NOT LISTED FOR SALE

7265 O Donovan Rd Creston, CA 93432

Estimated Value: $2,174,000 - $2,955,506

9 Beds
6.5 Baths
4,183 Sq Ft
$590/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $2,426,180 $580 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,956/month

8 Days on Market

Highlights

  • Community Stables
  • Above Ground Spa
  • 148.4 Acre Lot
  • Barn
  • Panoramic View
  • Recreation Room

About This Home

As of April 2024

HorseTail Ranch, licensed vacation rental, welcomes you to nearly 150 acres of beautiful rolling hills featuring mature Oak and Pine trees, gorgeous views and inspiring sunsets all just minutes away from Paso robles. This property would make the perfect vacation home, corporate retreat, event venue or horse property--the options are vast. The property is an oasis of peace, serenity, and pure pleasure - all rolled into one with close proximity to some of California's premier wineries, restaurants and coastline. Appealing to lifestyle buyers as well as savvy investors, this licensed vacation rental, event venue and ranch compound is a rare find that doesn't come around often. The ranch consists of an opulent five-bedroom villa with luxury style and upgrades throughout including a grand two-story, open concept main living area with a designer kitchen outfitted with professional-grade appliances, hard surface countertops, and incredible views out to your rolling land. With custom flooring throughout the interior, bespoke wood working, met detailing- both interior and exterior, and other intentional, designer touches throughout the home, this estate is truly turn-key. Outside enjoy a beautiful sunset, hike along private trails, or enjoy your incredible view that beckons you to stay outdoors, offering an enticing ambiance for al fresco dining. Along with the main villa, you will find a renovated 4-bedroom ranch style home. With plenty of privacy and charm, the ranch home is inviting with its upgraded kitchen with quartz countertops and stainless-steel appliances, new paint, new flooring, upgraded bathrooms, gorgeous natural sunlight, and private patio and parking areas. Nearby, you'll also find the appealing 12-stall barn with vintage facade and loft with easy access to stalls and working area. The private well that services the entire property has Historically profound output. Approximately 30 acres of flat land invites you to pursue our possible agri-business ventures. The property has previously approved plans for a 8 bedroom + 8.5 bath home with pad rough cut grading, engineered septic in and on oversized 3-car garage already build. Ther is so much to enjoy and love about HoseTail Ranch. This retreat truly inspires and invites its guest to relax, enjoy and settle into the nature that surrounds it. Schedule a visit with your Realtor today to explore the many facets this luxury estate offers.

Last Agent to Sell the Property

Dianna Vonderheide

Nest Central Coast Brokerage Phone: 805-234-0640 License #01475327 Listed on: 04/02/2024

Last Buyer's Agent

Mark Hazell

Home & Ranch Sotheby's Intl License #01831517

Home & Ranch Sotheby's Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,668

Year Built

  • Built in 1959

Lot Details

  • 148.4 Acre Lot
  • Rural Setting
  • Property is zoned AG

Parking

  • 9 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • Pasture
  • Mountain
  • Meadow

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,183 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Den with Fireplace
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 9 Bedrooms | 7 Main Level Bedrooms

Outdoor Features

  • Above Ground Spa
  • Concrete Porch or Patio

Farming

  • Barn
  • Agricultural

Utilities

  • Central Air
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 043232021

Community Details

Overview

  • No Home Owners Association
  • Creston Subdivision

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,668

Year Built

Built in 1959

Lot Details

0

Parking

9

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Creston(60)
  • View: Yes
  • Zoning: AG
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 043232021
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4183.00 Square Feet
  • Stories: 2
  • Entry Location: FRONT
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Entry Level: 1
  • Fireplace Features: Den
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 580.01
  • Room Type: Family Room, Foyer, Recreation, Utility Room, Walk-In Pantry
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • Other Structures: Barn(s)
  • View: Meadow, Mountain(s), Panoramic, Pasture
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s), Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural
  • Lot Size Sq Ft: 6464304.00
  • Lot Size Acres: 148.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6464304.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 131.00
  • Tax Lot: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 12, 2024
Sold by
Horsetail Ranch Llc
Bought by
Horsetail Ranch Real Estate Lp
Seller's Agent
Dianna Vonderheide
Nest Central Coast
Buyer's Agent
Mark Hazell
Home & Ranch Sotheby's Intl
List Price
$2,795,000
Sold Price
$2,426,180
Premium/Discount to List
-$368,820
-13.2%
Views
20
Current Estimated Value
$2,468,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,947
Avg. Annual Appreciation
-0.89%

Purchase Details

Closed on
Jun 3, 2010
Sold by
Power Michael T
Bought by
Horsetail Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 2006
Sold by
Power Michael T and Power Dunbar Salin
Bought by
Power Michael T

Purchase Details

Closed on
Feb 16, 2000
Sold by
Salin Rolfe W and Salin Ruth D
Bought by
Power Michael T and Power Dunbar Salin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
8.16%

Purchase Details

Closed on
Jan 16, 1996
Sold by
Guerrero Gary and Guerrero Gay
Bought by
Power Michael T and Power Dunbar Salin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Horsetail Ranch Real Estate Lp $2,426,500 Fidelity National Title
Horsetail Ranch Llc $800,500 Fidelity National Title Co
Power Michael T -- None Available
Power Michael T -- Cuesta Title Company
Power Michael T $360,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horsetail Ranch Llc $1,260,000
Previous Owner Horsetail Ranch Llc $900,000
Previous Owner Power Michael T $125,000
Previous Owner Power Michael T $245,000
Previous Owner Power Michael T $245,000
Previous Owner Power Michael T $40,000
Previous Owner Power Michael T $197,000
Previous Owner Power Michael T $203,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $2,426,180 -13.2% $580 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $2,795,000 -- $668 / 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 $21,668 $2,473,500 $1,264,800 $1,208,700
2024 $21,658 $1,949,971 $963,587 $986,384
2023 $21,658 $1,911,738 $944,694 $967,044
2022 $21,391 $1,874,254 $926,171 $948,083
2021 $20,971 $1,837,505 $908,011 $929,494
2020 $20,756 $1,818,665 $898,701 $919,964
2019 $20,349 $1,783,006 $881,080 $901,926
2018 $19,950 $1,748,046 $863,804 $884,242
2017 $19,559 $1,713,771 $846,867 $866,904
2016 $19,175 $1,680,168 $830,262 $849,906
2015 $18,883 $1,654,931 $817,791 $837,140
2014 $14,974 $1,408,690 $826,772 $581,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS24064828

California Regional Multiple Listing Service (CRMLS)

APN: 043-232-021