$5,900,000
Pending

500 Spanish Springs Drive

San Luis Obispo, CA 93401
1672 sqft | 3 beds | 2 baths | 218.00 acres | #PI24027960
Listing OfficeRichardson Sotheby's International Realty
Browse 52 photos
Type:Purchase
Structure:House
Zone:Residential

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.*

  • Property Details
      • Utility SourceAgriculturalWell, SeeRemarks, SharedWell, Well
      • Lot DescriptionAgricultural, GentleSloping, SprinklerSystem
      • ViewHills, Mountains, Panoramic, Vineyard
      • School DistrictSan Luis Coastal Unified
      • Property SubtypeSingleFamilyResidence
      • SubdivisionSan Luis Obispo(380)
      • InteriorAllBedroomsDown
      • CountySan Luis Obispo
      • Sewer InformationSepticTank
      • Original List Price$8,500,000
      • MLS #PI24027960
      • MLS #PI24027960
      • Property TypePurchase
      • Cost5900000
      • Structure TypeHouse
      • Square Feet1672
      • Year Built1982
      • Acres218
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

Bob OesterleinReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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