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Thinking about buying a vineyard? Here are some things to consider before you make the leap into vineyard ownership:
What to buy
Vineyards produce grapes mostly used for wines, but can also be used for table grapes, raisins, etc. In contrast, a winery turns those grapes into wine. A cellar is where wine is stored and aged. Some vineyards have wineries and cellars on-site.
Where to buy
The best place in California to buy a vineyard depends on what type of wine you’re interested in. Napa Valley is famous for growing grapes used to make Cabernet Sauvignon. Sonoma County has soil good for growing a variety of grapes, especially white wines.
When to buy
There are two types of land to consider: raw, undeveloped land versus an established vineyard. The initial cost of undeveloped land is undeniably cheaper than an established vineyard. However, the return on investment won’t arrive for years, as you will have to wait for your first quality harvest.
Who to buy with
You’ll need help from a bonafide viticulturalist (grape expert) as well as a real estate agent experienced in vineyard sales. I have assisted several clients in buying and selling vineyards, and look forward to answering your questions.
Contact me for more information!