0 Lockwood-Jolon Rd, King City, CA 93932
Discover Pacific Valley Vineyard, a 121+/- acre agricultural property located in Southern Monterey County, near King City (zip code 93932), on Lockwood-Jolon Rd. This exceptional offering boasts approximately 85 acres currently planted with Cabernet Sauvignon, Merlot, and Petite Sirah grapes, enjoying a history of strong production. The vineyard's location on the San Antonio Valley floor, nestled near the foothills, provides natural frost protection, resulting in high-quality fruit consistently sought after by wineries. The 2024 harvest is already under contract, with strong potential for contract extension for an additional 3-4 years. Beyond the established vineyard, an additional 20+/- acres offer significant potential for further planting or the construction of a residence. The property is zoned AG (Agricultural) and features APN 423-041-100-000. Offered at $1,950,000. This is a rare opportunity to acquire a thriving vineyard with a proven track record in a desirable location. The property's unique combination of established production, expansion potential, and prime location makes it an exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.