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Key Details
Sold Price $975,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,942 sqft
Price per Sqft $502
Subdivision Pr City Limits West(120)
MLS Listing ID PI23149977
Sold Date 01/16/24
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
HOA Y/N No
Year Built 1920
Lot Size 6,969 Sqft
Property Description
503 Oak Street & 529 5th Street, Paso Robles ** Two Transferable Vacation Rental Licenses with Ample Parking. Nestled in historic Downtown Paso Robles, this property presents an enchanting duo of homes. Both homes hold transferable vacation rental licenses, offering the versatility to either rent them together for an ideal outdoor entertainment experience or separately, each featuring its own charming fenced outdoor space for relaxation. This exceptional opportunity invites you to become the owner of a captivating Craftsman-style residence dating back to the 1920s, complemented by an additional dwelling unit (ADU) that can be seamlessly utilized for short-term rentals or as inviting guest accommodations. Set upon an expansive 6,970 square-foot corner lot with ample parking, the property boasts meticulously designed landscaping, thoughtfully emphasizing low-maintenance living. 503 Oak Street, the primary residence, showcases two generously appointed bedrooms and one bathroom. As you approach the inviting front walkway, with its beautifully maintained landscaping, the property's curb appeal is immediately striking. A welcoming covered country porch entices relaxation while providing scenic neighborhood views. Stepping inside, you'll encounter the perfect fusion of 1920s charm and modern upgrades. The living room exudes warmth and hospitality, boasting hardwood flooring that flows gracefully into the dining room. An inviting glass door leads to a sun-drenched sunroom, and an abundance of windows throughout the home bathes the interior in natural light. The spacious, remodeled kitchen is a chef's delight, equipped with professional Blue Point appliances, stainless steel accents, butcher-block countertops, and a classic white subway tile backsplash. It seamlessly connects to a convenient laundry room with backyard access. Both bedrooms offer ample space, and the bathroom is elegantly appointed. A substantial basement presents endless possibilities, including the potential for a wine cellar. 529 5th Street, the second unit, adds to the property's allure, featuring one bedroom, one bathroom, a private entrance on 5th Street, and a tranquil backyard retreat. This well-appointed space serves as a cozy and luminous hideaway. Further enhancing this offering, you'll find a detached two-car garage and a versatile storage shed that can easily transform into an office or art studio.
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Zoning R2
Rooms
Other Rooms Guest House Detached, Shed(s)
Basement Unfinished
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Heating Forced Air
Cooling Central Air, Electric
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Accessibility None
Porch Concrete, Front Porch
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Guest House Detached, Shed(s)
New Construction No
Schools
School District Paso Robles Joint Unified
Others
Senior Community No
Tax ID 009254012
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Karlie Montgomery • Luxton Real Estate
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960