12487 Avenue 14, Madera

$12,141,440

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629.30

Acres

About 12487 Avenue 14

.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.

Features of 12487 Avenue 14

MLS® # ML81897436
Price $12,141,440
Bathrooms 0.00
Acres 629.30
Type Commercial Sale
Status Active

Community Information

Address 12487 Avenue 14
City Madera
County Madera
Zip Code 93639

Amenities

Utilities Electricity Available
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed June 22nd, 2022
Days on Market 1200
Zoning ARE-40
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMick Pfaff
OfficeSotheby's International Realty

Listing Map

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