Dunnigan Hills Ranch
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1,143.11 +/- gross assessed acres located in Yolo County. Six legal parcel lots enrolled in Williamson Act Contracts.
423.12 +/- planted vineyard acres (+/- 73% of vines are LODI RULES certified sustainable) | 350 +/- acres of potential additional plantable land| 369.99 +/- acres of supporting and ancillary land
Planted winegrape varietals include: Chardonnay 101.26 Acres (24.0%) | Petit Verdot 79.51 Acres (18.8%) | Cabernet Sauvignon 71.88 Acres (17.0%) | Petite Sirah 70.52 Acres (16.7%) | Syrah 35.61 Acres (8.4%) | Malbec 32.36 Acres (7.6%) | Teroldego 30.17 Acres (7.1%) | Touriga Nacional 1.81 Acres (0.4%)
2013-2016 plantings, primarily VSP and Hanging Curtain trellis systems, 8 x 6 row by vine spacing, with 2023 yields ranging from 5.4-11.2 tons per acre and a 5-year (2019-2023) weighted average yield of 7.9 tons per acre.
+/- 70% of the vines are currently contracted with Bogle Family Vineyards through 2024-2027 at $800-$850 per ton, of which 43% is contracted through 2027 at $850 per ton. All contracts include a $25 per ton bonus when delivered with certification by LODI RULES.
112.49 +/- net planted acres (+/- 27% of net planted acreage) are currently leased to Matchbook Wine Company (neighboring winery on adjacent parcel to the north) through October 31, 2028, with $206,981.60 in annual lease income ($1,840 per net acre). The lease includes a 5-year option to extend at $2,000 per net acre.
Multiple-source irrigation water is currently supplied to the vineyard blocks through the Dunnigan Hills Ranch Mutual Water Company (DHRMWC), a privately owned and operated water company that primarily utilizes surface water from the Yolo County Flood Control and Water Conservation District (YCFCWCD), with supplemental water provided via seven shared operating agricultural deep wells located throughout the DHRMWC boundaries, providing a combined 6,850 +/- gallons per minute (GPM) per Seller, and a shared 50-acre-foot reservoir (located on the Property). The legal formation of the DHRMWC is currently pending formal execution. Shares of the district are projected to be given on an owned-per-acre basis, which would provide the new owner of the Dunnigan Hills Ranch with a potential +/- 43% share of the DHRMWC (2,655 +/- gross service area acres). Irrigation water is distributed throughout the DHRMWC via canal lift pumps, reservoir lift pumps, deep wells, booster pumps, filter stations, and main and submain pipelines. The Property vineyard blocks are irrigated via a dual-line drip system.
Two new wells (#8 and #9) were drilled, developed, and completed in 2022, which per Seller are projected to yield an estimated combined additional 3,800 +/- GPM for the DHRMWC members.
The Seller received issued permits for 2 additional agricultural wells (#10 and #11) that are valid through February 2025.
The Property features 3 +/- acres of solar panels to assist in offsetting operating costs.
Purchase Price: $12,500,000 plus cultural cost reimbursement for the 2024 growing crop (allocation: $22,000 per net vine acre, $9,200 per potential plantable open land acre).
Additional information, including a Confidential Information Memorandum and Due Diligence Data Room on the Property, is available for review after signing the Sellers Confidentiality & Non-Disclosure Agreement (CNDA). Please contact The Mendrin Group to obtain a copy of the CNDA for signature.
Private Property tours and inspections are strictly by appointment only with 48 hours prior notice by contacting The Mendrin Group.
Exclusive Seller Representation by The Mendrin Group. Buyers/Recipients communications, viewing of the Property, Letter of Intent submissions, Property Due Diligence data requests, and Property Due Diligence site visits shall be directed only through The Mendrin Group.
ALL INFORMATION CONTAINED HEREIN AND SUBSEQUENT INFORMATION PROVIDED IS DEEMED RELIABLE BUT NOT GUARANTEED BY SELLER NOR BROKER AND MUST BE INDEPENDENTLY VERIFIED BY PROSPECTIVE PURCHASERS (RECEIVING PARTY/RECIPIENT/BUYER) AND THEIR REPRESENTATIVES TO DETERMINE THE SUITABILITY FOR BUYERS/RECIPIENT'S INTENDED USES. Buyers communications, copies of the Copyrighted Confidential Overview, copies of the Copyrighted Confidential Information Memorandum ("CIM"), viewing of the Property, Letter of Intent submissions, Property Due Diligence data requests, and Property Due Diligence site visits shall be directed through Sellers exclusive representative, The Mendrin Group. Private Property tours are strictly by appointment only with 48 hours prior notice.