Seller's Agent in 2022
Brian Noh
Nohco Real Estate
(213) 804-7647
130 Total Sales
2380 Live Oak Rd Paso Robles, CA 93446
Estimated Value: $5,875,000 - $9,064,791
5
Beds
4
Baths
52,794
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Wine Cellar
- 470.33 Acre Lot
- Paso Robles High School Rated A-
- Infinity Pool
- View of Hills
About This Home
As of March 2022THREE MAGNIFICENT PROPERTIES AVAILABLE TOGETHER OR SEPARATELY IN THE WESTSIDE AVA DISTRICT ONE OF CALIFORNIA’S PREMIER WINE REGIONS. 7,500± SF Hilltop Estate on 160± AC, a 45,000 SF state-of-the-art winery on 155± AC and 155± AC Vineyard 124 AC of which are fertile. This luxury residential estate sits atop a 160-acre winery located in the West Side/Willow Creek AVA District one of California’s Premier wine regions, less than one mile from U.S. Highway 101 and spectacular panoramic mountain views. The stunning home has five bedrooms plus office, four bathrooms and includes custom construction featuring an entertainer’s kitchen with high-end, built-in appliances (Wolf & Sub-Zero) and breakfast nook that enjoys 200-degree views of the valley. The dining room and step-down living room with breathtaking views and wine cellar are ideal for entertaining, while the family room is designed for relaxing and suitable for a home theater. The outdoor space features seven installed and productive wells, large terraces overlooking beautifully landscaped grounds with irrigation system, in ground zero-entry swimming pool, cabana with wood-burning fireplace and pizza oven, tennis court and bar/gazebo for hosting. Conditional use permits that incorporate options for hospitality ventures and offer the potential for a unique Airbnb rental, or special event space for corporate outings, private parties or weddings. There is currently a stalking horse bid of $9,100,000 and the minimum over bid for ONLY the Live Oak Property is $9,550,000, qualifying bids are due Dec. 8th.
The winery and vineyard, consisting of assets formerly owned by the Rabbit Ridge Winery, is a turnkey production facility located less than one mile from U.S. Highway 101 in Paso Robles, CA. With up to 217 acres of fertile land, this is an exciting chance to acquire a valuable, state-of the- art gravity flow winery production facility capable and authorized to produce 400,000 cases of wine annually. The facility comes complete with four wells installed, one recessed loading door with leveler, a crush pad, fermentation room, extensive climate-controlled barrel storage room/warehouse/bottling building featuring 22’ clear ceiling heights (barrel room 34’8” & tank room 55’). This offering represents a truly special opportunity to experience living in a countryside château right with some of the most exceptional views in Paso Robles. Qualifying Bids for all three properties area due on February 15, 2022.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,770
Year Built
- Built in 1987
Lot Details
- 470.33 Acre Lot
- Rural Setting
- 026-104-001, 027-145-022
- Property is zoned AG
Home Design
- Mediterranean Architecture
- Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 52,794 Sq Ft Home
- Wet Bar
- Wood Burning Fireplace
- Blinds
- Window Screens
- Entrance Foyer
- Wine Cellar
- Family Room
- Sunken Living Room
- Home Office
- Views of Hills
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Six Burner Stove
- Built-In Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- 4 Full Bathrooms
Parking
- Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway
Pool
- Infinity Pool
- In Ground Spa
Outdoor Features
- Tennis Courts
- Patio
- Terrace
Utilities
- Central Heating and Cooling System
- Well
- Sewer Not Available
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Suburban Location
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 026342039
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2021
Closed on
Mar 4, 2022
Sold by
Marshack Richard A
Bought by
Riboli Paso Robles Llc
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$22,000,000
Sold Price
$9,100,000
Premium/Discount to List
-$12,900,000
-58.64%
Total Days on Market
309
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,771,403
Avg. Annual Appreciation
-6.10%
Original Mortgage
$1,000,000
Outstanding Balance
$955,137
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$6,532,026
Purchase Details
Closed on
Oct 27, 2020
Sold by
Erich Russell
Bought by
Northern Holding Llc
Purchase Details
Closed on
Jun 7, 2001
Sold by
Russell Joanne James
Bought by
Russell Erich L
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
7.26%
Purchase Details
Closed on
Sep 20, 1999
Sold by
Russell Joanne James
Bought by
Russell Erich
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.76%
Purchase Details
Closed on
Aug 11, 1999
Sold by
Dahl Robert S and Dahl Carol J
Bought by
Russell Erich
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.76%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Riboli Paso Robles Llc | $9,100,000 | Fidelity National Title | |
| Northern Holding Llc | $9,700,000 | Northern Holding Llc | |
| Russell Erich L | -- | Fidelity National Title | |
| Russell Erich | -- | Cuesta Title Company | |
| Russell Erich | $1,700,000 | Cuesta Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Riboli Paso Robles Llc | $1,000,000 | |
| Previous Owner | Russell Erich L | $300,000 | |
| Previous Owner | Russell Erich | $17,500,000 | |
| Previous Owner | Russell Erich | $4,100,000 | |
| Previous Owner | Russell Erich L | $900,000 | |
| Previous Owner | Russell Erich | $1,200,000 | |
| Closed | Russell Erich | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | $9,100,000 | -4.7% | $172 / Sq Ft |
| 11/19/2021 11/19/21 | Price Changed | $9,550,000 | -56.6% | $181 / Sq Ft |
| 05/17/2021 05/17/21 | For Sale | $22,000,000 | -- | $417 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $38,770 | $3,612,628 | $767,489 | $2,845,139 |
| 2023 | $38,770 | $3,586,526 | $757,154 | $2,829,372 |
| 2022 | $38,754 | $3,576,194 | $752,255 | $2,823,939 |
| 2021 | $39,387 | $3,461,471 | $739,755 | $2,721,716 |
| 2020 | $27,252 | $2,521,736 | $285,499 | $2,236,237 |
| 2019 | $26,956 | $6,612,700 | $1,972,874 | $4,639,826 |
| 2018 | $27,201 | $2,517,103 | $268,070 | $2,249,033 |
| 2017 | $23,835 | $2,309,517 | $263,418 | $2,046,099 |
| 2016 | $25,958 | $2,514,693 | $254,032 | $2,260,661 |
| 2015 | $25,603 | $2,480,961 | $248,901 | $2,232,060 |
| 2014 | $24,586 | $2,427,134 | $237,431 | $2,189,703 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Noh
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
None MRML
(646) 541-2551
5,479 Total Sales
Map
Similar Home in Paso Robles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21100984
APN: 026-342-039
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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