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8687 O Donovan, Creston, CA 93432

$1.5M8bd · 3ba · 2,947 sqft
Lot 2,161,883 sqft•Single Family Residence•
Active
•29d on market•MLS# NS-26201761

Property Description

A truly unique opportunity awaits in the peaceful countryside of Creston, California, just minutes from the renowned Paso Robles wine region. This expansive 49.63-acre property offers a rare combination of aviation amenities, a potential hilltop building site, rental income, and open space, with tremendous potential for the right buyer. At the heart of the property is a private airstrip, accompanied by four hangars, creating an exceptional opportunity for aviation enthusiasts, aircraft storage, or those seeking a private aviation lifestyle. The property's aviation infrastructure adds a level of versatility and distinction rarely found in the area. The property also offers three separate residences, including a 4 bedroom/1.5 bath home originally built in 1905 and two additional mobile homes each having 2 bedrooms/1 bath. All three residences are currently rented, providing an established income stream.  This property presents an exciting opportunity for someone with the vision to restore, improve, and make the most of its unique features and substantial acreage. Creston is a historic community with a rich agricultural and Western heritage, known for local favorites including the Loading Chute restaurant, Long Branch Saloon, and the Creston Rodeo. The property's location offers the opportunity to become part of this distinctive rural community while remaining close to the attractions and amenities of Paso Robles wine country. This is not a turnkey property—it is an opportunity. For the buyer willing to put in the work, the possibilities are exceptional. Whether you're an aviation enthusiast, investor, or someone looking for a property with character, income, acreage, and room to create your own vision, this unique Creston property is ready for its next chapter.

Features & Amenities

FeeBuilt 1905

Property Details

Land Type
Fee
Year Built
1905
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Cooling
See Remarks
View
Hills, Trees/Woods
City
Creston
Zip Code
93432
County
San Luis Obispo
Listed byRE/MAX Success, Susan Kretzu

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,584.82
Principal & Interest
Loan Amount
$1,200,000
Total Interest
$1,530,534
Total Payment Over 30 Years
$2,730,534
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

Residential Tier · 0 active · 0 closed

8687 O Donovan, Creston, CA 93432

Creston · Single Family Residence

$1.5M
Residential Tier
Beds
8
Baths
3
Sqft
2,947
Lot
49.63 ac
Year
1905
$/Sqft
$509
Pool: No✓
View: Hills, Trees/Woods✓

Comparable sales support the current 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.