30222 N Mackville Road, Acampo, CA 95220
- $1,999,000
- List Price
- $1,999,000
- Price Change
- ▲ $47,440 1781220166
- MLS#
- 226018601
- Status
- ACTIVE
- Type
- Land
Property Description
The income is in place from day one. The Cabernet and Pinot Grigio contracts provide immediate, predictable revenue while the incoming olive contract adds compelling long-term upside over the next 15 years. The property features a newly installed well with a propane-powered pump and drip irrigation system, situated in one of California's most established viticultural corridors east of Galt surrounded by proven wineries and agricultural operations. If you want to plant the olives yourself, now is the time to act. Active Contracts: Cabernet Sauvignon - $750/ton with 3-year contract, Pinot Grigio - $825/ton and contracted through 2027, and 15-year olive planting contract with a California olive oil processor on the balance of the ranch (planting this fall or early spring).
Additional Information
- View
- Vineyard
- Sewer
- None
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Courtesy of Petersen & Company, .
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