$400,000
$475,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
164.31 Acres Lot
SOLD DATE : 02/23/2022
Key Details
Sold Price $400,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 541150
Sold Date 02/23/22
HOA Y/N No
Lot Size 164.310 Acres
Property Description
This parcel is located in the Chalone American Viticultural Area of the Gabilan Mountains. This 8,640 acre area in the shadows of Pinnacle National Park is world-renowned for the high-quality wine produced in the region. The Gabilan bench is one of the few places in the world where limestone, decomposed granite and volcanic rock co-exist to create ideal drainage for grapes to grow. Wines produced in this region tend to have a flinty mineral aspect from the oceanic soil. The anchor vineyard of the region is Chalone Vineyard, the 1,000 acre parcel immediately to the east of the parcel in question. Chalone Vineyards consists of 240 acres actively being used for vineyards and is currently owned by Foley Family Wines who purchased the winery from UK-based beverage giant Diageo in 2016 for an undisclosed amount; Diageo purchased the vineyard for $260M in 1998. Listings within Chalone AVA are scarce, with none being available in the region at the moment other than this listing. This parcel has varied terrain, but is suitable for agricultural use. This is a once-in-a-lifetime opportunity to purchase coveted land in this region. New photos and more information coming soon! This is an auction property, with the listing price being the current starting bid. Items pictured on the land are NOT included.
Location
State CA
County Monterey
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available None, Sewer Not Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Horse Property
Sewer None
Water See Remarks
Others
Tax ID 417181028000
Acceptable Financing Cash
Horse Property Yes
Listing Terms Cash
Financing Cash
Special Listing Condition Third Party Approval
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Bought with Nicole Brianne Rodriguez • KW Coastal Estates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "