Description
An incredible investment opportunity in the new SLO Coast AVA, this 83+ acre vineyard property in the Trilogy at Monarch Dunes community is entering its prime production years. Located in premium Pinot Noir country, the asking price pencils out to under replacement cost. Varieties include Pinot Noir (47.4 acres), Chardonnay (31.1 acres), Gewurztraminer (1.1 acres), and Albarino (3.4 acres). Boutique producers sharing comparable weather conditions include Alban, Presqu'ile, Sanford, and Chamisal Vineyards. Modern and efficient, you'll find 7 x 4 spacing throughout. The 2022 harvest generated 56 tons at $2,000-$2,600/ton from high-end grape buyers. The property would be an exceptional cool climate resource for winemaking programs seeking to create sparkling wines, a vineyard designate label, special wine club selection, or wine to target the 1,300+ homeowners at Trilogy. Investors can also capitalize from agricultural tax advantages. Plentiful water for the vineyard is provided by woodland mutual water company. While accessible from Trail View Place and a number of roads within the Trilogy development, there are no special rules or HOA regulations related to the property. If you're seeking to own consistently in-demand grapes, you found the perfect Central Coast vineyard property for years of generous returns.