12487 Avenue 14, Madera
Madera Home For Sale
HUGE PRICE REDUCTION BY MOTIVATED SELLERS:Current Extended Winery Contracts in Place !! In a vicious market, Oberti has 2-13 year contract with major wineries + Incentives. Premier vineyard in the Central Valley with an exceptional income history. Located 100 miles due east of Santa Cruz, Madera is warm, sunny, and flat with the right combination of soil type, rock/mineral deposits, and altitude.Set on approximately 630 acres of contiguous land, J. Oberti Vineyards has a reputation for consistent quality and high volume production of Grenache, Merlot, Chardonnay, and Rubired grapes .Wells are generating over 8,000 GPM of single-line drip irrigation from a 16,000-sq ft reservoir. For future requirements, you have (2) additional unconnected wells. New Chardonnay vines in the final planting stages on approximately 100 acres, offering potential for future income. Infrastructure includes a 4400 sq ft maintenance shed in a 42,000 sq ft staging area.J.Oberti Vineyards has current contracts with major wineries for guaranteed pricing. Contracts run from the 2024 season and all are established with escalating base rates over the individual contract periods.
Property Details
Additional Information
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- City:
- Madera
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- County:
- Madera
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- Zip:
- 93639
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- MLS® #:
- ML81897436
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- Lot Size:
- 629.30
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- HOA Dues:
- $
Price Change History for 12487 Avenue 14, Madera, (MLS® #ML81897436)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $17,500,000) | $13,150,000 | $4,350,000 (24.86%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 25th, 2024 at 1:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.