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Listed by: Karlie Montgomery (805) 391-0241 DRE #01905914 | Luxton Real Estate (805) 391-0241
$1,250,000
Monthly Est:$6,222
3 Beds
- 3 Baths
2 full baths
1,942sqft
503 Oak, Paso Robles, CA 93446
$1,250,000
$6,222/moEst:
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Single Family Residence
Built in 1920
$-- HOA
6,970 sqft lot
$644/sq.ft
Description
Updated and Remodeled Downtown Income Pair with Two Transferable Vacation Rental Licenses. On a corner lot in the heart of historic Paso Robles sits a rare pairing: two updated homes, two transferable vacation rental licenses, and the freedom to run them together for group stays or apart for two income streams. The 6,970 square foot lot offers ample parking, low maintenance landscaping, a detached two car garage, and a storage shed with the bones to become an office or studio. The primary residence is a 1920s Craftsman, two bedrooms and two baths, remodeled to bring period charm up to today's standards. A landscaped walkway leads to a covered country porch, and hardwood floors carry through a warm living room, into the dining room, and out to a sun filled sunroom. The kitchen anchors the home: Blue Point professional appliances, stainless accents, butcher block counters, and a white subway tile backsplash, with laundry and direct backyard access close by. Both bedrooms are generously sized, the baths are finished with care, and a large basement leaves room for a wine cellar or future expansion. The second home, a one bedroom, one bath ADU, has its own private entrance and a quiet fenced backyard, a bright retreat suited to short term guests or visiting family. Two addresses, one lot, and licensing already in place. This is a chance to own a downtown Paso Robles income property that's been done right, with the flexibility to shape it around exactly how you want to use it.
- Houzeo last checked: 2 minutes ago
- Listing updated: November 6, 2026 at 2:06 am
- Source: California Regional MLS-CA | MLS#: NS26203242

Property Details
Status
Active Under Contract
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
1,942 sqft
Lot Size
6,970 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
NS26203242
MLS Status
ActiveUnderContract
Days on Market
50
Cumulative Days on Market
50

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Interior Features
All Bedrooms Down
Appliances
Dishwasher, Disposal
Heating
Forced Air
Cooling
Central Air, Electric
Sewer
Public Sewer
Construction
Year Built
Year Built: 1920
Home type
Single Family Residence
Foundation Details
Slab
Utilities & Energy
Pool Features
None
Laundry Features
Laundry Room
Water Source
Public
Fireplace Features
Family Room
Other Features
Lot Features
Corner Lot
Subdivision Name
Pr City Limits West(120)
Community Features
Street Lights
Price History
| Date | Event | Price |
|---|---|---|
11/05/2026 Source: | Contingent (Active Under Contract) | $1,250,000 $644/sqft |
09/16/2026 Source: | Listed for Sale | $1,250,000 $644/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 06, 2026, 11:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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