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Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of winecountry. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled withinthis renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers moderncomforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, MadisonCellars Vineyards is not only expansive but also meticulously cultivated. The vineyard covers 28 acres, all benefiting from precise 6x10 spacing,efficient drip irrigation, and either double or unilateral cordon training at 36 inches. The property is safeguarded by a deer fence, ensuring theprotection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistentlyscoring 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, 9acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. These vines are professionally managed with ZERO OWNER responsibilities andgenerate a passive income of $40,000 annually through vine production at $1,350 per acre. Additionally, the estate features a small winery buildingthat could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility forfuture 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 Type(s):
Single Family
| Last Updated | 10/10/2024 | Year Built | 1986 |
|---|---|---|---|
| Community | PR North 46-East 101 | Garage Spaces | 4.0 |
| County | San Luis Obispo |
SCHOOLS
| School District | Paso Robles Joint Unified |
|---|
Price History
| Prior to Jun 24, '24 | $2,499,000 |
|---|---|
| Jun 24, '24 - Sep 16, '24 | $2,249,000 |
| Sep 16, '24 - Today | $1,990,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | PR North 46-East 101 |
| BARN/EQUESTRIAN | Yes |
| FIREPLACE | Yes |
| GARAGE | Asphalt, Covered, Driveway, Garage, Garage Faces Side, Gated, Guest, On Site, Paved, RV Access/Parking, RV Hook-Ups, RV Potential, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Walk-In Closet(s), Wine Cellar |
| LOT | 50 acre(s) |
| LOT DESCRIPTION | Agricultural, Horse Property, Landscaped, Lawn, Lot Over 40000 Sqft, Ranch, Rectangular Lot, Rolling Slope, Sprinkler System, Value In Land, Yard |
| PARKING | Asphalt,Covered,Driveway,Garage,Guest,Gated,On Site,Paved,RV Hook-Ups,RV Potential,RV Access/Parking,Garage Faces Side |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills,Vineyard |
| WATER | Well |
| ZONING | AG |
Location
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Listed with Invest SLO
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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