Discover the captivating coastal vineyard property located 3 +/- miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams. Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport. Situated adjacent to ANZA Vineyard Estates, this property shares borders with multi-million-dollar homes set within this prestigious community, reflecting the area's growing appeal and investment potential. Seize the opportunity to claim this extraordinary property and write the next chapter of its story.
Property Details
Property Features
Property Information:
Year Built: 1982
Stories: 1
Living Area: 1,672 SqFt
Listing Office:
Office Name: Compass
Office Phone: (707) 939-9500, 324264
Listing Agent: Matt R Sevenau, Maurice Tegelaar Maurice Tegelaar
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Other
Lot Features
Lot Information:
Lot: Other
Lot Size: 218.00 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Other
Directions Information:
Directions: Price canyon to spanish springs drive.
Price Information
Listing Price Info
Price Summary:
List Price: $8,500,000
Price Per SqFt: $5,084/SqFt
Tax Information:
Annual Amount: $65,786
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Luis Obispo, CA.
The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 12:55:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 08, 2011
Nov 08, 2011Home Sold
$11,118,219
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$65,786
$6,193,064
2020
$65,226
$6,140,383
2019
$62,974
$5,990,573
2018
$62,974
$5,873,112
2017
$61,740
$5,757,954
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$42.4K
Per Month
Principal & Interest
$42.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$25.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Shell Beach Elementary School
2100 Shell Beach Rd
Distance between this listing and this school2.59 miles
Public District Grades KG-6
5
/10
Grover Heights Elementary School
770 North Eigth St
Distance between this listing and this school2.67 miles
Public District Grades KG-6
4
/10
Grover Beach Elementary School
365 S 10th St
Distance between this listing and this school3.35 miles
Public District Grades KG-6
Nearby Schools
5
/10
Judkins Middle School
680 Wadsworth Ave
Distance between this listing and this school1.40 miles
Public District Grades 7-8
6
/10
Paulding Middle School
600 Crown Hill St
Distance between this listing and this school4.43 miles
Public District Grades 7-8
4
/10
Mesa Middle School
2555 S Halcyon Rd
Distance between this listing and this school6.87 miles
Public District Grades 7-8
Nearby Schools
6
/10
Arroyo Grande High School
495 Valley Rd
Distance between this listing and this school4.70 miles
Public District Grades 9-12
8
/10
San Luis Obispo High School
1499 San Luis Dr
Distance between this listing and this school8.23 miles
Public District Grades 9-12
9
/10
Central Coast New Tech High School
525 N Thompson Ave
Distance between this listing and this school11.54 miles
The neighbors living near this home have an average income of $122,708. The majority of San Luis Obispo, CA residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 500 Spanish Springs Dr
What is the listing price of this property?
The listing price of 500 Spanish Springs Dr property is $8,500,000.
What type of property is this?
The property 500 Spanish Springs Dr is a house located in San Luis Obispo, California, 93401.
Is this property for sale now?
Active Listing: 500 Spanish Springs Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $65,786 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 8, 2011 for $11,118,219. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 500 Spanish Springs Dr has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 500 Spanish Springs Dr is 1,672 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 500 Spanish Springs Dr is 1982.
Interested in 500 Spanish Springs Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 500 Spanish Springs Dr in San Luis Obispo, CA and zip code 93401. This 1,672 square foot home, which was built in 1982, sits on a 218.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $8,500,000.
San Luis Obispo, CA housing market in March 2024 saw over 12 listings sold above listed price, more than 5 sold at listed price and over 9 sold below. The number of listings in San Luis Obispo, CA increased by 0.8% between February 2024 and March 2024. Listings spent 20 days on the market in March 2024, and had a median list price of $985,812 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved. 
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Oldsmobile
News/Talk/Information
New Country
Oldies