12487 AVENUE 14
Madera, CA 93639
629.30 acres | #ML81897436
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 630 acres of contiguous land, J. Oberti Vineyards has a reputation for consistent quality and high volume production of Grenache, Merlot, and Chardonnay 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 of 100 acres, offering potential for future income produced 11.5 tons / acre in first season. 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 plus inclusion of transportation costs by wineries.
Property Details
- Utility FeaturesElectricityAvailable
- Property SubtypeCommercialSale
- Original List Price$17,500,000
- MLS #ML81897436
- MLS #ML81897436
- Property TypePurchase
- Cost12141440
- CountyMadera
- Acres629.3
- Utility SourceWell
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Mick Pfaff (#ML482470)
Listing Office: Sotheby's International Realty (#ML39169)
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