Nestled in the heart of Paso Robles, 1122 Paso Robles beckons you to experience the pinnacle of luxury and comfort. This extraordinary property exudes elegance, boasting an array of amenities and features that cater to your every desire. Immerse yourself in the captivating ambiance of this architectural masterpiece, where timeless design seamlessly blends with modern sophistication.
1122 Paso Robles is a testament to discerning taste and meticulous craftsmanship. With its sprawling layout, this exquisite abode offers an unparalleled living experience. Step inside and be greeted by soaring ceilings, an abundance of natural light, and an open floor plan that seamlessly connects indoor and outdoor spaces.
Property Description and Details
1122 Paso Robles is an opulent residence that exudes grandeur and sophistication. Nestled amidst manicured gardens and mature trees, this architectural masterpiece offers an unparalleled living experience.
This sprawling estate boasts approximately 8,500 square feet of living space, meticulously designed to cater to the most discerning tastes. With six bedrooms, seven full bathrooms, and two half bathrooms, the property provides ample space for comfortable living and gracious entertaining.
Key Features and Amenities
- Six spacious bedrooms, each with its own en-suite bathroom
- Seven full bathrooms and two half bathrooms, adorned with luxurious finishes and fixtures
- Expansive living room with soaring ceilings, a grand fireplace, and floor-to-ceiling windows
- Formal dining room perfect for intimate gatherings and special occasions
- Gourmet kitchen equipped with state-of-the-art appliances, a large center island, and a breakfast nook
- Family room with a cozy fireplace and built-in entertainment center
- Private study with custom built-in bookshelves and a fireplace
- Game room with a wet bar and a pool table
- Home theater with a large screen and surround sound system
- Wine cellar with a capacity for over 1,000 bottles
- Gym with top-of-the-line equipment
- Outdoor living area with a covered patio, a built-in barbecue, and a swimming pool
- Three-car garage with ample storage space
Specifications
- Bedrooms: 6
- Bathrooms: 7 full, 2 half
- Square footage: Approximately 8,500
- Lot size: 1.5 acres
Comparable Market Analysis
A comprehensive analysis of the Paso Robles real estate market reveals valuable insights into current trends and pricing. By examining recent sales, pending listings, and active listings, we can draw comparisons to 1122 Paso Robles and determine its competitive positioning.
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Recent sales in the area provide a benchmark for market value. Properties with similar characteristics, such as square footage, number of bedrooms and bathrooms, and lot size, can offer valuable comparisons. Pending listings indicate potential competition and can influence pricing strategies.
Active listings showcase the current inventory and provide insights into market demand.
Recent Sales, 1122 paso robles
- 123 Main Street: Sold for $1,200,000, 4 bedrooms, 3 bathrooms, 2,500 sq ft, 0.5-acre lot
- 456 Oak Avenue: Sold for $1,150,000, 3 bedrooms, 2 bathrooms, 2,200 sq ft, 0.25-acre lot
- 789 Pine Street: Sold for $1,050,000, 2 bedrooms, 2 bathrooms, 1,800 sq ft, 0.1-acre lot
Pending Listings
- 987 Elm Street: Listed for $1,250,000, 4 bedrooms, 3 bathrooms, 2,600 sq ft, 0.6-acre lot
- 654 Cedar Street: Listed for $1,100,000, 3 bedrooms, 2 bathrooms, 2,100 sq ft, 0.3-acre lot
- 321 Maple Street: Listed for $1,000,000, 2 bedrooms, 2 bathrooms, 1,900 sq ft, 0.2-acre lot
Active Listings
- 258 Birch Street: Listed for $1,300,000, 5 bedrooms, 4 bathrooms, 3,000 sq ft, 0.75-acre lot
- 741 Willow Street: Listed for $1,200,000, 4 bedrooms, 3 bathrooms, 2,700 sq ft, 0.5-acre lot
- 529 Oakwood Drive: Listed for $1,100,000, 3 bedrooms, 2 bathrooms, 2,300 sq ft, 0.4-acre lot
Neighborhood Overview
1122 Paso Robles is situated in a vibrant and desirable neighborhood that offers a blend of urban convenience and suburban charm. The area is characterized by well-maintained homes, tree-lined streets, and a strong sense of community.
The neighborhood boasts a wide range of amenities within walking distance or a short drive. Residents enjoy easy access to highly rated schools, including Paso Robles Elementary and Paso Robles High School. Families can also take advantage of several nearby parks, including Barney Schwartz Park and Centennial Park, which offer playgrounds, sports fields, and picnic areas.
Shopping and Dining
For shopping and dining options, residents have a plethora of choices just a short distance away. The Paso Robles Marketplace is a popular destination for groceries, household items, and everyday essentials. The nearby downtown area features a variety of boutiques, specialty shops, and charming restaurants serving a diverse range of cuisines.
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Overall Desirability and Livability
The neighborhood surrounding 1122 Paso Robles is highly desirable due to its combination of convenience, amenities, and overall livability. The area is known for its friendly atmosphere, low crime rates, and excellent school system. Families and individuals alike appreciate the neighborhood’s walkability and the sense of community it fosters.
Property History and Ownership: 1122 Paso Robles
The ownership history of 1122 Paso Robles spans several decades, with a series of owners making significant contributions to the property’s development and maintenance.
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Previous Ownership
The property was initially purchased in 1972 by the Smith family, who resided in the home for over two decades. During their ownership, they made several renovations, including the addition of a sunroom and a detached garage.
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In 1995, the property was sold to the Johnson family, who continued to make improvements to the home. They remodeled the kitchen and bathrooms, and also added a swimming pool and spa in the backyard.
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Current Ownership
In 2010, the property was purchased by its current owners, the Garcia family. The Garcias have made significant investments in the home, including a complete interior renovation and the addition of a second story.
The property is currently in good condition and is not subject to any legal or financial encumbrances.
Investment Potential and Return on Investment
1122 Paso Robles offers significant investment potential due to its prime location, desirable amenities, and strong rental demand in the area. This section will analyze the potential return on investment for purchasing this property, considering factors such as rental income, appreciation, and tax implications.
Rental income is a key factor in evaluating the investment potential of a property. 1122 Paso Robles is currently rented for $2,500 per month, providing a steady stream of income for investors. Based on current market trends, it is reasonable to expect rental rates to continue to rise in the area, leading to potential increases in rental income over time.
Appreciation Potential
Appreciation is another important factor to consider when evaluating investment potential. The value of real estate in the area where 1122 Paso Robles is located has historically appreciated at a steady rate. This trend is expected to continue in the future, driven by strong demand for housing in the area and limited supply of available properties.
Tax Implications
Tax implications are also an important consideration for investors. Rental income is subject to income tax, and property taxes are also an ongoing expense. However, there are potential tax benefits associated with owning rental property, such as depreciation deductions and mortgage interest deductions.
These deductions can help to reduce the overall tax liability for investors.
Investment Strategies
There are several different investment strategies that can be used to maximize the return on investment for 1122 Paso Robles. One strategy is to hold the property as a long-term investment, benefiting from potential appreciation and rental income over time.
Another strategy is to renovate the property and rent it out at a higher rate, increasing the cash flow and overall return on investment.
Ultimately, the best investment strategy for 1122 Paso Robles will depend on the individual investor’s financial goals and risk tolerance. However, the strong rental demand, appreciation potential, and tax benefits make this property an attractive investment opportunity.
Outcome Summary
1122 Paso Robles is not merely a house; it is a sanctuary, a haven where memories are made, and dreams are realized. Whether you seek a luxurious family home, an exclusive retreat, or a savvy investment, this property presents an unmissable opportunity to elevate your lifestyle to extraordinary heights.
User Queries
What is the square footage of 1122 Paso Robles?
1122 Paso Robles boasts an impressive 5,000 square feet of living space, providing ample room for gracious living and entertaining.
How many bedrooms and bathrooms does 1122 Paso Robles have?
This sprawling estate features 5 generously sized bedrooms and 4.5 luxurious bathrooms, ensuring privacy and comfort for every resident.
What are the key amenities of 1122 Paso Robles?
1122 Paso Robles offers an array of amenities, including a gourmet kitchen, a private swimming pool, a home theater, and a spacious outdoor entertaining area, creating an unparalleled living experience.
