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Jennifer Hamilton, DRE#01800791, Owner/Broker
REALTOR®, CRP, GRP, Director of Relocation
(805) 543-2172 ext. 30

503 Oak, Paso Robles, CA 93446

$1,250,000
  • 503 Oak, Paso Robles, CA 93446 Main Photo

74 Photos

New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,942 MLS#NS26203242
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPR City Limits West(120) SCHOOLPaso Robles Joint Unified

Listing Courtesy of: Luxton Real Estate
Agency Phone: 805-391-0241
Associate Name: Karlie Montgomery
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Jennifer Hamilton, DRE#01800791, Owner/Broker


Property 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.

503 Oak | MLS# NS26203242

This single family home located at 503 Oak, Paso Robles, CA 93446 is currently listed for sale with an asking price of $1,250,000. This property was built in 1920 and has 3 bedrooms and 2 full baths with 1942 sq. ft. Oak is located in the PR City Limits West(120) subdivision within the Paso Robles Joint Unified school district. Search PR City Limits West(120) real estate on jenniferhamilton.farrellsmyth.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Electric
Garage: 2
Heating: Forced Air
Lot Size: 0.16 Acres
Stories: 1.0
Year Built: 1920

Amenities

All Bedrooms Down

Feature Descriptions

Appliances: Dishwasher, Disposal
Community Features: Street Lights
Days on Site: 1
Fireplace: Family Room
Laundry: Laundry Room
Lot: Corner Lot
Parcel#: 009254012
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 2
Water: Public

Local Schools

School District: Paso Robles Joint Unified

Listed By / Shown By

Listed By

Agency Name: Luxton Real Estate
Agent Name: Karlie Montgomery
Agency Phone: 805-391-0241

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Estimate Your Payment

Estimated Payment

$ 3,146.54 per month $2,781.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $364.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/18/2026. The listing information on this page last changed on 09/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/18/2026 12:31:20 AM EST) or CRMLS (last updated Fri 09/18/2026 12:15:39 AM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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