Fertile Red or White Grape Vineyard Ground Redwood Valley. Offering Memorandum Price: $1,250,000

Transcription

1 Fertile Red or White Grape Vineyard Ground Redwood Valley Offering Memorandum Price: $1,250,000

2 Fertile Red or White Grape Vineyard Ground Redwood Valley Table of Contents Salient Facts... 3 Property Details... 4 Photo Gallery... 5 Historic Yields... 6 Aerial Map... 7 County Overview... 8 Appellation Overview... 9 Page 2

3 The reason Portalupi wine is made began many years ago in Arcata, a small northern California coastal town Salient Facts where Tim and Jane first met as children. Portalupi Wine Company was founded in 2002 by Tim and Jane Borges, a husband and wife team with generations of history and experience in the making and marketing of premium wines in Italy and Northern California. Portalupi Wine is a celebration of their reunion and a tribute to their rich Italian and Portuguese ancestry. Having traversed the gamut of the premium wine business for some nearly thirty years, Tim and Jane are now Location: 551 Road N, Redwood focusi Valley, CA APN: , 05, 06 & The property may be 3 legal parcels (buyer to confirm). Appellation: Redwood Valley Parcel Size: Total Parcel Size: /- acres Vineyard: Water: Improvements: Grape Contracts: acres planted as follows: 14.4 acres planted to Cariganane age unknown, 5.79 acres planted to older Barbera on St.George (in need of replant), 3.88 acres planted to Barbera planted in 2010 on 110R, acres planted to Merlot 8x12 Quad trellis on 110R rootstock. All planted acres have overhead frost protection and the majority of the vineyard has drip irrigation (except cariganane and old barbera overhead is also used for irrigation). There is an approx 5 acre foot pond on the property that is used for storage. Redwood Valley AG water is supplied to the pond/property. There are 3 wells (2 active) that provide water to the residences. There is also Redwood Valley domestic water to the house along Road N. There are 5 residences located on site. 2 of the 5 are currently rented out on a month to month agreement. The residences are in poor to fair condition and each in need of some sort of repair. In addition there is a mobile home, garage and shop buildings on the property. There are 2 wind machines on the property. The fruit is available for a new buyer to sell to a producer or utilize for their own program at the buyer s discretion. Page 3

4 46 acres of fertile and flat farm ground on the Redwood Valley bench soils of Road N. These soils can go either way for Red or White varietals. Current 41+/- acres are planted to Merlot, Cariganane and Barbera. The property has 5 on site residences and three legal parcels. Two of the residences are currently rented out on a month to month agreement. Water is provided by 3 wells (2 of which are active) and Redwood Valley Water District AG and Domestic Service. The grapes are currently available for a new buyer to utilize or sell to a wine producer at the buyer s discretion. Page 4

5 The Photo reason Portalupi wine is made began Gallery many years ago in Arcata, a small northern California coastal town where Tim and Jane first met as children. Portalupi Wine Company was founded in 2002 by Tim and Jane Borges, a usband and wife team with generations of history and experience in the making and marketing of premium wines in Italy and Northern California. Page 5

6 The reason Portalupi wine is made began many years ago in Arcata, a small northern California coastal town Historic Yields where Tim and Jane first met as children. Portalupi Wine Company was founded in 2002 by Tim and Jane Borges, a usband and wife team with generations of history and experience in the making and marketing of premium wines in Italy and Northern California. Portalupi Wine is a celebration of their reunion and a tribute to their rich Italian and Portuguese ancestry. Tonnage Varietal Merlot Carigane NA Barbara Totals Page 6

7 Aerial Map The reason Portalupi wine is made began many years ago in Arcata, a small northern California coastal town where Tim and Jane first met as children. Portalupi Wine Company was founded in 2002 by Tim and Jane Borges, a husband and wife team with generations of history and experience in the making and marketing of premium wines in Italy and Northern California. Portalupi Wine is a celebration of their reunion and a tribute to their rich Italian and Portuguese ancestry. Page 7 Page 7

8 County Overview Location: Mendocino County is part of California s famous North Coast wine region. Directly north of Sonoma County, Mendocino County begins about 90 miles north of San Francisco. The Mendocino wine region is bounded by California s Coastal Mountain Range, the Pacific Ocean, and the great northern redwood forests. Geographic Features: Mendocino s vineyards are divided among several small Mayacamas and Coastal Range mountain valleys, following the drainages of the Russian and Navarro Rivers. Vineyards rise from the river plains, onto the benchlands above. Grape Harvest Months: September-October Average Summer Temperature Range: F Average Rainfall: 36.6 inches (in Ukiah) Average Growing Season: 225 days First Vineyards Planted: 1850s Total County Acreage: 2,248,000 Total Vineyard Acreage: 15,500 Number of Vineyards: 340 Certified Organic: 25% of total vineyard acreage Number of Wineries: 50 Principal Varietals: Chardonnay Sauvignon Blanc Gewürztraminer Riesling Zinfandel Cabernet Sauvignon Pinot Noir Petite Sirah Syrah Viognier Anderson Valley (BATF Approved Viticultural Area) McDowell Valley (BATF Approved Viticultural Area) Potter Valley (BATF Approved Viticultural Area) Cole Ranch (BATF Approved Viticultural Area) Redwood Valley (BATF Approved Viticultural Area) Yorkville Highlands (pending BATF approval) Ukiah Valley (proposed viticultural area) Sanel Valley (proposed viticultural area) Mendocino Ridge (BATF Approved Viticultural Area) Page 148

9 Appellation Overview Vineyards in the Redwood Valley AVA sit about 200 feet higher in elevation than those along the Russian River, further downstream in Ukiah and Hopland. Accordingly, the climate of this upland valley is slightly cooler, furthered by a gap in the coastal ridge which allows cool Pacific air currents to penetrate. These conditions lead to a gradual ripening of fruit that makes Redwood Valley Cabernet Sauvignon, Zinfandel, Barbera and Petite Sirah refined and complex. The notable red soil of the area also provides depth of color and flavor to the wines. The earliest vineyards in Mendocino County were planted here among the ancient redwoods by Italian immigrants, although this area did not gain official appellation status until Page 9

10 Tony Ford CalBRE # NorCalVineyards Wine Enthusiast / Sales Cellular: tony@norcalvineyards.com Paul W. Spitler CalBRE # V & E Properties Broker Cellular: plndmn@earthlink.net This information herein believed reliable but not guaranteed. Each Office Independently Owned and Operated. Page 10