Views
Listed By:
Chris Richardson with Richardson Sotheby's International Realty; 805-801-9091
Address
500 Spanish Springs Drive, San Luis Obispo, CA
Price
$ 8,500,000
Property Attributes
  • MLS#PI24027960
  • TypeSingle Family
  • CountySAN LUIS OBISPO
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • NeighborhoodSan Luis Obispo
  • Zip93401
  • StyleSingleFamilyResidence
  • Price$ 8,500,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1672
  • Lot Size218 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.*

Price History
2/9/2024 Listed $8,500,000

General Features

Interior Features AllBedroomsDown
Sewer SepticTank
Cooling None
Possession CloseOfEscrow,SeeRemarks
Zoning RL
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1982
View Hills,Mountains,Panoramic,Vineyard
Stories 1
Levels One
Property SubType SingleFamilyResidence
Community Features Hiking,Mountainous,Rural
Accessibility NoStairs
Additional Parcels Description 079281027
County San Luis Obispo
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name San Luis Obispo(380)
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions Price Canyon to Spanish Springs Drive
City San Luis Obispo
Disclosures CovenantsRestrictionsDisclosure
Entry Location Front Door
View Y/N Yes
Senior Community Y/N No
High School District San Luis Coastal Unified
Total Units 1
MLS Area SLO - San Luis Obispo
Lot Size Square Feet 9496080.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Spanish Springs
Spa Features None
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.spanishspringsvineyard.com/mls/126839801
Days on Market 13
Structure Type House
Standard Status Active
Occupancy Description Tenant
Year Built Source Assessor
Tax Lot 63,64
Virtual Tour https://www.spanishspringsvineyard.com/
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Full Baths 2
Street Suffix Drive
Laundry Features WasherHookup,GasDryerHookup
Total Bedrooms 3
Entry Level 1
Electric On Property Y/N No
Main Level Bedrooms 3
Main Level Bathrooms 2
LivingAreaSource Assessor
Total Baths 2
Living Area Units SquareFeet

Exterior Features

Fencing BarbedWire
Lot Features Agricultural,GentleSloping,SprinklerSystem
Water Source AgriculturalWell,SeeRemarks,SharedWell,Well
Total Parking 0.0
Lot Size Area 9496080.0
Spa No
Lot Size Acres 218.0
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 93401

Price
AVG $1.74M
$8.5M
Visits
AVG 179
228
Data Provided by Inside Real Estate®
Year Built
AVG 1983
1982