These Central Coast winery & vineyard transactions represent recent sales. Every effort is made to provide current and accurate information on these transactions. Jenny Heinzen Real Estate does not warrant the information. The purpose of this list is to provide buyers and sellers with a big picture understanding of the Central Coast winery & vineyard real estate market. Buyers/sellers should not rely on these figures for due diligence or property valuation. Please get in touch with Jenny Heinzen Real Estate to receive an opinion of value and comparative market analysis (CMA) on a specific property.
Reverse Chronological Order:
Baileyana's Fire Peak Vineyard (former name), on Orcutt Road in Edna Valley, San Luis Obispo, was sold by Paragon Vineyards to Orcutt Road Ranch, a citrus farmer on 9/18/18. 188 vineyard acres, most of the vineyard was planted in the late 90s. Sold for $8,700,000.
2680 Hidden Valley Road, Templeton sold 9/14/18. 11 acre vineyard contracted to high-end local wineries with an additional 25 acres plantable. Nice 5 bedroom 3bath home, guest house and bonus room. Plus equestrian facilities. Sold for $2,700,000.
August Ridge Winery, 8790E. Hwy 41, Creston sold 9/7/18 to Joshua & Katherine Morris. 31.9± ac property, 3000+ sf farm home with 4Bd/3Ba, additional 900± sf space below the home with wine cellar and shop.11.5± ac vineyard planted with Sangiovese, Nebbiolo, Primitivo, Montepulciano & Italian clones of Cab & Merlot. 1750± sf winery & tasting room. Sold for $1,650,000
4337 South El Pomar Road, Templeton. Sold 8/31/18 after 997 Days on the market. Bed and Breakfast, 29 acre vineyard, olive trees and a horse facility sold for $3,100,000
2651 Pine Hawk Way Vineyard, Paso Robles AVA sold 6/22/18. 57+/- acres planted consisting of 37+/-acres Cabernet Sauvignon & 20 acres Syrah. Currently being farmed using Biodynamic practices; Demeter Certified & Stellar Organic Certified. Two parcels,79.8 acres & 60.1 acres totaling 139.9 acres. Two wells, including one high volume Ag well. Large irrigation reservoir for water storage. Ag barn for equipment storage. Two very nice modular homes. Sold to Castoro Winery for $2,800,000.
J&J Winery, Paso Robles sold 5/16/18. 40+/- acres with a 30 acre vineyard made up of Merlot (10.83+/- acres), Petite Sirah (10.2+/- acres) & Zinfandel (9.43+/- acres). 3,200 sf production facility, 4,800 sf temperature & humidity controlled barrel storage building, plus 4,000 sf temperature controlled case storage building, 2 bedroom apartment with office (1,100+/- square feet) & 1 bedroom detached home (856+/- square feet). Sold for $2,700,000.
Avila Vineyard (Franscioni Farm), 63950 Bernardo Road in San Ardo (Monterey County), sold 5/8/18 to a capital group on the east coast. 396 total acres with 179 vineyard acres and 42 plantable acres. Sold for $5,865,000
1350 Kiler Canyon Road sold 5/3/18 to members of Chronic Cellars and the Peachy Canyon Winery family. About 10 plantable vineyard acres at $110,000/acre. Total sale was $1,125,000
542 acres of Sierra Madre Vineyard in Santa Barbara County on Vineyard Trail Road, Santa Maria, sold 5/2/18 to Gallo. Includes the Sierra Madre trademark and 151 acres of vines (valued at approximately $65,000/vineyard acre). Blueberry land (valued at approximately $60,000/blueberry acre), will most likely will be planted to vineyard in the future. Sold for $30,200,000.
Rancho Real/Murmur Vineyard in Santa Maria sold 4/27/18 to Gallo. 436 acres with 211 vineyard acres (approximately $65,000/ vineyard acre), primarily Pinot Noir planted in 2008 along Hwy 101 in Santa Maria. Sold for $14,500,000.
Burbank Winery in Paso Robles at 5685 El Pomar Road sold 4/24/18 to "Dja Burbank Acquisitions LLC" based in Fresno. 83.5 acres, 44 vineyard acres planted with 16 varieties. Main house, gatehouse, barn apartment, 10,000 case winery and tasting room. Sold for $3,400,000.
Shandon Valley Vineyards, 2550 Truesdale Road plus several other APNs were sold by Chad Rava on 4/11/18 to a group located in Boston MA. Estimated at $70,000/acre. According to tax records, sold for $20,656,000
1565 Sutliff Road Vineyard San Miguel. Sold 4/7/18. Featured on HGTV's "We Bought the Vineyard". 23 acres with 15 vineyard acres. 2,400sf home and barn. Sold for $975,000
Pretty Smith Winery sold 4/5/18. 13350 River Road, San Miguel. 64 acres total with 45 acres previously vineyard. 2,600sf winery and 3,000sf home. Sold for $1,995,000
7410 Drake Road Vineyard, Paso Robles. Sold 3/14/18. 17.5 acres total, 11 acre zinfandel vineyard and 2,100sf home. Sold in less than a week for $999,000.
2310 Dry Creek Rd, Paso Robles. Sold 2/13/18 Paso Robles AVA Estrella District. 76 Acres in near the airport north of Hwy 46. 60 acres of vineyard mostly red varietals; Cabernet Sauvignon, Cabernet Franc, Merlot. Sold for $1,600,000.
8292 Odonovan Road, Creston. Vineyard sold 2/9/18. 300+/- acres with 114+/- acres planted and 50+/- acres plantable. Sold to J. Lohr Winery for $4,200,000.
Cross Canyons Vineyard sold 1/31/18 to Hancock Natural Resource Group. Paso Robles AVA, Estrella District, address 3330 Pleasant Rd, San Miguel. 244 acres planted in 1996 to Petite Sirah, Cabernet Sauvignon, Syrah, Tempranillo, Zinfandel, and Merlot. Sold for $8,500,000. Approximately $35,000/vineyard acre.
Heller Estate Winery, Carmel Valley sold 1/16/18 to Salinas farmer Bill Massa and his wife Laurie. The sale included 7 APNs, the Carmel Valley Village tasting room, the entire Cachagua estate, the vineyards, the winery and the wine inventory. The 998-acre Heller Estate was planted to approximately 88 acres of Cabernet Sauvignon, Merlot, Cabernet Franc, Chardonnay, Chenin Blanc, Pinot Noir, Petite Sirah, Malbec and Petit Verdot at an altitude of 1200 – 1500 feet. The vineyard has been farmed organically since 1996. Sold for $6,700,000
Poalillo Vineyards property sold 12/14/17. Address is 7970 Vineyard Drive in Paso Robles. 5,000 case winery and tasting room. 10.5 acres with 4.5 acres of dry farmed Zinfandel in the Adelaida sub appellation with a possibility to plant an additional 2 acres. Main home Tuscan style estate home. Sold for $2,400,000
2900 Gypsy Canyon Road in Lompoc. Two miles north of Highway 246, 169 acres of premium vineyard land within the STA Rita Hills Appellation. A private well tested at 30 gpm. The property includes a barn. Sold for $2,650,0000
6996 Creston Rd, Paso Robles sold 11/8/2017. 4395 sq ft home perched on a knoll on a magnificent 130 acre ranch. There are 38 acres of premium wine grapes and it has a conditional permit for a 5000 case winery with 6 large events. Brohaugh family, sold to Chad Rava Trust for $3,655,000
EO/Arciero, home of Broken Earth Winery in Paso Robles sold 10/16/2017 to Chalk Knoll Vineyards, LLC. The seller was Paso Robles-based Vantage Wine Estates and California Wine Partners. By adding Arciero Winery to their vineyard properties, Chalk Knoll hopes to expand production and increase direct-to-consumer sales. The sale does not include the Broken Earth Winery brand, however the company will remain tenants of the tasting room and production facilities on the property for a period of time. The sale includes production facilities and 60 acres of vineyard property located along CA Highway 46. Sold for $15,200,000
White Hawk Vineyard sold 8/28/17. LOS ALAMOS VALLEY-SANTA BARBARA COUNTY, 362 acres in three parcels. 75.3 acres of high quality grapes. Syrah, Chardonnay, Sangiovese and Viognier. Seller may consider selling parcels individually. 3 bedroom, 4 bath classic home, manager's house, 12-stall barn with two bathrooms and a kitchen, 6-stall barn, arena and ranch equipment. Sold for $5,375,000
Wine Horizons, 7755 Airport Road, Paso Robles sold 8/31/17 to an investment group. 40 acre property, 35 planted with Cabernet and Merlot. Nice home and shop. Short escrow, sold for $1,850,000
SAMsARA wine brand sold 8/21/2017. Santa Barbara County with a core roster of cool-climate Santa Rita Hills vineyard designates founded by Chad and Mary Melville in 2002, has sold to Joan and Dave Szkutak, long-time customers and SAMsARA wine club members.
Calera Winery sold to Duckhorn Wine Company, 8/16/2017. 11300 Cienega Rd, Hollister. 30k cases annually split between 2 brands of about 15,000 cases each.
Laird Vineyard, Adobe Road Paso Robles Estrella sub-AVA sold to Castoro Cellars 8/2/17. 120 acres with 85 acres of vineyard planted in the mid to late 1990's. Estimated at $30,000/planted vineyard acre. Sold for $2,500,000.
2800 Gypsy Canyon Road, Lompoc sold 7/18/2017. 13 acres of Pinot, Chard and Syrah in the Santa Rita AVA. 10 acres plantable. sold for $2,350,000
2600 Canada Este Road, Los Olivos sold 7/3/2017. 20 acre property with 5 acre vineyard. Sold for $2,500,000
Sweetwater Vineyard, Monterey County near King City in the Monterey AVA. 900 acre vineyard owned by Silverado Investment Management company sold 6/28/2017 to a large North American-based pension fund. Sold in the range of $54,000,000 ($60,000/acre)
855 Windwood Road sold 6/2/2017, Paso Robles hobby vineyard, boutique winery & modern estate home on 10 acres. 2,500sf house, wine cellar & wine storage, hobby vineyard with equipment. Sold in about one week for $1,275,000
Brewer-Clifton wine brand sold 5/18/2017 to Jackson Family Wines. Santa Rita Hills Pinot Noir and Chardonnay brand.
Kiler Canyon Vineyard sold 5/15/2017 to a highly successful local wine producer. The esteemed site features 25 acres of ultra-premium vineyard on Arbor and Kiler Canyon Roads in the Willow Creek AVA of Paso Robles, CA. Sold for $3,175,000
Blossom Hill Winery owned by Treasury, sold to Delicato Family Vineyards on 4/5/2017. 4,000,000 cases annually, no brand. 385 Panoche Road in Paicines. Equipment and facility sold at a liquidation-indicator price of $5,000,000
Falcon Nest sold 3/10/2017. Union Road in Paso Robles.145 Acre, 5,000 case winery, tasting room, commercial kitchen building, banquet hall. 45 Acre vineyard planted with Cabernet Sauvignon, Merlot, Syrah, Zinfandel, Petit Verdot, and Mourvedre. Sold after 238 days on market for $2,270,000
115 Booker Road, Paso Robles sold 2/08/2017. The vineyard was originally planted by Vineyard Professional Services under the direction of the owner's brother, Bo Barrett and leased to Chateau Montelena. Templeton Gap AVA, 9 acre vineyard; Grenache, Mourvedre, Syrah and Cabernet. Modest houses, limited water. Multiple offers, sold for $1,205,000
White Cliff's Ranch sold 1/27/2017, 7377 Adelaida Road. 11 acres of Syrah, Tannat, Mourvedre, Petit Verdot and Cabernet Sauvignon, 21 acres ripped and ready for planting. Adjacent to Adelaida Winery. Sold for $2,150,000.
Pipestone Winery sold 1/18/2017, 2040 Niderer Rd, Paso Robles, real estate only. Home, winery, tasting room and crush pad. Willow Creek AVA. 27 acres with 7.5 planted. The Pipes sold to Clos Solène owners Guillaume and Solène Fabre for $2,050,000
4774 Mill Road, "Hall Home" Paso Robles, sold 2/1/2017. 160 acre property, 139.72 vineyard acres planted in 1996 and grafted between 2005 and 2013, main home approximately 3,000 Square Feet. Sale estimated at $23,000 per vineyard acre. Sold in a little over a year for $4,000,000
Five Rivers Winery sold 12/22/2016. 8998 North River Road, Paso Robles. Fetzer Vineyard sold the 90,000-square-foot winemaking facility as well as 46 acres, including a 15-acre vineyard to Trinchero Family Estates (owner of Sutter Home and one of the largest US wineries). Tax records reveal a sales price of $14,750,000
Robert Hall Winery real estate and brand sold 8/2/2016 to O'Neill Vintners & Distillers. 3443 Mill Road, Paso Robles. 85k cases annually, with 22 acres and 19,000 sf. Zepponi & Company represented the sellers. Tax records reveal a real estate sales price of $16,952,000
Talbott Vineyards, Monterey, California 2015
International Wine Associates represented Robb Talbott & his family & served as their exclusive advisors in the sale of the Talbott Vineyards business and Sleepy Hollow Vineyards to E. & J. Gallo Winery. The Sleepy Hollow Vineyard has over 525 acres of planted vineyard in the Santa Lucia Highlands. The Talbott business is one of California’s leading estate-grown Chardonnay and Pinot Noir producers. E. J. Gallo Winery is the world’s largest family owned winery.
Jenny Heinzen Broker/Owner
Jenny Heinzen Real Estate, a division of Vineyard Professional Services, Inc.