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Betting on a windfall: A new kind of project for Paso Robles

By   /   Monday, October 18th, 2010  /   Comments Off on Betting on a windfall: A new kind of project for Paso Robles

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Windfall Farms may one day be to Paso Robles what Montecito is to Santa Barbara — an enclave for millionaire retirees and the weekend wealthy. But the San Luis Obispo County version has a few extra country charms thrown in, like alfalfa fields, grazing cattle, wine grapes and Kentucky-style horse facilities.

The 724-acre Windfall Farms property outside of Paso Robles is a former equine breeding and training facility now being developed by Limoneira Co. as a high-end, master-planned community. Limoneira plans to divide the property into 76 individual 10-acre estates.

Limoneira and outside observers say Windfall Farms could be significant for Paso Robles, which is still riding the wave of its wine country explosion. “[Windfall] is a major development. It seems like it’s going to be a good thing for the area,” said Frank Mecham, chairman of the San Luis Obispo County Board of Supervisors and Paso Robles’ former mayor.

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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr

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