List Price: $33M

Listing Status: ActiveUnderContract

Days on Market: 321

8 Bedrooms · 6 Bathrooms · 6,144 sq ft

Property Type: Residential

Year Built: 1984

Lot Size: 31,537,440 sq ft

Garage Spaces: 3

Private Pool: Yes

MLS Number: SC25117762

About This Property

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. 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. There are several smaller homes on the property. The property has 4.5 miles of paved roads internally, accessing all of the primary buildings. Electric service within the property includes 480V 3-phase power to the shop and the operational wells throughout the property. 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 natural gas, although electric is at the wellhead. The depth of the Paso Robles formation varies over the basin and Windfall sits above a very deep depression.