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Full details for Other For Sale in Nipomo, California

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Description

An incredible investment opportunity, this 83+ acre vineyard property in the Trilogy at Monarch Dunes community is entering its prime production years. The asking price pencils out to $30k per acre purchase as compared to the $55-80k average value per planted acre in the region. Varieties include Pinot Noir (47.4 acres), Chardonnay (31.1 acres), Gewurztraminer (1.1 acres), and Albarino (3.4 acres). The recent first and partial 2022 harvest generated 56 tons at $2,000-$2,600/ton with high-end grape buyers in place. Plentiful unrestricted water rights for use of the vineyard. Owners are only responsible for energy use. While accessible from Trail View Place and a number of roads within the Trilogy development, there are no special rules or HOA regulations related to the property. If you're seeking to own consistently in-demand grapes, you found the perfect Central Coast vineyard property for years of generous returns. Back to listing