8687 O Donovan , Creston, CA 93432
$1,500,000
Est. Payment: $8,182.05/mo
8 Bed
3 Bath
2947 Sqft
49.63 Acres
Status: ACTIVE | Days on site: 3
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House 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 a4 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 propertyit is an opportunity. For the buyer willing to put in the work, the possibilities are exceptional. Whether you're an aviatio

Highlights

Listed by Susan Kretzu , 805-441-8363 RE/MAX Success , 805-434-2737. San Diego County Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
49.63

Year Built

1905

County

San Luis Obispo

Neighborhood

Creston(60)

Listing ID

NS26201761

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Other/Remarks
Fireplaces:Other/Remarks
Water:Well

Exterior Features

Garage Capacity:0
Sewer:Unknown
Principal Interest
$8,182
Taxes
$956

Home Price

$1,500,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,182.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,182.05 $956.25 $0.00 $9,138.30
Yearly $98,184.55 $11,475.00 $0.00 $109,659.55
Total $2,945,536.60 $344,250.00 $0.00 $3,289,786.60

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Creston, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-05T03:59:48.000Z

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