Vineyard for Sale In Paso Robles

 

EXECUTIVE SUMMARY

Pacifica Commercial Realty is pleased to exclusively represent Calverne Sayler for the sale of his vineyards located at 6955 Estrella Road, Paso Robles, CA, in the heart of the Paso Robles AVA.

The entire Property contains of 95.9 acres in two legal parcels.  APN 019-071-070 is 14.5 acres and APN 019-071-071 is 81.4 acres.  It has been planted with 46.4 acres of Cabernet Sauvignon, 18.6 acres of Merlot, and 1.0 Syrah grapes, at 6 X 10 spacing, 726 vines per acre.  The 2013 harvest was not documented and was very low.  The 2013 harvest of 256.77 tons, 3.89 tons per acre, was sold to Castoro Cellars and Sextant winery.

A vineyard re-invigoration program under the direction of Kesselring Vineyard Management Services was initiated in late spring of 2014.  The 2014 harvest is estimated that it will be 3 tons per acre.  The target for future yields is a range of 4.5 to 5.5 tons per acre.  Some replanting and replacement planting is under investigation.

Other improvements on the property include a ranch house, modular house, barns stables and riding arenas.  The equestrian center and ranch house is currently leased to an equestrian operator for $5,500 per month.

There are two wells a large agricultural well tested at 257 gallons per minute, and a small well that serves the houses and equestrian area that tested at 16 gallons per minute.  There is an irrigation pond that approximately measures 150’ by 250’ with liner.

The Property is enrolled in the Williamson Act.

 

The Owner is offering the Property for sale at $3,250,000.

 

LOCATION

The Property is located at 6955 Estrella Road, Paso Robles, CA, 4.0 miles east of US 101, 3.5 miles north of Highway 46 east and 1.5 miles from the intersection of Airport and Estrella Roads.

There are other vineyards and wineries in the immediate area including J. Lohr, Riverstar, Castoro Vineyards, and Silver Horse.

 

The vineyard is in the “Paso Robles” AVA and may, in the future, also be located in the “Estrella” AVA

 

LOCATION MAP

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AERIAL MAP

 

 Google Earth location

 

 

PHOTOGRAPHS

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RANCH MAP

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PROPERTY DESCRIPTION

The property is a working vineyard, improved with perimeter fencing, internal road, wells, water storage distribution and irrigation system, equipment barn, and various residences.

Parcel 1, APNs 019-071-070 & 071. Contains +/- 95.9 acres and is accessed from Estrella Road.  The Parcel slopes from the entry point at Estrella Road 3,000 feet to the south to the top of the northerly bank of the Estrella River.  The south facing slope drops 70 feet from the road to the river.

The Property is developed with +/- 66 acres of vineyards and a +/- 11.5 acre ranch headwuarters and equestrian center.  2 Acres are developed with an irrigation pond, with the remaining land used for internal farm roads and river.

The Property has a gentle slope with a seventy foot elevation change from the lowest to the highest elevation on each parcel. The soil designation is primarily;

  • Arbuckle-San Ysidro Complex 21%
  • Hanford and Greenfield gravely sandy loams 50%
  • Pico fine sandy loam 16%

There is three phase electrical service from Pacific Gas and Electric which bisects the parcel.  Television and Internet services are accessed via satellite providers.  There are on-lot septic systems installed for the house and ranch facilities.  There is no natural gas service on the Property.

The Property is located in flood zone”A” and area “X” according to the National Flood Insurance Rate Maps, San Luis Obispo County.

The Property is zoned “AG” General Agriculture with an “AR” overlay, Airport Review.

 

Vineyards

Vineyard Map

The vineyards were planted in 1999, with 726 vines per acre.

Vineyard Specifications are;

Block 1                  15.5 Acres           Cabernet             1999       10’ X 6’                  337                          5BB

Block 2                  13.6 Acres           Cabernet             1999       10’ X 6’                  8                            5BB

Block 3                  18.7 Acres           Merlot               1999       10’ X 6’                  50% 181, 50% 3               1103P

Block 4                  13.4 Acres           Cabernet             1999       10’ X 6”                 3.3 ac. 337; 10.8 ac. 8       1103P

Block 5                  6.3 Acres            Cabernet             1999       10’ X 6’                  337                          1103P

Block 6                  0.3 Acres            Syrah                1999       10’ X 6’                  unknown

The trellis system consists of a vertical shoot positioning (VSP) system which includes, metal end posts, metal trellis stakes at every vine, adjustable clips, a single cordon wire, a drip line support wire, and two sets of double-catch wires.  The trellis system also supports micro sprinklers for frost protection although this system is not operative.

The vineyard was farmed organically from 2010 to 2013.  The organic practices were terminated in 2014 to promote a re-invigoration program for the vines.  The historical production ranged from 2 to 4 tons per acre.   Weight certificates from the 2012 harvest document that Castoro Cellars and Sextant winery received a total of 256.77 tons of grapes, which calculates as 3.89 tons per acre.  The 2013 harvest was not documented and the yields were extremely low.  The return to traditional farming practices, along with the vineyard re-invigoration program will increase the probable annual yield in the future to a range of 4.5 to 5.5 tons per acre.

Under the direction of Bill Kesselring of Kesselring Vineyard Management Services, a vineyard re-invigoration program was started in the late spring of 2014.  Traditional vineyard practices have been reinstated  instead of the organic practices used in the past few years.  The vines have responded quickly, and Kesselring estimates that the 2014 harvest will yield approximately 3 tons per acre. Further a re-planting program is scheduled for early 2015.  A count of these replacement vines is forthcoming.

A system of wind machines is also being considered to protect the lower blocks from frost damage.

 

Ranch Improvements

The Primary residence contains +/- 2,818 square feet of living space with three bedrooms and four bathrooms.  The kitchen is improved with top-of-the-line appliances and granite countertops.  There are two rock fireplaces. The residence also includes a wood deck, a 240 square foot wine cellar and an attached carport. The residence has a stucco exterior with a tile roof.

The second residence is an 1,100 square foot modular home with three bedrooms and two baths.  It is occupied by the Seller’s grandson who is serving as the ranch manager.

There is a third residential unit of 990 square feet with two bedrooms and one bath.

A fourth residence of 1,160 square feet is currently uninhabitable.

The Equestrian Facility is comprised of two horse barns, a hay barn, round pen and two cutting arenas;

  • 7,434 SF Barn with 20 stalls and lights,     160’ round pen
  • 4,992 SF Barn with 15 stalls, wash area, tack room and office        95’ X 100” lighted arena
  • 5,920     SF Hay Barn with canopy cover  155’ X 300’ cutting pen, and a 100’ X 100” cutting pen.

 

The homes and equestrian facilities (with the exception of the modular home) have been leased to one operator for 6 years.  The current rent is $5,500 per month.

Water

The ranch has 2 producing wells;

  1. Agricultural Well; 485 foot deep well, 6” casing, 75 HP Newman pump, four hour pump test on May 9, 2014 by Miller Drilling indicated a production of 256.8 gallons per minute, pumping level 318.52’
  2. Domestic Well; producing from a depth of 260 feet, with a 4 hour pump test on May 9, 2014 by Miller Drilling and production of 16 gallons per minute, with a 2hp pump and a 5” casing.
  3. Pond; A 2.2 acre site is developed with an irrigation pond that is approximately 150’ X 250’ of surface area.
  4. Sand Filter System; filters water before it is distributed through the irrigation system.

The Property is subject to the Paso Robles ground water basin “Urgency Ordinance”, which restricts new vineyard plantings and additional development on the site.  A more detailed explanation is available at http://pasowinerealestate.com/frequently-asked-questions-concerning-paso-robles-groundwater-basin-ordinance-2/.

 

The Property is subject to A Williamson Act Ag Preserve agreement with the County.

 

 Call Pacifica Wine Division (805) 237-4040 to request a showing