Bella Terra's Event Venue is the highlight of this 40-acre property in San Luis Obispo County, offering a turnkey investment and vineyard lifestyle opportunity with multiple income streams. The stunning venue features meticulously maintained grounds, spanning 3 acres in a park-like setting with lush grass, trees, paved walkways, covered patios, and a large event barn complete with restrooms. Alongside the venue is the 4378 +/- sq ft Manor House, a successful vacation rental featuring extensive living space, a gourmet kitchen, large living and dining rooms, 5 bedrooms, and 5 bathrooms. Also nearby are a charming 1596 +/- sq ft Guest House with 2 bedrooms and 2 bathrooms, as well as a cozy 700 +/- sq ft, 1-bedroom bungalow. This property is ready for the next owner to step in, with built-in income streams and all the essentials perfectly presented. Rental income potential is bolstered by an additional 1,800 square feet of refrigerated storage, a commercial kitchen, and a business office, all ready for immediate use. In addition, the estate includes 28 acres of leased vineyard, providing steady agricultural revenue, and supporting the farming operation and event venue are two productive wells and a large reservoir. With its diverse income sources and immediate cash flow potential, this property is an exceptional lifestyle/investment opportunity located in the heart of the booming Paso Robles Wine Country.
MLS# | NS24165247 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Sub-Type | Resale |
Status | Active |
Year | 1986 |
Days On Site | 58 |
Listing Provided By | RE/MAX Success 805-434-2737 | Gwen Severson |
SQ Feet | 6,674 |
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Story(s) | 1 |
Units | 2 |
Acreage | 40.00 |
State | CA |
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County | San Luis Obispo |
City | San Miguel |
Zip Code | 93451 |
Area | SMIG San Miguel |
Listing VS Median (in 93451) | |
Price: $5,495,000 low | high Med: $5,495,000 SqFt: 6,674 low | high Med: 6,674 $ / SqFt: $823 low | high Med: $823 On Site: 58 low | high Med: 58.000000 |