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Listed by Joe Piini • Piini Realty, DRE#01889295
$3,260,000
Est. payment /mo
138.71 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Commercial Agricultural Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82042318
Lot Size 138.710 Acres
Property Sub-Type Commercial Agricultural Land
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 South Monterey County
Zoning F/40
Exterior
Fence Partial Fencing
Utilities Available Electricity - On Site, Public Utilities
View Mountains, Valley, Vineyard
Building
Lot Description Agricultural Use, Grade - Mostly Level, Vineyard
Sewer Existing Septic
Water Well
Others
Tax ID 419-501-001
Horse Property No
Special Listing Condition Not Applicable
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