master suites and each with its own dedicated bathroom. The bright and spacious open concept experience features Italian porcelain in all common areas, a completely renovated kitchen anchored with 100-year-old reclaimed wood shelving, chef-inspired upgraded appliances, a large cooking-island with seating and embossed Italian tile backsplash and indoor laundry. The main suite overlooks the private vineyard, and the second suite is just steps away from the shaded and aromatic backyard showcasing over 100 California-native plants chosen to minimize water usage. An enhanced native swale and custom drainage system with dedicated irrigation lead to the vineyard and outdoor congregational areas including the 60-ft bocce court, two outdoor dining spots and a round outdoor viewing patio next to the vineyard. The front yard offers open space with a large outdoor fireplace and seating area to view the neighboring 50+ acres of vineyard across from the entrance of The Olio. Along with the significant internal and external renovation, the property also offers a new leach field, 5000 gallon well holding tank, new well pump and booster pump. The vineyard features mature Zinfandel plants and was expanded to double its production in 2017 with grapes currently being farmed/managed and harvested by one of Paso Robles’ older vineyards. The Olio has generated significant revenue since its initial inception and financials are available on request for qualified buyers. Interested parties interested in continuing its use as a vacation rental and/or vineyard could assume all branding, 3rd party rental management support and furniture with additional cost consideration Vineyard management services and a guaranteed grape purchasing contract is also available.
Location
State CA
County San Luis Obispo
Area Prse - Pr South 46-East 101
Zoning AG
Rooms
Main Level Bedrooms 4
Interior
Interior Features Bedroom on Main Level, Main Level Master, Multiple Master Suites
Heating Forced Air
Cooling Central Air
Fireplaces Type See Remarks
Fireplace Yes
Appliance Dishwasher, Microwave
Laundry Inside
Exterior
Garage Driveway, Other
Pool None
Community Features Rural
View Y/N Yes
View Hills, Vineyard
Roof Type Shingle
Porch Patio
Parking Type Driveway, Other
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Well
Level or Stories One
New Construction No
Schools
School District Paso Robles Joint Unified
Others
Senior Community No
Tax ID 015201040
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Jana Baldwin • Central Coast Real Estate