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1340 Penman Springs Road Paso Robles, CA 93446
$9,999,000 0 beds, 0 baths
0 sqft
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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, 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. 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!

Listing Details

Property type: Special Purpose (Commercial)
Status: Active
MLS# OC25021110
List price is $9,999,000 Reduced by $3,251,000 on 3/26/2025
Beds: 0
Baths: 0
Built in 1947
149.14 acres
Lot size: 149.1400
County: San Luis Obispo
Appliances: Dryer,Washer
Lot description: Horse Property,Ranch
Heating description: Propane
MLS area: PSOR - Paso Robles

Last Updated: 5/20/2025

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This listing belongs to the PSOR - Paso Robles MLS area

Lat/Long: 35.620381, -120.614596.
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Listing Agent: Stacie Hatfield
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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