Pinot Grigio LEASE SALE

180.6 Acres of Agricultural Land Offered at $1,796,970 USD in Walnut Grove, CA 95690

Asking Price $1,796,970

Property Type: Land

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Property Info

Property Overview

Where can you step into a fully producing Pinot Grigio vineyard for less than it costs to develop it? This 180+/- acre lease will take you straight to harvest… for the next 15 years (2037 will be the last harvest under the lease). The 2023 production was 1,080+/- tons! Grapes are currently contracted at $600 per ton – that is over $640,000+/- in gross revenue last year. Major improvements made to the 8+/- year old vineyard in the last 2 years including 15,000+/- replants. Property currently serviced by inexpensive riparian water and enjoys North Delta Water Agency rights. Soils consist of Sailboat silt and Scribner clay loams. Ask your accountant if you can depreciate a vineyard lease purchase – I think you will be pleasantly surprised.

Property Details

Property Subtype: Agricultural

Highlights

180+/- Acres LEASE SALE
Pinot Grigio
15,000+/- replants

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