3750 W Highway 46, Templeton, CA, 93465
About This Home
PRICE IMPROVEMENT! A rare turnkey wine country investment in one of California's most sought-after appellations, strategically positioned on Highway 46 West—the route that defines Paso Robles wine country. This property includes a fully licensed tasting room and restaurant space—currently home to a thriving establishment where Willow Creek District's most acclaimed winemakers gather after a day in the vineyard—along with an income-generating vacation rental and a meticulously maintained 8-acre organic Zinfandel vineyard. Properties combining commercial tasting room facilities with premium vineyard estates and vacation rentals rarely come to market. The tasting room space features a full commercial kitchen and all necessary licenses. One of the region's most respected winemaking families currently operates the space, serving rare oysters, fine organic hard cider, and exceptional red and white wines, and would like to continue leasing the tasting room, though all offers will be considered. The established vacation rental provides additional income, while the 8-acre head-trained, dry-farmed organic Zinfandel vineyard is managed by the same legendary family. This is an opportunity to own prime real estate with multiple established income streams in one of wine country's most exciting emerging districts. For those who understand this market, the timing and potential here are exceptional.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1972
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 4
Features
- Common walls with other units/homes: No Common Walls
Interior Area
- Total structure area: 5,648
- Total interior livable area: 5,648 sqft
Property
Details
- Parcel number: 040231016
- Special condition: Standard
Features
- Entry location: 1
- Pool features: None
Lot
- Lot size: 14.09 Acres
- Features: Agricultural,Ranch
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Earthquake
- Inland Flooding
- Drought
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Luis Obispo County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $21,995 | $263,940 |
| Home Insurance * | $995 | $11,940 |
| Property Taxes | $2,320 | $27,840 |
| Electricity | $1,211 | $14,533 |
| Total | $26,521 | $318,252 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $4,500,000 |
| 2026-01-28 | Price change | $4,750,000 |
| 2025-12-08 | Listed for sale | $4,900,000 |
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