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Listed by Mick Pfaff • Sotheby's International Realty
$12,141,440
Est. payment /mo
640 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Agriculture/Ranch Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82000323
Lot Size 640.000 Acres
Property Sub-Type Agriculture/Ranch Land
Property Description
Current Extended Winery Contracts in Place !! In a vicious market, Oberti has 2-13 year contract with major wineries + Incentives. Premier vineyard in the Central Valley with an exceptional income history. Located 100 miles due east of Santa Cruz, Madera is warm, sunny, and flat with the right combination of soil type, rock/mineral deposits, and altitude.Set on approximately 640 acres of contiguous land, J. Oberti Vineyards has a reputation for consistent quality and high volume production of Grenache, Merlot, Chardonnay, and Rubired grapes .Wells are generating over 8,000 GPM of single-line drip irrigation from a 16,000-sq ft reservoir. For future requirements, you have (2) additional unconnected wells. New Chardonnay vines in place for 100 acres, and have an initial production yield of 11.5 tons per acre. Infrastructure includes a 4400 sq ft maintenance shed in a 42,000 sq ft staging area.J.Oberti Vineyards has current contracts with major wineries for guaranteed pricing. Contracts run from the 2024 season and all are established with escalating base rates over the individual contract periods.
Location
State CA
County Madera
Zoning ARE-40
Exterior
Fence None
Utilities Available Electricity - On Site, Public Utilities
View Valley, Vineyard
Present Use Agricultural,Vineyard
Building
Lot Description Agricultural Use, Grade - Level, Pond On Site, Surveyed
Sewer Septic Connected
Water Irrigation Water Available, Reservoir, Water On Site, Well
Others
Tax ID 043-044-005
Horse Property No
Special Listing Condition Not Applicable
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