12487 AVENUE 14
Madera, CA 93639
629.30 acres | #ML81897436
Description
HUGE PRICE REDUCTION BY MOTIVATED SELLERS: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 630 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 the final planting stages on approximately 100 acres, offering potential for future income. 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.
Property Details
- Acres629.3
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesElectricityAvailable
- Utility SourceWell
Community and Neighborhood Details
- CountyMadera
Financial Details
- Original List Price$17,500,000
Other
- MLS #ML81897436
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Mick Pfaff (#ML482470)
Listing Office: Sotheby's International Realty (#ML39169)
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