Sold for $5,850,000 on 01/30/25
Listing Provided by:
Chris Richardson DRE #01200458 805-801-9091,
Richardson Sotheby's International Realty,
Kristen Gentry DRE #01968754 805-781-6040,
Richardson Sotheby's International Realty
Bought with: Richardson Sotheby's International Realty
$5,850,000
500 Spanish Springs Dr, San Luis Obispo, CA 93401
3beds
1,672sqft
Single Family Residence
Built in 1982
218 Acres Lot
$5,940,600 Zestimate®
$3,499/sqft
$4,787 Estimated rent
Owner options
What's special
Discover the epitome of opportunity at 500 Spanish Springs Drive, a captivating coastal vineyard property located less than three miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams.
Nestled within the esteemed SLO Coast AVA, Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Immerse yourself in the art of winemaking while relishing the temperate Central Coast climate that defines the region's viticultural excellence.
Just minutes from the shores of Pismo Beach and a short drive to downtown San Luis Obispo, this location seamlessly blends serenity with accessibility. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport.
The potential* of 500 Spanish Springs Drive is as limitless as your imagination. Expand the vineyards, craft a tasting room, or build the estate you've always envisioned. The canvas extends beyond viticulture – explore opportunities for retail, hospitality, or a winery.
Situated adjacent to ANZA Vineyard Estates, this property shares borders with multi-million-dollar homes set within this prestigious community, reflecting the area's growing appeal and investment potential.
Seize the opportunity to claim this extraordinary property and write the next chapter of its story.
*Note: All development opportunities are subject to required entitlements and approvals by the County of San Luis Obispo. Seller and brokers make no guarantee of what can be constructed on the property.*
Zillow last checked: 8 hours ago
Listing updated: January 30, 2025 at 06:15pm
Listing Provided by:
Chris Richardson DRE #01200458 805-801-9091,
Richardson Sotheby's International Realty,
Kristen Gentry DRE #01968754 805-781-6040,
Richardson Sotheby's International Realty
Bought with:
Charlie Richardson, DRE #00416661
Richardson Sotheby's International Realty
Source: CRMLS,MLS#: PI24027960
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,672 sqft
Property
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Spa features: None
- Fencing: Barbed Wire
- Has view: Yes
- View description: Hills, Mountain(s), Panoramic, Vineyard
Lot
- Size: 218 Acres
- Features: Agricultural, Gentle Sloping, Sprinkler System
Details
- Additional parcels included: 079281027
- Parcel number: 079281042
- Zoning: RL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Agricultural Well, See Remarks, Shared Well, Well
Community & neighborhood
Community
- Community features: Hiking, Mountainous, Rural
Location
- Region: San Luis Obispo
- Subdivision: San Luis Obispo(380)
Other
Other facts
- Listing terms: Cash to New Loan
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$5,940,600
2% more+$118K
With Zillow Showcase(estimated)$6,059,412