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33820 Rancho California Road - Mount Palomar Winery & Citrus Grove, Temecula, CA

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33820 Rancho California Road - Mount Palomar Winery & Citrus Grove

Temecula, CA 92591 - South Riverside Submarket

Property Type:Specialty Sub Type:Winery/Vineyard Status:Existing Year Built:1978
Stories:1 Typical Floor:3,200 SF Building Size:3,200 SF
For Sale Price:$34,000,000 Price/SF:$10,625.00
Cap Rate:-
3,200 SF is available to occupy upon purchase.

The 172.03 acre winery will be combined with neighboring land owned by Louidar, LLC to create a 314 acre estate. Louidar plans to construct 60 estate homes within two years on the land surrounding the winery. The winery is to remain open and operational. Approximately 40 acres are currently planted. Current zoning rules allow for 1 home to be built per 5 acres,so long as wine/grape cultivation continues on half of the land. Beyond the construction of estate homes, the buyer has further plans to build a high-end, Mediterranean-style wine resort with restaurants, an inn, and an expanded tasting room, winemaking & storage facility.

Sale Notes:
Sale or Joint Venture / Asking Price is $34,000,000 to $37,000,000.
Resort Plan Approved For
134 room hotel, 24 cottage units, and 12 villa units
1,800-seat amphitheater approved for 52 events a year
Lake with island like wedding venue
Banquet room
Production facility
Tasting room
Storage facilities
Estate and winery lots from 1 to 25 acres
136 acres available for expansion and entitlement
Operating Winery Includes:
Newly opened restaurant
Wine Club
Wedding event business
Hard liquor license for restaurant and wedding venues
Production Facility
Tasting room
Storage area
69,000 bulk wine inventory
10,000 cases of wine
55 acres of vineyard: Varieties include (Old) White Riesling; Riesling; Cabernet; Merlot; Petite Sirah; and Zinfandel
Located in the Temecula Valley wine country. The winery is minutes off the I-15 Freeway in southwest Riverside County, 60 minutes from San Diego, Orange County, and Palm Springs. Los Angeles and Hollywood are just 90 minutes from this relaxing beautiful location. The winery is minutes from Downtown Old Town Temecula and Pechanga Resort and Casino.

Call for pricing

Sperry Van Ness / Renaissance Commercial
Harry Fotinos
(949) 423-6990

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