Active

500 Spanish Springs Drive

San Luis Obispo CA, 93401

$5,900,000


$3,528.71 per sqft

Active

3 Beds

2 Baths

1,672 sqft

Residential

Built in 1982

Listed by Chris Richardson with Richardson Sotheby's International Realty 805-801-9091

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.*

PI24027960

MLS ID

February 9, 2024

Listed

October 20, 2024

Updated

Map

500 Spanish Springs Drive
San Luis Obispo CA, 93401

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Interior Features

All Bedrooms Down


Laundry Description

Washer Hookup, Gas Dryer Hookup


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

218 Acres


Lot Features

Agricultural, Gentle Sloping, Sprinkler System


Sewer

Septic Tank

School Information

School District

San Luis Coastal Unified

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

252


Garage

No


Parking Total

0


View

Yes


View Description

Hills, Mountain(s), Panoramic, Vineyard


County

San Luis Obispo


Water Source

Agricultural Well, See Remarks, Shared Well, Well


Pool

No


Pool Features

None


Zoning

RL

Listing History

Date

Event

Price

10/18/2024

Price change

$5,900,000

-16%

10/18/2024

Active

8/28/2024

Under contract

7/20/2024

Price change

$6,950,000

-19%

Listing Contact: 805-781-6040 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/20/2024 at 2:29 PM UTC

 

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