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4710 Flying Paster Ln, Adelaide, CA, 93446

6beds
7baths
10,000sqft
$33,000,000
$3,300price/sqft
$204,948/moest. monthly cost
$8,197,920/yrincome needed

About This Home

LUXURY PROPERTY AUCTION: 5-15 AUGUST. AUCTION BIDDING OPEN: Bidding ends August 15th. Previously Listed $33M. Current High Bid $15M. Showings Daily By Appt.World-class Central Coast development potential defines Windfall Farms, a legacy estate spanning nearly 724 contiguous acres within the Paso Robles AVA-California's fastest-growing wine region. Previously owned by television icon Alex Trebek as a Thoroughbred breeding facility, the land retains a 6.5-furlong racetrack and paddocks. 76 approved lots and exceptional water resources from four operating wells and the Huero Huero creek support income-producing vineyards with vast development upside. The 387 acres of premium dry red varietals, sold under contract to name-brand wineries, generate consistent positive cash flow under turnkey management. Existing infrastructure, including 4.5 miles of paved roads and 480V three-phase power, supports a winery facility or resort-style tasting room.The sale includes APN-s: 035-361-002; 035-361-003035-381-002;035-381-011Preview Event July 21 from 10 am- 3 pm with light refreshments and wine tasting. 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. A total of approximately 10,000 sq. ft., the building is now used for visitors and overnight stays by company management. Office operations are managed from this building and it could possibly be repurposed as a clubhouse, bed and breakfast or any number of hospitality options. There is a machine shop for the vineyard operations with three bays and a heavy-duty hydraulic lift. The shop is serviced by 480v 3-phase power and natural gas. There are several smaller homes on the property being utilized by the General Manager and his family . The property has 4.5 miles of paved roads internally, accessing all of the primary buildings. There are an additional 3 miles of non-paved vineyard access roads. Electric service within the property includes 480V 3-phase power to the shop and the operational wells throughout the property. Some of the smaller run-in sheds have just single-phase power. The large buildings have 3-phase power, water and septic. 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 twonatural gas, although electric is at the wellhead. The three non-operational wells can be run on either electric or natural gas, but need the selected service extended to the wellhead. The depth of the Paso Robles formation varies over the basin. Windfall is sitting on top of a very deep depression in the formation. When the new wells were drilled it was determined that the bottom of the Paso Formation was 2,500 feet. The water resources at Windfall Farms are exceptional throughout the area and the value cannot be overestimated.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

4/10
4/10
7/10
Paso Robles High SchoolGrades 9-129.3 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Raised
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Other,Dryer,Refrigerator,Microwave,Convection Oven,Washer,Trash Compactor,Disposal,Dishwasher,Double Oven
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 4
  • 1/2 bathrooms: 3

Dining Room

  • Features: In Kitchen,Breakfast Area,Dining Area,Breakfast Bar

Features

  • Pantry,Cathedral Ceiling(s),Other
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Dining Room,Gas Log,Free Standing
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 10,000
  • Total interior livable area: 10,000 sqft

Property

Details

  • Parcel number: 035381011
  • Zoning description: Rural,Rural Land,Residential Rural,Res Agriculture,Agricultural
  • Special condition: Standard
  • Other equipment: Satellite Dish
  • Exclusions: An Inventory Of Furniture Available With Sale
  • Horse amenities: Horse Facility

Features

  • Stories: 2
  • Entry location: Stairs to Entry
  • Patio & porch: Patio,Deck
  • Exterior features: Barbecue
  • Fencing: Fenced
  • Has view: Yes
  • View description: Hill/Peak/Mnt,Panoramic
  • Horses can be raised: Yes

Lot

  • Lot size: 723.92 Acres
  • Features: Other,Rural Setting,Other Agriculture,Vineyard,Horses Allowed,Yard Sprinklers,Other Improvements

Parking

  • Parking features: Circular Driveway,Drive Space,Other
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtVery High
  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Drought
Inland Flooding
Earthquake
Landslide
Wildfire
Heat Wave

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $166,865$2,002,380
Home Insurance *$6,270$75,240
Property Taxes $29,669$356,028
Electricity $2,144$25,732
Total$204,948$2,459,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$7,026,788/yr
40% on housing$6,148,440/yr
45% on housing$5,465,280/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,300This listing

vs Other Active Listings

Avg $/sqft

ZIP 93446$470
San Luis Obispo County$554

vs Homes Sold Last Month

Median $/sqft

ZIP 93446$452
San Luis Obispo County$522

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$15,000,000
2026-08-05Price change$15,000,000
2026-06-23Listed for sale$33,000,000
2026-04-15Contingent$33,000,000
2025-04-17Listed for sale$33,000,000
1996-10-30Sold$3,750,000

For Sale by Agent

AgentPatty Murphy
BrokerageSotheby's International Realty Santa Ynez Valley Brokerage

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