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Property profile & analytics
OFF-MARKET
Commercial real estate

7071 Ridge Rd Newcastle, CA 95658

9,384 SF 15.5 ac lot Built 2004
Property ID
US09-6836411
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2004
Total area 9,384 SF
Lot 15.5 ac (675,180 SF)
UPID US09-6836411
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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