Property Listing No Longer Available for Sale

33820 Rancho California Road

Temecula, CA

Resort for Sale - 188,609 Sq. Ft. on 315 acres


Property Info

CIMLS#907666
Location
  33820 Rancho California Road
  Temecula CA 92591
UpdatedNovember 30th, 2016
TypeResort
PriceUpon Request
Building188,609 Sq. Ft.
Land315 acres

Property Description

The property is one of the original boutique wine estates in the rolling hills of the Temecula Valley. The beautifully landscaped property offers magnificent views of the mountains to the east. The drive into the winery is through manicured vineyards to the top of a hill where visitors have a commanding view of the region. Its location and grounds make it an ideal event venue. While on a tranquil location in the Temecula Valley, it is just minutes to Interstate 15 and millions of potential visitors.

The Temecula Valley AVA consists of 33,000 acres and is home to more than 35 boutique wineries. Visits to the region exceed 2,000,000 people annually. Visitors enjoy the relaxing environment to sample wine, partake in an excellent meal or hold a special event.

The surrounding six counties, Los Angeles, Orange, San Diego, Riverside, San Bernardino and Imperial, are home to more than 21,000,000 people, and the source of the majority of the visitors to the region. These counties are expected to grow by more than 2 million people by 2030 and another two million by 2050.

The Sale or Joint Venture consists of approximately 315 acres. The winery, future resort element occupies about 90 acres of the total (Resort Area One). The remaining acreage consists of an approximately 89-acre plateau with an approved tentative map allowing the construction of 15 estate lots, three winery sites, and one production parcel [Resort Area Two), and 136.5 acres half of which are planted and operated as an organic grapefruit grove (Resort Area Three). Resort Area Three is open to the vision of the buyer who has many alternatives for development under the wine region general plan.

The property offers a unique opportunity for the savvy investor who sees the advantage of buying 315 acres located one to three hours from millions of potential visitors looking for a relaxing, peaceful weekend escape from their urban lifestyle.

The approved plans allow the buyer to build and create a first-class. The additional acreage creates the opportunity to develop added revenue sources or the environment for significant future expansion.

The winery site within Resort Area One is already a destination venue for wine tasting and relaxing meals with friends and family at the onsite Bistro. It is the gateway to the Temecula Valley Wine Country.

There are thousands of square feet of patios covered patios and walkways. The patios and tasting room provide a perfect relaxing location to sample the variety of wines produced by the winery. Total wine production is between 10,000 to 14,000 cases annually. Development plan would allow production to increase to 60,000 cases annually.

The winery is licensed to ship to 30 states across the nation. The winery has a thriving wedding and event business. It is one of the few venues to have a hard-liquor license. The winery opened in 1969 and predates the federal establishment of the Temecula Valley Viticultural Area (AVA), created in 1984.

In April 2016, the County Board of Supervisors approved a resort plan that will allow the buyer to build a first-class resort in the AVA. County officials hailed the resort plan as a model for all future development in the Temecula AVA. The resort plan allows for construction of a 134 room hotel, 34 cottage units and 12 villa units, new tasting room and production facilities, a wedding center, banquet center, 1,800-seat, amphitheater, restaurant, and lake.

The Temecula Valley wine country is presently underserved regarding accommodations. While lodging is available in the City of Temecula, there are less than 220 total rooms available in the wine country.

The resort plan is designed to give wine country visitors the ability to enjoy a complete experience while not having to leave the wine country. In a single visit, a guest could enjoy a day of wine tasting, dinner at a beautiful restaurant and an evening concert under a moonlight sky. The next day there would be time for relaxation at the pool or a spa treatment.

Location Description:

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.

Highlights:

>> Sale or Joint Venture

>> Resort Plan Approved For

>> 134 room hotel, 34 cottage units, and 12 villa units

>> 1,800-seat amphitheater approved for 52 events a year

>> Lake with island like wedding venue

>> Restaurants

>> 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

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.0%