This ranch is a great opportunity to purchase a 34+/- acre high density, new Cabernet Sauvignon vineyard. This grape is the king of all red grape varieties. Cabernet is crushed virtually at every winery in the state of California. It is the most cherished and valuable variety grown in the wine country. Owning a Lake County Cabernet Sauvignon vineyard puts the ranch owner in the elite status of premium California vineyard ownership.
Osprey Vineyards is a picturesque vineyard property located in the Big Valley adjacent to the Kelsey Bench. The northern portion of 22+/- acres was largely planted in 2016 and 2017. The northern portion is estimated to produce 95 tons this year, with the full 9 tons per acre being realized in 2021. The vineyard was designed to produce twice as much premium fruit per acre when compared to an average Cabernet Vineyard. The high density of 1,815 vines per acre, the exacting selection of clones and rootstocks, and the meticulous cane-pruned and vertically trellised vines makes this vineyard state of the art.
The water sources on the ranch include 3 AG wells, an off-stream reservoir and pumping station, and domestic wells for the residences. Structural improvements to the ranch include a comfortable two-bedroom residence, a residence garage and attached studio, a vineyard shop, two large Quonset hut shop and equipment structures, an RV rental site with hook-ups and other miscellaneous outbuildings.
A proforma cap rate ranging from 9-21%, based on yearly market conditions, will be regularly attainable. Investors should note the extremely high return on investment this vineyard opportunity has to offer.
- 34 acre Cabernet Sauvignon Vineyard
- Proforma cap rate of 9-21%
- 22 acres of 8×3 high production cabernet 3rd leaf
- Well, pond, drip and overhead sprinklers
- Small ranch house
- Two legal parcels
Presented at $1,575,000