luxury farmhouses for sale San Luis Obispo County, United States

Extraordinary Central Coast Development Opportunity Windfall consists of 724 contiguous acres of rolling terrain in the up-and-coming Paso Robles American Viticulture Area (“AVA”), which was voted the “Best Wine Region” for 2023 in USA Today. The Company acquired this ranch in 2009 through an agreement assigning all ownership interest in Windfall to LMNR. Because of its good water resources LMNR has developed 389+/- acres of high quality wine grapes. There is substantial infrastructure built on the property from previous equestrian activities utilizing approximately 92+/- acres. Buildings include a luxury residence and multiple high-quality barns, all well suited to alternate uses. Windfall has seven wells, four of which are currently operating and three more are bored and cased. There is a substantial aquafer with approximately 7,000 gallons per minute of available water. Additionally, the property has an approved subdivision plan for the entire property for 76 buildable parcels, each approximately 10 acres in size. Title for each parcel had been reviewed by LMNR counsel with no deficiencies found.

Historic O'Connor Ranch Nestled in the heart of San Luis Obispo, California, 1498 O'Connor Way is a distinguished property that offers a unique blend of historical significance and modern amenities. Once part of the esteemed O'Connor Ranch, founded in the 19th century, this estate carries a legacy of ranching excellence. The original headquarters of the O'Connor Ranch is featured in Myron Angel's ''History of San Luis Obispo County,'' highlighting its historical importance. The expansive 189-acre property offers breathtaking views, including a portion of Cerro Romualdo, one of the renowned ''Seven Sisters'' of San Luis Obispo. The estate comprises residences, barns, and various outbuildings, providing ample space for diverse living arrangements and agricultural pursuits. The main residence exudes historic charm and warmth. Additional structures include a second farmhouse, a bunkhouse, a rustic wood cabin, two barns, and a structure that could easily be converted into a 12 stall barn and horse facility complete with a one-acre arena, catering to equestrian enthusiasts and those seeking a serene rural lifestyle. The property is currently being used for cattle grazing and in combination with the dwellings provides multiple income streams. This property presents a rare opportunity to own a piece of San Luis Obispo's rich history while enjoying the comforts of modern living amidst picturesque surroundings. Centrally located ten minutes from downtown San Luis Obispo and 15 minutes from the ocean and popular Morro Bay. Being 3 hours from the Bay Area and Los Angeles and only 2 hours from Bakersfield, the property offers the perfect weekend getaway or family compound. Please call us to set up a tour. Property Highlights: 189+ Acres near San Luis Obispo, CAViews5 ResidencesMultifamily12 Stall Horse BarnFenced for CattleCentrally located ten minutes from downtown San Luis Obispo15 minutes from the ocean and popular Morro Bay