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15491 Grand Island Road Walnut Grove, CA 95690

$2,492,280

15491 Grand Island Road Walnut Grove, CA 95690
Sacramento County

Land Size: 180.6 Acres
LEASE SALE! Where can you step into a fully producing Pinot Grigio vineyard for less than it costs to develop it? This 180+/- acre LEASE will take you straight to harvest for the next 15 years (2037 will be the last harvest under the lease). The 2022 production was 1,269+/- tons! Grapes are currently contracted at $600 per ton - that is over $760,000+/- in gross revenue last year. Major improvements made to the 8+/- year old vineyard in the last 2 years including 15,000+/- replants. Property currently serviced by inexpensive riparian water and enjoys North Delta Water Agency rights. Soils consist of Sailboat silt and Scribner clay loams. Ask your accountant if you can depreciate a vineyard lease purchase - I think you will be pleasantly surprised.

Property Highlights

  • MLS Area: 10690
  • Utilities: Other
  • Is a Horse Property: No
  • Lot Size in Sq. Ft.: 7,866,936
  • School District: Sacramento
  • Property Subtype: Agriculture
  • APN: 142-0120-064-0000
  • Status: Active

Listing Courtesy of: Petersen & Company
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Contact

Ed Perry

DRE #0208358
Mobile Phone: (916) 517-9969

Ed Perry, Real Estate Agent

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