1020 & 1340 Penman Springs Rd. $20k/month Bonded Winery w/ Commercial Kitchen & Event Venue (APN:015-053-038) --- For Sale $3.95mm A premium 25.48-acre vineyard estate featuring a fully bonded winery, event venue, commercial kitchen allowing for weddings, receptions, parties, and endless expansion opportunities. Winery & Event Venue: Bonded winery (buyer responsible for license updates). Minor Use Permit allows for events such as weddings, receptions, and private parties. All properties have a Private Gate Entrance Permitted Four (4) Private Events which produce +/- $175,000/year Value-Add Opportunities: - Get approval for more than four (4) Private Events annually (neighbor is approved for up to 365 days out of the year). Could increase income by +/- $250,000/year + - Activate Winery again in approximately 90 days, which includes tasting room, memberships, restaurant, catering, etc. Income of +/- $1,800,000/year + - Approved Case Production of 20,000/year Value-Add Projected Income = $2,000,000/year + It is located along the prestigious Union Road Wine Trail in Paso Robles, and just 10 minutes from downtown Paso Robles. This fully bonded winery is a turn-key offering, featuring a complete winemaking facility, multiple structures, and a recently remodeled tasting room designed to provide an inviting and elevated guest experience. (Winemaking equipment sold separately.) This portfolio offers a rare blend of immediate income generation, agricultural and winery opportunities, and future development potential. With water rights, rental revenue, vineyard expansion capabilities, and proximity to major developments, these properties present an extraordinary opportunity in the Paso Robles wine region. We look forward to your call and invite you to schedule a showing of this amazing property. *SELLER COULD POTENTIALLY STAY ON AS A PARTNER, DEVELOPER, etc. CALL OR EMAIL FOR FURTHER DETAILS.