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503 Oak Street & 529 5th Street, Paso Robles ** Two Transferable Vacation Rental Licenses with Ample Parking. Nestled in historic Downtown Paso Robles, this property presents an enchanting duo of homes. Both homes hold transferable vacation rental licenses, offering the versatility to either rent them together for an ideal outdoor entertainment experience or separately, each featuring its own charming fenced outdoor space for relaxation. This exceptional opportunity invites you to become the owner of a captivating Craftsman-style residence dating back to the 1920s, complemented by an additional dwelling unit (ADU) that can be seamlessly utilized for short-term rentals or as inviting guest accommodations. Set upon an expansive 6,970 square-foot corner lot with ample parking, the property boasts meticulously designed landscaping, thoughtfully emphasizing low-maintenance living. 503 Oak Street, the primary residence, showcases two generously appointed bedrooms and one bathroom. As you approach the inviting front walkway, with its beautifully maintained landscaping, the property’s curb appeal is immediately striking. A welcoming covered country porch entices relaxation while providing scenic neighborhood views. Stepping inside, you’ll encounter the perfect fusion of 1920s charm and modern upgrades. The living room exudes warmth and hospitality, boasting hardwood flooring that flows gracefully into the dining room. An inviting glass door leads to a sun-drenched sunroom, and an abundance of windows throughout the home bathes the interior in natural light. The spacious, remodeled kitchen is a chef’s delight, equipped with professional Blue Point appliances, stainless steel accents, butcher-block countertops, and a classic white subway tile backsplash. It seamlessly connects to a convenient laundry room with backyard access. Both bedrooms offer ample space, and the bathroom is elegantly appointed. A substantial basement presents endless possibilities, including the potential for a wine cellar. 529 5th Street, the second unit, adds to the property’s allure, featuring one bedroom, one bathroom, a private entrance on 5th Street, and a tranquil backyard retreat. This well-appointed space serves as a cozy and luminous hideaway. Further enhancing this offering, you’ll find a detached two-car garage and a versatile storage shed that can easily transform into an office or art studio.
Listing agent: Brooke Sutton DRE #01411266 brooke@richardsonproperties.com, Listing office: Richardson Sotheby's International Realty
MLS data updated 10/19/2026, 3:35:26 AM PT
Source: CRMLS, MLS #: PI23149977
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 16, 2024
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This home · nearest recorded event
$975,000Closed sale · Jan 16, 2024ZIP 93446 · Jan 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.