Residential Land For Sale

Picture of Residential Land For Sale in Woodland, California, United States

$17,000,000

County Road 17
Woodland, California, United States

Listed By: Realtyww Info

Listed On: 06/02/2023

Listing ID: GL10295495 View More Details

Description

Dunnigan Hills Ranch (DHR) was a sprawling dry-farmed livestock ranch that has been optimally transformed into a productive wine grape producing area while maintaining its bucolic setting in the heart of Yolo County. DHR is a master-planned and developed agricultural investment. Spread over 1, 140 acres with 422.9 acres of premium wine grape vineyards with an additional 721 acres for future development planting, graze or sell off for capital gain. Foremost in the development of DHR has been the conjunctive-use water system. Professionally designed in 2012 with new ag wells and connected into the local water district when surface water is available. The buyer will receive private shares in a newly formed mutual water company (MWC) which is professionally managed like a water district for all stockholders within MWC. An elaborate, underground loop distribution system is interconnected to all reaches of the planted blocks and with plans for phased expansion areas too. A portion of the property is subject to leasehold interest that will provide the buyer some immediate cash flow and the new grower can take over 300+ acres of wine grapes in their prime. About 350 acres of the 721 acres can be further planted out to wine grapes, olives, etc.

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Listed by: Jim Wirth, Broker