WORLD CLASS CENTRAL COAST DEVELOPMENT OPPORTUNITY WITH POSITIVE CASH FLOW. With 76 approved lots and huge water resources from the Huero Huero creek (see documents), the unique scale and quality of production at Windfall Farms along with existing building infrastructure presents an excellent opportunity for the development of a brand name winery production facility and resort style retail tasting room by the right buyer. The extraordinary opportunity to develop multiple residential parcels and vineyard estates with infrastructure in place or nearby makes this a very unique offering in the highly desirable Central Coast of California with huge upside potential. Windfall Farms currently operates as a cashflow positive premium wine grape vineyard business. The 387 acres of grapes (348 acres producing, 39 acres newly planted) are predominantly planted to dry red varietals that the Paso Robles AVA is known for and consistently produce high quality grapes.
Windfall Farms was created as a first class Thoroughbred race horse facility with stunning Kentucky style equine facilities including a 6 1/2 furlong race track with room for a professional polo field in the middle surrounded by large paddocks.
The beautiful owner's residence is finely built with six large bedrooms and baths, together with offices and conference rooms, large kitchen and dining/living area and a grand game/media room. There are several smaller homes on the property.
The property has 4.5 miles of paved roads internally, accessing all of the primary buildings. Electric service within the property includes 480V 3-phase power to the shop and the operational wells throughout the property.
There are a total of nine permitted septic systems on the Windfall property designed to serve the individual needs of each of the main buildings and incumbent housing.
The property currently has four operating wells, and three drilled/bored/cased wells with a total capacity of over 7,000 Gallons Per Minute (GPM). A main water line connects all the wells together, with sub-mains servicing each of the vineyard blocks. Two of the operational wells are powered by electric and natural gas, although electric is at the wellhead. The depth of the Paso Robles formation varies over the basin and Windfall sits above a very deep depression.
For sale
Listed by: Sotheby's International Realty • Patty Murphy • Contact: 805-680-8571
$33,000,000
4710 Flying Paster Ln, Adelaide, CA 93446
8beds
6,144sqft
Single Family Residence
Built in 1984
724 Acres Lot
$1,975,400 Zestimate®
$5,371/sqft
$-- HOA
What's special
- 405 days |
- 419 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Patty Murphy DRE #00766586 805-680-8571,
Sotheby's International Realty
Source: CRMLS,MLS#: SC25117762
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bonus Room, Bedroom, Center Hall, Family Room, Foyer, Game Room, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Office, Retreat, Recreation, Workshop
Primary bedroom
- Features: Multiple Primary Suites
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Heating
- Natural Gas, Wood Stove
Cooling
- Central Air
Appliances
- Included: Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
- Laundry: Laundry Room
Features
- Beamed Ceilings, Ceramic Counters, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Pantry, Bedroom on Main Level, Entrance Foyer, Multiple Primary Suites, Primary Suite, Workshop
- Doors: Double Door Entry
- Windows: Plantation Shutters, Skylight(s), Wood Frames
- Has fireplace: Yes
- Fireplace features: Family Room, Free Standing
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 6,144 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Door-Multi, Driveway, Garage, Garage Door Opener, One Space
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 5010 Gate 4 Rd
- Patio & porch: Deck, Open, Patio, Wood
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Average Condition,Cross Fenced,Livestock,Wood,Wire
- Has view: Yes
- View description: Hills, Mountain(s), Panoramic, Pond, Pasture, Vineyard
- Has water view: Yes
- Water view: Pond
- Waterfront features: Creek, Pond
Lot
- Size: 724 Acres
- Features: Agricultural, Front Yard, Gentle Sloping, Horse Property, Landscaped, Pasture, Rolling Slope, Ranch, Sprinkler System
Details
- Additional structures: Barn(s), Guest House Detached, Guest House, Outbuilding, Shed(s), Workshop, Stable(s)
- Additional parcels included: 035361003, 035381011, 035381002
- Parcel number: 035361002
- Zoning: AG
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence
Materials
- Brick, Drywall, Ducts Professionally Air-Sealed, Stucco
- Foundation: Slab
- Roof: Common Roof
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Water: Agricultural Well, Cistern, Well
Community & HOA
Community
- Features: Stable(s), Rural
- Security: Security System, 24 Hour Security, Resident Manager, Smoke Detector(s)
Location
- Region: Adelaide
Financial & listing details
- Price per square foot: $5,371/sqft
- Tax assessed value: $323,812
- Annual tax amount: $3,485
- Date on market: 5/29/2025
- Cumulative days on market: 405 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Estimated market value
$1,975,400
$1.40M - $2.86M
$2,390/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $33,000,000$5,371/sqft |
Source:  CRMLS #SC25117762 Report a problem | ||
| 4/15/2026 | Contingent | $33,000,000$5,371/sqft |
Source: CRMLS #SC25117762 Report a problem | ||
| 5/29/2025 | Listed for sale | $33,000,000+780%$5,371/sqft |
Source: CRMLS #SC25117762 Report a problem | ||
| 10/30/1996 | Sold | $3,750,000$610/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,485 +1.7% | $323,812 +2% |
| 2024 | $3,426 +1.8% | $317,464 +2% |
| 2023 | $3,364 +1.7% | $311,240 +2% |
| 2022 | $3,307 +2% | $305,138 +2% |
| 2021 | $3,242 +1% | $299,156 +1% |
| 2020 | $3,209 +2% | $296,090 +2% |
| 2019 | $3,146 +2% | $290,285 +2% |
| 2018 | $3,084 +31.8% | $284,594 +25.9% |
| 2017 | $2,340 +2% | $226,073 +2% |
| 2016 | $2,294 | $221,641 +1.5% |
| 2015 | $2,294 | $218,312 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 93446
Nearby schools
GreatSchools rating
- 4/10Pat Butler Elementary SchoolGrades: K-6Distance: 9.5 mi
- 4/10George H. Flamson Middle SchoolGrades: 7-8Distance: 11.3 mi
- 7/10Paso Robles High SchoolGrades: 9-12Distance: 9.4 mi
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- California
- San Luis Obispo County
- Paso Robles
- 93446
- 4710 Flying Paster Ln
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