$1,875,000
SOLD MAR 12, 2025

4540 E Highway 41 Paso Robles, CA 93446

7 Beds
3.5 Baths
4,380 Sq Ft
50 Acres

Recently Sold

$428 Per Sq Ft

25% Below List Price

334 Days on Market

Highlights

  • Barn
  • Horse Property
  • Wine Cellar
  • Paso Robles High School Rated A-
  • Horse Property Unimproved
  • Above Ground Spa

About This Home

As of March 2025

Welcome to Madison Cellars Vineyards, a premier vineyard estate located in the heart of the Paso Robles appellation, "The new Napa" of wine
country. The property is situated just 15 minutes from downtown Paso and Atascadero and 35 minutes from SLO. Nestled within
this renowned wine region, the estate boasts a fully remodeled main residence. The 3,024 square foot single-level ranch home offers modern
comforts and an expansive garage that presents possibilities, from viticulture storage to potential conversion ADU. Spanning 50 acres, Madison
Cellars Vineyards is not only expansive but also meticulously cultivated. The vineyard covers 28 acres, all benefiting from precise 6x10 spacing,
efficient drip irrigation, and either double or unilateral cordon training at 36 inches. The property is safeguarded by a deer fence, ensuring the
protection of the vines. The vineyard has a history of producing award-winning and critically acclaimed wines, with past vintages consistently
scoring between 89 and 93 points. The diverse plantings include 7 acres of Merlot, 6 acres of Cab, 1 acre each of Cab Franc and Petite Verdot, 9
acres of Syrah, 2 acres of Mourvedre, and 2 acres of Viognier. Additionally, the estate features a small winery building
that could be re-bonded into a tasting room. With the potential for subdivision, the new owner could build up to four homes, offering flexibility for
future development or personalization. Madison Cellars Vineyards offers lucrative income opportunities, generating substantial income through a short-term vacation rental. The main residence serves as a short-term rental, boasting estimated earnings from $10,000 to $20,000 per month. Additionally, the 2-bedroom, 1-bath mobile home offers an additional revenue stream with rent at $900 per month. The estate is well-equipped with a robust irrigation system delivering over 500 gallons per minute consistently for two decades. To meet all operational needs, the property is serviced with both 3-phase and 2-phase power sources. This exceptional vineyard estate is not just a home but a luxurious lifestyle investment in one of California's most sought-after wine regions. Madison Cellars Vineyards invites discerning buyers to embrace the epitome of viticulture and the opportunity to own a piece of Paso Robles' wine legacy.

Last Agent to Sell the Property

Abel Contreras

Invest SLO Brokerage Phone: 805-709-7143 License #02062620 Listed on: 02/28/2024

Last Buyer's Agent

Abel Contreras

Invest SLO Brokerage Phone: 805-709-7143 License #02062620 Listed on: 02/28/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 50 Acre Lot
  • Property fronts a county road
  • Chain Link Fence
  • Wire Fence
  • Fence is in excellent condition
  • Landscaped
  • Rectangular Lot
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Private Yard
  • Lawn
  • Value in Land
  • Property is zoned AG

Parking

  • 4 Car Garage
  • 20 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Driveway
  • Gated Parking
  • Guest Parking
  • RV Access or Parking

Property Views

  • Vineyard
  • Hills

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 4,380 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Wine Cellar
  • Great Room
  • Family Room
  • Living Room
  • Home Office
  • Game Room
  • Quartz Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 5 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Outdoor Features

  • Above Ground Spa
  • Horse Property
  • Deck
  • Covered Patio or Porch
  • Terrace
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Farming

  • Barn
  • Agricultural

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Additional Features

  • Suburban Location
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 042211009
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: wine equipment - can be sold fully furnished.
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: AG
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 042211009
  • Year Built: 1986
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4380.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 428.08
  • Room Type: All Bedrooms Down, Family Room, Game Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office, Two Primaries, Walk-In Closet, Wine Cellar
  • Spa Features: Above Ground
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Barn(s), Outbuilding, Storage, Workshop
  • View: Hills, Vineyard
  • Fence: Yes
  • Fencing: Chain Link, Excellent Condition, Wire
  • Patio And Porch Features: Concrete, Covered, Deck, Patio Open, Porch, Front Porch, Rear Porch, Slab, Terrace
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Asphalt, Paved, Garage, Garage Faces Side, Gated, Guest, On Site, RV Access/Parking, RV Hook-Ups, RV Potential
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 20.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Vine/Vineyard, Horse Property, Horse Property Unimproved, Landscaped, Lawn, Lot Over 40000 Sqft, Rectangular Lot, Ranch, Rolling Slope, Sprinkler System, Value In Land, Yard
  • Lot Size Sq Ft: 2178000.00
  • Lot Size Acres: 50.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178000.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 103.01
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2025
Sold by
4540 East Hwy 41 Llc
Bought by
Paso Staks Llc
Current Estimated Value
$1,807,333

Purchase Details

Listed on
Feb 28, 2024
Closed on
Feb 18, 2025
Sold by
Jon And Beth Korecki Family Trust and Korecki Jon Louis
Bought by
4540 East Hwy 41 Llc
Seller's Agent
Abel Contreras
Invest SLO
Buyer's Agent
Abel Contreras
Invest SLO
List Price
$2,499,000
Sold Price
$1,875,000
Premium/Discount to List
-$624,000
-24.97%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%

Purchase Details

Closed on
Sep 12, 2019
Sold by
Korecki Jon Louis
Bought by
Korecki Jon Louis and Korecki Beth Ann

Purchase Details

Closed on
Jul 31, 2010
Sold by
Korecki Jon L and Korecki Marjorie
Bought by
Korecki Jon Louis and Korecki Marjorie M

Purchase Details

Closed on
Jun 22, 2006
Sold by
Madison Cellars Llc
Bought by
Korecki Jon L and Korecki Majorie

Purchase Details

Closed on
Jun 4, 2001
Sold by
Pink Robert W
Bought by
Madison Cellars Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
7.14%

Purchase Details

Closed on
Jan 19, 2001
Sold by
Pink Robert Wayne and Pink Marie Faulkner
Bought by
Pink Robert W and Pink Marie Faulkner

Purchase Details

Closed on
May 4, 1998
Sold by
Pink Marcia
Bought by
Pink Robert W

Purchase Details

Closed on
Dec 31, 1996
Sold by
Faulkner Pink Hugo Roderick and Faulkner Pink Marie
Bought by
Pink Robert Wayne

Purchase Details

Closed on
Jan 9, 1995
Sold by
Faulkner Pink Hugo Roderick and Faulkner Pink Marie
Bought by
Pink Robert Wayne and Pink Marcia

Purchase Details

Closed on
Dec 21, 1994
Sold by
Faulkner Pink Hugo Roderick and Faulkner Pink Marie
Bought by
Pink Robert Wayne and Pink Marcia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Placer Title
Grant Deed $1,675,000 Placer Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- First American Title Co
Grant Deed $872,000 First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $612,500 No Value Available
Closed $131,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2025 03/12/25 Sold $1,875,000 -5.8% $428 / Sq Ft
09/16/2024 09/16/24 Price Changed $1,990,000 -11.5% $454 / Sq Ft
06/24/2024 06/24/24 Price Changed $2,249,000 -10.0% $513 / Sq Ft
02/28/2024 02/28/24 For Sale $2,499,000 -- $571 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,582 $1,283,629 $568,752 $714,877
2024 $13,337 $1,258,460 $557,600 $700,860
2023 $13,337 $1,233,785 $546,667 $687,118
2022 $13,108 $1,209,595 $535,949 $673,646
2021 $12,851 $1,185,879 $525,441 $660,438
2020 $12,830 $1,183,890 $520,054 $663,836
2019 $12,566 $1,159,597 $509,857 $649,740
2018 $12,324 $1,137,252 $499,860 $637,392
2017 $11,540 $1,114,790 $490,059 $624,731
2016 $11,323 $1,093,874 $480,450 $613,424
2015 $11,156 $1,078,004 $473,234 $604,770
2014 $10,746 $1,057,810 $463,964 $593,846
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23231104

California Regional Multiple Listing Service (CRMLS)

APN: 042-211-009