$12,141,440
For Sale

12487 Avenue 14

Madera, CA 93639
640.00 acres | #ML82000323
Listing OfficeSotheby's International Realty
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

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 640 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 place for 100 acres, and have an initial production yield of 11.5 tons per acre. 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
      • Utility FeaturesElectricityAvailable
      • Lot DescriptionAgricultural, Level
      • ViewValley, Vineyard
      • School DistrictMadera Unified
      • Original List Price$12,141,440
      • Property SubtypeAgriculture
      • MLS #ML82000323
      • MLS #ML82000323
      • Property TypePurchase
      • Cost12141440
      • CountyMadera
      • High SchoolOther
      • Utility SourceWell
      • Acres640

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
OR

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