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Coming Soon. Available to preview April 1. Welcome to 5602 Prancing Deer Place, a thoughtfully designed 2,243 sq ft fully furnished single level home offering an in-law floor plan with 4 bedrooms, 3 full bathrooms, owned solar and room to spare on 2 acres in the heart of Paso Robles wine country just minutes from award winning downtown. Currently operated as a profitable licensed VRBO; details provided upon request and with a signed NDA. Originally built to be lived in but now with two kitchens, two laundries and the ability to separate into two distinct sections, this home offers the flexibility to live in one side while offering guest quarters to family or friends. Or, generate income by renting out one side full or part time or simply continue to operate this home as your own vacation rental until you are ready to move here full time. Inside, enjoy easy access to the single level floor plan with vaulted ceiling, granite counters, wood burning fire place, ceramic tile floors, breakfast bar, KitchenAid appliances, heat pump, and ceiling fans throughout. Outside discover a patio that leads to a generous 384 sq ft gazebo with two ceiling fans to relax and entertain guests. Soak in the hot tub while enjoying the sunsets. Stay cozy, warm and toasty next to the firepit. There is plenty of low maintenance fenced area for parking RV's, trailers and boats. With additional improvements, would be ideal for horses and other animals. Private 560' deep water well with a 5,000 gallon holding tank. CalFire SLO Fire Station 52 is less than ten minutes away. If you'd rather spend your time enjoying all the laid-back lifestyle the Central Coast has to offer, you'll be close to award winning restaurants, shopping, golf, parks, hiking, and less than an hour to Lake Nacimiento, the Pacific Ocean, or Cal Poly, San Luis Obispo. As a vacation rental, this home is quite literally move in ready. All information provided by a variety of sources deemed to be reliable but has not been verified by Agent or Brokerage. Buyers should conduct their own investigations.
| Last Updated | 3/31/2026 | Year Built | 1987 |
|---|---|---|---|
| Community | PRSE - PR South 46-East 101 | Garage Spaces | 2.0 |
| County | San Luis Obispo |
Additional Details
| AIR | Central Air, Electric, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer, Washer/Dryer Stacked, Water Softener |
| AREA | PRSE - PR South 46-East 101 |
| CONSTRUCTION | Brick Veneer, HardiPlank Type |
| EXTERIOR | Barbecue, Fire Pit, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Heat Pump, Propane |
| INTERIOR | Breakfast Bar, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Master Downstairs |
| LOT | 2 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Gentle Sloping, Rectangular Lot, Sloped Up |
| LOT DIMENSIONS | 434' x 202' x 435' x 201' |
| PARKING | Attached, Circular Driveway, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, Gravel |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| UTILITIES | Electricity Connected, Propane, Phone Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills |
| WATER | Private, Well |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/31/26 11:19 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.
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