$ 7,990,000
5165 Estrella Road Paso Robles, CA 93446
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Listed by Erik Berg-Johansen • Richardson Sotheby's International Realty
$ 7,990,000
Est. payment /mo
Active
5165 Estrella Road Paso Robles, CA 93446
9,184 SqFt
UPDATED:
11/02/2024 02:55 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,184 sqft
Price per Sqft $869
MLS Listing ID CRSC24210489
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 256.570 Acres
Property Description
Welcome to the extraordinary Estrella Ranch Headquarters in Paso Robles, CA. The property’s primary investment opportunity is the presence of one of California’s largest outdoor cannabis grow operations. Considering the capital, time and energy needed to establish an operation of this scale, the ranch offers a once if a lifetime opportunity. There is also a potential to expand the growing operation to an area greater than the current 3 acres. In addition to commercial farming opportunities, the property has all of the elements to support a Cannabis Tourism business model. Similar to wine tourism, this is a rapidly growing business sector, and very few properties have the infrastructure to support such an endeavor. The luxury home and guest house are the centerpiece of the historic Estrella Ranch Headquarters. The custom single-level primary residence spans over 4,900 SF, with 3 bedrooms, 5 bathrooms, and wide-open living spaces. Parkay wood flooring and tile provide warmth, and the industrial chef’s kitchen is a dream for entertainment and events. Soaring ceilings with exposed wood beams, large windows, and artistic fireplaces make the property a one-of-a-kind architectural marvel. The nearby 1,360 SF guest home is comprised of two large bedrooms, three bathrooms, and a fun
Location
State CA
County San Luis Obispo
Interior
Heating Forced Air, Other
Cooling Central Air
Fireplace No
Building
Water Well
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