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$ 3,260,000
Est. payment | /mo
138.71 Acres Lot
$ 3,260,000
Est. payment | /mo
138.71 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82042318
HOA Y/N No
Lot Size 138.710 Acres
Property Description
The Doud 1 Ranch is a 119-acre Arroyo Seco vineyard with 99 acres planted to Clone 4 Chardonnay. The vineyard was planted in 1996-1997 in a region known for excellent water quality and quantity, providing outstanding value for its combination of fruit quality and price along the Central Coast. The fruit from this vineyard is a critical component to sellers chardonnay program, so the seller is willing to lease back the property for 3 years at a pre-established rental rate. This is a great opportunity to purchase the property with excellent water resources, have an immediate cash return on investment, while allowing time for the overall winegrape market to improve.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning F/40
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Electricity Available
Present Use Agricultural
Building
Water Well
Schools
School District Other
Others
Tax ID 419501001
Listed by Joe Piini Piini Realty #01889295
Nearby Locations
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