State Highway 29
Calistoga, CA 94515
178 Acre TAG RANCH · Land For Sale · 178.00 AC

DESCRIPTION: The 178± acre TAG Ranch in Napa Valley may be one of the largest properties for sale within a ten minute drive of historic Calistoga, at a price of less than $10,700 per acre. TAG Ranch is located at the north end of Napa Valley, with gated entry along Lake County Highway 129. The Knighton Family Vineyard is adjacent to the northern boundary and Jericho Canyon Winery is near the southeast boundary. The ranch has been used historically for grazing and does not have any improvements. There are two legal lots of record – 80 acre Parcel A and 97 acre Parcel B. According to Napa County Planning Department, each parcel can accommodate a home. TAG Ranch is being offered in its entirety, with option to submit bids on Parcel A or Parcel B. Sales of parcels to different owners will require road use and water sharing agreements. There is a spring located on a .78 acre parcel one-half mile north of the ranch by Highway 129, which is part of the TAG Ranch property. The spring has a distribution system that also provides water to other owners, as well as TAG Ranch. There are a number of water risers located on the eastern portion of the property, as well as along the western section of Parcel B. A pump will be needed to provide water to Parcel A. It is estimated that the spring has sufficient water, after diversion for the two homes and irrigation water for small vineyards to be developed at TAG Ranch. Details regarding water rights are included in the Supplemental Information Package. The ranch has a system of dirt roads that provide access from the gated entry from Lake County Highway 29 to the eastern section of the ranch, and cross a culvert on a small year round creek that runs north-south. There are several open meadows on both parcels that are good sites for a home with outbuildings of studio, shop, or horse barn. Soils are primarily Boomer gravelly loam, which are well-drained and used for vineyards in this part of Napa Valley. There are a number of sites suitable for development of a small vineyard of 4.5± acres. Soil name, type, and slope level map is included in Supplemental Information Package. Topography ranges from 800± to 1,350± feet, with rolling to moderate southeast and southwest facing slopes. Old Lawley Toll Road, which is gated, is located near the northeast corner. Seller has established a bulk published reserve price of $1,897,500, or less than $10,700 per acre, with the added incentive of Seller financing with a 35% down payment, to accelerate a sale by year end. Acquisition of the 178± acre TAG Ranch at this value is a rare buying opportunity in Napa Valley.