38156 Elm Ave, GREENFIELD, CA

$3,260,000

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138.71

Acres

About 38156 Elm Ave

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.

Features of 38156 Elm Ave

MLS® # ML82042318
Price $3,260,000
Acres 138.71
Type Commercial Lots and Land
Sub-Type Commercial Agricultural Land
Status Active

Community Information

Address 38156 Elm Ave
Area South Monterey County
City GREENFIELD
County Monterey
State CA
Zip Code 93927

Amenities

Utilities Electricity - On Site, Public Utilities
View Mountains, Valley, Vineyard
Is Waterfront No
Has Pool No

Exterior

Lot Description Agricultural Use, Grade - Mostly Level, Vineyard

Additional Information

Zoning F/40
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJoe Piini
OfficePiini Realty
Contact Info831-422-5327

Listing Map

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