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$7,990,000
69 Days On Site

5165 Estrella Road
Paso Robles, CA 93446

For Sale|Agriculture|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
9,184
SqFt
$870
/SqFt
1949
Built
County:
San Luis Obispo
Listed by Erik Berg-Johansen of Richardson Sotheby's International Realty [email protected]

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714-883-2943
5165 Estrella Road5165 Estrella Road5165 Estrella Road5165 Estrella Road
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Welcome to the extraordinary Estrella Ranch Headquarters in Paso Robles, CA. The property’s primary investment opportunity is the presence of one of California’s largest outdoor cannabis grow operations. Considering the capital, time and energy needed to establish an operation of this scale, the ranch offers a once if a lifetime opportunity. There is also a potential to expand the growing operation to an area greater than the current 3 acres. In addition to commercial farming opportunities, the property has all of the elements to support a Cannabis Tourism business model. Similar to wine tourism, this is a rapidly growing business sector, and very few properties have the infrastructure to support such an endeavor. The luxury home and guest house are the centerpiece of the historic Estrella Ranch Headquarters. The custom single-level primary residence spans over 4,900 SF, with 3 bedrooms, 5 bathrooms, and wide-open living spaces. Parkay wood flooring and tile provide warmth, and the industrial chef’s kitchen is a dream for entertainment and events. Soaring ceilings with exposed wood beams, large windows, and artistic fireplaces make the property a one-of-a-kind architectural marvel. The nearby 1,360 SF guest home is comprised of two large bedrooms, three bathrooms, and a functional kitchen. Both homes enjoy amazing views of the impressive in-ground pool and nearby hillsides. The pool area, complete with separate spa and shade structure, is adjacent to an outdoor kitchen and expansive grass yard area. In addition to the main home and guest home, the ranch features an assortment of additional residential and office buildings. The homes are perfect for guests, family, and employees. The 2,530 SF office building is located close to the equestrian facilities and includes a reception area and three private offices. The property features 25 high quality horse stalls and breeding pens spread across two large barns. Surrounding these facilities are multiple paddocks, pastures and irrigated farmland to support horses, cattle, and vineyards. The cherry on top is an incredible 20,000 SF covered arena providing protection from the elements, along with a potential for picturesque trail riding throughout the property. The property is perfectly situated for vacation rentals, and medium to large events such as weddings and retreats. A buyer could potentially acquire necessary permits and capitalize on this opportunity.

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Listing Snapshot
Price 
$7,990,000
Days On Site 
69 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,184 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
256.57 Acres
Year Built 
1949
MLS® Number 
SC24210489
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active Under Contract
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
256.57
Number Of Stories 
1
Property Sub Type 
Agriculture
Special Circumstances 
Notice Of Default
SqFt Total 
9184
Utilities 
Electricity Connected
Water Source 
PrivateWell
Zoning 
Agriculture
Interior Features
Cooling 
Central Air
Heating 
CentralForced Air
Laundry Features 
Inside
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Exterior Features
Lot Features 
Agricultural
Roof 
OtherTile
Community Features
Horse Allowed 
Yes
MLS Area 
PRNE - PR North 46-East 101


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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