10 best Airbnb investment opportunities | November 25, 2022
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Looking for a Paso Robles country property for a weekend getaway, vacation rental* or a full-time residence…this charming, 1950’s farmhouse with modern updates could be just the place for you! The home is situated on just under 5 acres, overlooking vines, olive trees and pastures with spectacular sunrise, sunset and city light views. The location is in a very desirable area on the westside of Paso Robles, adjacent to the West Ridge community and so close to town, shopping, restaurants and surrounding wineries. Highway access is convenient, regardless of which direction you are traveling. Relax in the bright and spacious great room with open beam ceilings, enjoy the warmth from the wood burning fireplace and take in the panoramic views of the countryside from the large picture windows. Various sitting areas, the front porch with a white picket fence enclosed yard or the private backyard and BBQ areas with landscaping and mature trees are available for your enjoyment and outdoor living throughout the year. Renovated interior features include newly painted walls, plank flooring, Milgard double pane windows, shaker style cabinetry, stainless steel appliances, farm sink, subway tile, pendant lights and ceiling fans. Storage space is abundant in the bedrooms and bathrooms and there’s more storage in the laundry room/mud room that is located off the kitchen. Exterior features include a detached “cottage” that can be used for an additional bedroom, she-shed, man cave or whatever your heart desires. A small orchard with almond, pomegranate and plum trees; as well as a garden area is part of the property. Additionally, there is a fenced pasture and shelter area for animals with an option for more pasture if needed. Room for parking is plentiful, whether it be for cars, trucks, recreational vehicles or farm equipment. The detached garage and adjoining workshop are set up with electricity and water. The entire property is fenced and cross fenced with an electric gate and lighting. You don’t want to miss out on this one of a kind property. This is a fabulous opportunity to live the peaceful, rural lifestyle and enjoy the benefits of living just minutes from town. Please be sure to view the photos and virtual tour drone video for a better look, contact me for additional details and schedule your own private showing. *For specifics regarding county vacation rentals (permits, requirements, etc.), please contact the County of San Luis Obispo.
$1,215,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $456
Expected occupancy rate: 73%
Monthly expected income: $10,125
Monthly expected expenses: $8,501
Monthly expected cash flow: $1,624
Expected cash on cash return: 6.2%
Crystal Creek runs through this fabulous property with a year-round home or RECREATION RETREAT on 8.6 acres! Enjoy ice skating on the creek all winter, snowshoeing, snowmobiling, hunting, fishing and long summer nights by the outdoor fire pit. Home easily SLEEPS 12 PEOPLE. This 3 BR 2 BA solid A Frame Cabin has a spiral stair case that goes from the finished walkout basement, through the lovely main floor and up to the loft. Main floor has a kitchen, master bedroom, full bath, dining area and spacious living room area with wood burning custom rock fireplace. Finished basement has a large den with 2 sets of bunk beds, game room area, bathroom, laundry room, storage room, vault, and one car attached garage. The spacious loft has 2 twin beds plus a private bedroom with a king sized bed. NEW DOORS, WINDOWS, SKYLIGHT make this a home ready for winter. Brand NEW DECK with built-in seating overlooks CRYSTAL CREEK, which meanders through the the beautiful meadow below.
$489,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $294
Expected occupancy rate: 72%
Monthly expected income: $6,439
Monthly expected expenses: $4,177
Monthly expected cash flow: $2,261
Expected cash on cash return: 20.1%
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