Prime Adelkaide Land
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9308 Chimney Rock Road, Paso Robles, CA 93446

$3.9M6bd · 4ba · 2,720 sqft
Lot 3,746,160 sqft•Single Family Residence•
Active
•372d on market•MLS# NS-25231054

Property Description

PRICE REDUCED! Take a look at this 86 acre parcel in the heart of the Adelaide! Overlooking neighboring vineyards & adjoining the Starr Ranch, now owned by Justin Vineyards, this property is prime for development Currently used for cattle grazing there once was a small vineyard so it is deer-fenced and has 4 wells, 2 of which are being currently used. With two residences on the hilltop the property can be enjoyed while planning your dream home with incredible panoramic views. No sign on the property but it is easily identified as it is directly across from the Adelaide Schoolhouse.

Features & Amenities

FeeBuilt 1999

Property Details

Land Type
Fee
Year Built
1999
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Mountain(s), Panoramic, Valley, Vineyard
Flooring
Vinyl, Carpet
Roof
Composition
City
Paso Robles
Zip Code
93446
County
San Luis Obispo
Listed byUnknown Office, James Irving

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$19,720.52
Principal & Interest
Loan Amount
$3,120,000
Total Interest
$3,979,388
Total Payment Over 30 Years
$7,099,388
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

9308 Chimney Rock Road, Paso Robles, CA 93446

Paso Robles · Single Family Residence

$3.9M
Luxury Tier
Beds
6
Baths
4
Sqft
2,720
Lot
86.00 ac
Year
1999
$/Sqft
$1434
Pool: No✓
Spa: No✓
View: city✓

Listed 282.4% above the median closed sale of $1,020,000. Price per sqft ($1,434) is a 269% premium to closed comps ($389). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $3.90M· $1,434/sqft
Total list price
Closed comps
vs closed median $1.02M
+$2.88M (+282.4%)
Active comps
vs active median $1.46M
+$2.44M (+167.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $605
+$829 (+137.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7172 Town CreekPaso Robles1968643,0541,742,400$868$2.65M6172
5935 AluffoPaso Robles2010542,935132,858$302$885,000864
5750 El PharoPaso Robles1981532,5963,093,631$924$2.40M9563
3557 Palazzo LanePaso Robles2026543,01410,582$456$1.37M145
3558 Palazzo LanePaso Robles2026533,07516,021$473$1.46M143
Total: 5 · Average5.23.62,934.8999,098.4$604.6$1.75M33.2
Median3,014$1.46M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5530 El PharoPaso Robles199008/06/2026532,3721,323,788$1.04M$1.00M$4220.9612668
833 Hacienda CirclePaso Robles200507/24/2026543,28620,586$1.38M$1.35M$4110.986260
5696 Loma RealPaso Robles199907/30/2026532,819108,900$1.08M$1.02M$3620.945448
791 BrahmaPaso Robles200407/14/2026532,74720,243$980,000$970,000$3530.998447
715 Oriole WayPaso Robles200705/12/2026543,16220,090$1.25M$1.25M$3971.002645
Total: 5 · Average5.03.42,877.2298,721.4$1.12M$1.12M$389—70.4
Median2,819$1.02M$1.02M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.