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  • $5,850,000

    500 Spanish Springs Drive, San Luis Obispo, CA 93401

    3beds
    1,672sqft
    Single Family Residence
    Built in 1982
    218 Acres Lot
    $5,848,700 Zestimate®
    $3,499/sqft
    $4,208 Estimated rent

    Home value

    $5,848,700

    $5.26M - $6.49M

    $4,208/mo

    Zestimate® history
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    $4,208/mo

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    $37,124/mo

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    $37,124/mo

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    What's special

    Discover the captivating coastal vineyard property located 3 +/- 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. 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. 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. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt R Sevenau DRE #01890164 707-934-5630,

    Compass 707-939-9500,

    Maurice Tegelaar DRE #01465653 707-484-8088,

    Compass

    Bought with:

    Non-member 999999

    Richardson Sothebys

    Source: BAREIS,MLS#: 324007704MLS LogoOriginating MLS: Sonoma

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    Bathroom
    • Level: Main
    Heating
    • See Remarks
    Cooling
    • See Remarks
    Appliances
    • Laundry: See Remarks
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,672
    • Total interior livable area: 1,672 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 218 Acres
    • Features: Other
    Details
    • Parcel number: 079281042
    • Special conditions: Offer As Is,Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: See Remarks
    • Water: See Remarks
    • Utilities for property: Other

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $3,499/sqft
    • Tax assessed value: $6,846,480
    • Date on market: 2/9/2024

    Price history

    DateEventPrice
    1/30/2025Sold$5,850,000-0.8%$3,499/sqft
    Source: BAREIS #324007704 Report a problem
    11/16/2024Pending sale$5,900,000$3,529/sqft
    Source: CRMLS #PI24027960 Report a problem
    10/18/2024Listed for sale$5,900,000-15.1%$3,529/sqft
    Source: BAREIS #324007704 Report a problem
    8/28/2024Contingent$6,950,000$4,157/sqft
    Source: CRMLS #PI24027960 Report a problem
    7/20/2024Price change$6,950,000-18.2%$4,157/sqft
    Source: BAREIS #324007704 Report a problem
    2/9/2024Listed for sale$8,500,000$5,084/sqft
    Source: CRMLS #PI24027960 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $6,846,480 +2%
    2025$73,983 +1.7%$6,712,237 +2%
    2024$72,726 +2%$6,580,625 +2.1%
    2023$71,319 +6.7%$6,443,261 +2%
    2022$66,849 +1.6%$6,316,924 +2%
    2021$65,786 +0.9%$6,193,064 +0.9%
    2020$65,226 +1.5%$6,140,383 +2.5%
    2019$64,234 +2%$5,990,573 +2%
    2018$62,974 +2%$5,873,112 +2%
    2017$61,740 +2%$5,757,954 +2%
    2016$60,529 $5,645,054 +1.5%
    2015$60,529 +10.6%$5,560,261 +2%
    2014$54,731 $5,451,344 +14.6%
    2012-- $4,757,412 +2%
    2011-- $4,664,130 +190.5%
    2010-- $1,605,754 -0.2%
    2009-- $1,608,624 +13.7%
    2008-- $1,414,887 +9.7%
    2007-- $1,289,596
    Find assessor info on the county website

    Neighborhood: 93401

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $5,848,700
    2% more
    +$116K
    With Zillow Showcase(estimated)
    $5,965,674