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38156 Elm Ave
Greenfield, CA 93927

$3,260,000 USD

Land For Sale  •  138.71 AC

Property Details

  • Property Type Land
  • Lot Size 138.71 AC
  • Zoning F/40
0 Walk Score

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 seller’s 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.  The subject property includes three APN's: 419-501-001, 221-011-043 & 221-011-044.

Highlights

Arroyo Seco vineyard with excellent water resources
Seller lease-back option providing immediate cash return
Greg Piini 831-422-5327 Piini Realty
Greg Piini 831-422-5327 Piini Realty