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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

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    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#: PI24027960MLS LogoOriginating 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