5010 Gate 4 Road, Paso Robles, CA 93446 (MLS # 25000742)

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PRICE $33,000,000 BEDS 8 BATHS 6 HOME SIZE 3,908 sqft LOT SIZE 723.92 ac Request More Info Schedule a Showing

WORLD CLASS CENTRAL COAST DEVELOPMENT OPPORTUNITY WITH POSITIVE CASH FLOW. With 76 approved lots and huge water resources from the Huero Huero creek (see documents), the unique scale and quality of production at Windfall Farms along with existing building infrastructure presents an excellent opportunity for the development of a brand name winery production facility and resort style retail tasting room by the right buyer. The extraordinary opportunity to develop multiple residential parcels and vineyard estates with infrastructure in place or nearby makes this a very unique offering in the highly desirable Central Coast of California with huge upside potential. Windfall Farms currently operates as a cashflow positive premium wine grape vineyard business. The 387 acres of grapes (348 acres producing, 39 acres newly planted) are predominantly planted to dry red varietals that the Paso Robles AVA is known for and consistently produce high quality grapes. The Paso Robles AVA is California's fastest growing wine region. The wine grapes are sold under contract to name brand wineries in the region. Windfall Farms was created as a first class Thoroughbred race horse facility with stunning Kentucky style equine facilities including a 6 1/2 furlong race track with room for a professional polo field in the middle surrounded by large paddocks. The beautiful owner's residence is finely built with six large bedrooms and baths, together with offices and conference rooms, large kitchen and dining/living area and a grand game/media room. A total of approximately 10,000 sq. ft., the building is now used for visitors and overnight stays by company management. Office operations are managed from this building and it could possibly be repurposed as a clubhouse, bed and breakfast or any number of hospitality options. There is a machine shop for the vineyard operations with three bays and a heavy-duty hydraulic lift. The shop is serviced by 480v 3-phase power and natural gas. There are several smaller homes on the property being utilized by the General Manager and his family . The property has 4.5 miles of paved roads internally, accessing all of the primary buildings. There are an additional 3 miles of non-paved vineyard access roads. Electric service within the property includes 480V 3-phase power to the shop and the operational wells throughout the property. Some of the smaller run-in sheds have just single-phase power. The large buildings have 3-phase power, water and septic. There are a total of nine permitted septic systems on the Windfall property designed to serve the individual needs of each of the main buildings and incumbent housing. The property currently has four operating wells, and three drilled/bored/cased wells with a total capacity of over 7,000 Gallons Per Minute (GPM). A main water line connects all the wells together, with sub-mains servicing each of the vineyard blocks. Two of the operational wells are powered by electric and twonatural gas, although electric is at the wellhead. The three non-operational wells can be run on either electric or natural gas, but need the selected service extended to the wellhead. The depth of the Paso Robles formation varies over the basin. Windfall is sitting on top of a very deep depression in the formation. When the new wells were drilled it was determined that the bottom of the Paso Formation was 2,500 feet. The water resources at Windfall Farms are exceptional throughout the area and the value cannot be overestimated.