Productive Young Vineyard Under Contract- $1,250,000


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Offered for sale by the Paso Robles Agricultural Education FFA Foundation


This very nice parcel is triangular shaped and has wide frontage on Creston Road. There is a young and very productive vineyard that includes 7.56 acres of Syrah and 21.6 acres of Cabernet Sauvignon. The Cabernet Sauvignon is sold to J. Lohr Winery and the Syrah to Fetzer. The vines are on a double Cordon trellis system with 8’ rows and 6’ vine spacing. All vines are grafted to disease resistant root stock. Irrigation water is supplied by a deep well near the road and pressure pumped into a drip system throughout the vineyard. The well was drilled by Filipponi & Thompson in 1999, with a 15” hole, 8” PVC casing to a depth of 520’, and the standing water lever is 145’ with the pump set at 260”. A 3” 30 hp. Pump is estimated at 200 GPM. A new pump was installed in June of 2007. A waterway traverses the northerly portion of the property and a large earth dam impounds a nice sized Pond. Water flows through the pond all the time from a warm water Artesian well on a parcel to the east of subject property.
There is a Conservation Easement that encumbers this property which includes some development restrictions. Any development on the property must first be approved by the San Luis Obispo Land Conservancy. It is herein agent’s understanding that up to 10,000 sq. ft. building can be constructed on this parcel. Uses that may be approved would include: Winery, Tasting Room and Shop. No residential development can occur on this property as defined in the Conservation Easement.
 




 

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This information is considered to be correct but has not been verified by Bob Graham Realty, Inc.