7071 Ridge Rd Newcastle, CA 95658

Property Details for 7071 Ridge Rd

Year built

2004

Lot size

15.50 lot acres

Property size

9,384 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Newcastle

County

Placer

State

California

Longitude

-121.1718

Latitude

38.89621