4995 Mill Road
About This Property
The chef's kitchen blends style and practicality with Corian countertops, a cooking island with bar seating, custom oak cabinetry, built-in refrigerator, and double convection/conventional ovens. The luxurious primary suite is a private retreat with dual walk-in closets, a spa-inspired bath with Jacuzzi tub, separate shower and vanity island-plus direct access to a Trex deck with a 220V hookup for a hot tub. A separate guest wing includes three additional bedrooms, one with an en-suite bath. Outdoor entertaining is elevated with a covered kitchen area complete with built-in BBQ, sink and seating area overlooking the rolling landscape.
A detached 1,278 +/- sf secondary residence, built in 2006, features 3 BD, 2 BA, and comfortable living spaces-ideal for guests, extended family or on-site staff. A versatile 1,200 +/- sf metal shop with 14-foot eaves, dual roll-up doors and 220V single-phase power offers abundant space for projects and storage.
Outdoors, entertain with a covered kitchen, built-in BBQ, and lush landscaping. The property includes 71± acres of vineyard with 9± acres in production (Syrah & Merlot), additional varietals under irrigation, two wells, solar power and fenced grounds.
This is a rare opportunity to own a truly turnkey wine country estate, combining luxurious living, income-producing vineyard potential, and unmatched views just minutes from Paso Robles' renowned tasting rooms, dining, and amenities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Listed by RE/MAX Parkside Real Estate | $2,650,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017