7071 Ridge Rd Newcastle, CA 95658
This exceptional 15.5-acre estate in Newcastle, CA, presents a unique investment opportunity. The property boasts a thriving Pescatore Winery, producing approximately 8,000 bottles annually of award-winning varietals, distributed through events and a network. The winery includes a tasting room and event center, perfectly complementing the three luxurious Mediterranean-style homes. The main residence offers 4,100 square feet of living space, while two additional homes provide ample accommodation for family, guests, or staff. A permitted building pad is ready for a fourth 4,000-square-foot home. The expansive acreage offers potential for vineyard expansion and increased wine production. The property's versatility allows for various uses: a family retreat, a personal winemaking venture, a profitable income-generating business, or a combination thereof. The existing owner and vintner may offer assistance to new owners. The 9,384-square-foot total building area includes the winery production facility, tasting room, and event space. A virtual tour is available to showcase the property's features, including the three homes and their patios. This turnkey operation presents a rare opportunity to acquire a fully established and successful winery estate in a desirable location. The property is priced at $3,998,200.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.