$450,000
●
House -
Off Market
3815 E. Highway 41
Paso Robles, CA 93446
1 Bed
2 Baths
1,536 Ft²
$657,634
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
If a view is what you are looking for... this property comes with a
360 degree panoramic view. The charming rustic cabin-esque home is
on approximately 9.95+/- acres. This home comes with passive income
of just over $1500.00 per month. The home features an open floor
plan. Heating in the living room is a propane stove and upstairs is
a Fujitsu mini split A/C and heater. The extended eaves helps to
keep the house cool and provides extra shade for enjoying the view.
The property Has an entrance gate and is partially fenced. Added
features are a pole barn and a 10' x 20 storage shade. The whole
house has a reverse osmosis system, a 5000 gallon water storage
tank.
Come an enjoy the starry nights and peaceful mornings. The property can also be used as an investment property, its already bringing income in passively, then have the home as a rental, vacation rental or 2nd home.
Contact your agent today for an appointment to preview the property
Information provided deemed reliable but not verified to the accuracy by listing agent or Brokerage, information provided by seller or any other source(s), make no claim(s) or warranty(s) with regards to any information provided, past, present or future property conditions, investments, or uses.
Come an enjoy the starry nights and peaceful mornings. The property can also be used as an investment property, its already bringing income in passively, then have the home as a rental, vacation rental or 2nd home.
Contact your agent today for an appointment to preview the property
Information provided deemed reliable but not verified to the accuracy by listing agent or Brokerage, information provided by seller or any other source(s), make no claim(s) or warranty(s) with regards to any information provided, past, present or future property conditions, investments, or uses.
Unit Size
1,536 Ft²
Days on Market
77 days
Land Size
9.95 acres
Price per sqft
$292
Property Type
House
Property Taxes
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #NS19189562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | Listed by RE/MAX Success | $499,900 | |
| Listed by RE/MAX Success | |||
| | |||
|
This peaceful country retreat is set on almost 10 acres of rolling hills and features a 1,535+/- sq ft home with stunning panoramic views of the Creston Valley. Inside, the cozy open-concept living space includes tongue-and-groove wood ceilings, flowing into a welcoming kitchen with stainless steel appliances, a breakfast bar and comfortable dining areas. A freestanding gas stove that has the charm of wood-burning, and wainscotting accent the charming living room. Upstairs, the spacious primary suite offers plenty of room. Indoor laundry area with washer and dryer. A covered porch invites you to relax and take in the serene landscape. The property also includes a large garden area, a substantial pole barn ideal for storage or projects, pastures, and paved road frontage with entry gate for easy access. This is a rare chance to enjoy space, privacy, and the natural beauty of rural life. Sale does not include income from wireless communication equipment onsite.
| |||
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Listed by RE/MAX Success | $795,000 | |
| Listed by RE/MAX Success | |||
| | |||
|
Rare Country Living Opportunity with Income Potential! Escape to this idyllic rural retreat and enjoy the peacefulness of this beautiful 10+/- acre property, featuring a 1,535+/- sq ft home with breathtaking views of the Creston valley & beyond. This one-of-a-kind property comes with built-in income of over $3,200 per month from established cell tower and internet leases, making it a perfect blend of lifestyle and investment. The home’s cozy interior provides an open living area, complete with gas stove and tongue & groove wood ceiling, leading into the country kitchen with stainless appliances & comfortable dining areas. The huge primary suite upstairs provides enough space to add a second bedroom if desired. The exterior of the home offers a wraparound covered porch, ideal for taking in the surrounding landscape, and to relish the space & freedom this remarkable property provides. A spacious garden area, large pole barn for storage or projects, fenced pastures for your horses and/or 4H projects, and paved road frontage add to the convenience and charm of this wonderful find. Don’t miss your chance to enjoy country living with added financial benefits!
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About San Luis Obispo
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Listed by: Katherine Breig, AD-VO-CATE Real Estate Partners
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NS19189562
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NS19189562
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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