About 12487 Avenue 14
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.
Features of 12487 Avenue 14
MLS® # | ML81897436 |
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Price | $13,150,000 |
Acres | 629.30 |
Type | Commercial Lots and Land |
Sub-Type | Commercial Agricultural Land |
Status | Active |
Community Information
Address | 12487 Avenue 14 |
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Area | Other Area |
City | MADERA |
County | Madera |
State | CA |
Zip Code | 93639 |
Amenities
Utilities | Electricity - On Site, Public Utilities |
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View | Vineyard |
Is Waterfront | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Vineyard |
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Additional Information
Zoning | ARE-40 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Mick Pfaff |
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Office | Sotheby's Int'l Realty-Rancho |
Contact Info | 831-588-2154 |