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38156 Elm Ave - Doud 1 Ranch 138.71 Acres of Agricultural Land Offered at $3,260,000 in Greenfield, CA 93927

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Investment Highlights

Arroyo Seco vineyard with excellent water resources

Seller lease-back option providing immediate cash return

Property Facts

Price	$3,260,000	Property Subtype	Agricultural
Sale Type	Investment or Owner User	Proposed Use	Winery or Vineyard Agricultural
No. Lots	1	Total Lot Size	138.71 AC
Property Type	Land
Zoning	F/40 - To preserve and enhance the use of prime, productive farmland in Monterey County.

Price	$3,260,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Proposed Use	Winery or Vineyard Agricultural
Total Lot Size	138.71 AC
Zoning	F/40 - To preserve and enhance the use of prime, productive farmland in Monterey County.

1 Lot Available

Lot

Price	$3,260,000	Lot Size	138.71 AC
Price Per AC	$23,502.27

Price	$3,260,000
Price Per AC	$23,502.27
Lot Size	138.71 AC

Description

The Doud 1 Ranch is a 119-acre Arroyo Seco vineyard with 99 acres planted to Clone 4 Chardonnay. The vineyard was planted in 1996-1997 in a region known for excellent water quality and quantity, providing outstanding value for its combination of fruit quality and price along the Central Coast. The fruit from this vineyard is a critical component to seller’s chardonnay program, so the seller is willing to lease back the property for 3 years at a pre-established rental rate. This is a great opportunity to purchase the property with excellent water resources, have an immediate cash return on investment, while allowing time for the overall winegrape market to improve.

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