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24810 NW Turner Creek Rd - Yamhill Springs Vineyard

40 Acres of Agricultural Land Offered at $1,736,401 CAD in Yamhill, OR 97148

Investment Highlights

  • Established Vineayrd
  • Custom Home with shop and equipment storage
  • Private

Executive Summary

Excellent investment opportunity with many avenues for upside - potential for a tasting room, winery and/or short-term rental / b&b. Home lends itself to dual-living or rental suite options with a kitchen and full bath on both levels. Custom home ready for your personal touches offers flexible floor plan and an expansive deck with serene territorial views. 36'x36' shop could be converted to a 1k-1.2k case winery and/or tasting room. Large equipment shed + gardens. The setting is very private as the home and vineyard sit high above the road. Roughly 12.75 acres in Pinot Noir (clones 113, 115, 777, Pom. & Wads.), 2.5 acres Pinot Gris and around a half acre of 108 Chardonnay. Approx. 400'-600' elevation w/ south-SW aspect, vineyard management consultants have advised the topography of the property has potential for pursuing surface water rights and a reservoir for irrigation. Yamhill-Carlton AVA.

Financial Summary (Actual - 2022) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual -
Annual Per AC -
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $1,736,401 CAD
Sale Type Investment
Sale Conditions High Vacancy Property
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 40.00 AC

1 Lot Available

Lot

Price $1,736,401 CAD
Price Per AC $43,410 CAD
Lot Size 40.00 AC

15 acre vineyard, custom home ready for your updates + shop on 40 acre parcel. Proven top-tier vineyard site.

Description

40 acres total, forested near road, vineyard and home offer privacy - set back and not visible from road. Excellent investment opportunity with many avenues for upside - potential for a tasting room, winery and/or short-term rental / b&b. Home lends itself to dual-living or rental suite options with a kitchen and full bath on both levels. Custom home ready for your personal touches offers flexible floor plan and an expansive deck with serene territorial views. 36'x36' shop could be converted to a 1k-1.2k case winery and/or tasting room. Large equipment shed + gardens. The setting is very private as the home and vineyard sit high above the road. Roughly 12.75 acres in Pinot Noir (clones 113, 115, 777, Pom. & Wads.), 2.5 acres Pinot Gris and around a half acre of 108 Chardonnay. Approx. 400'-600' elevation w/ south-SW aspect, vineyard management consultants have advised the topography of the property has potential for pursuing surface water rights and a reservoir for irrigation. Yamhill-Carlton AVA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
305011
Land Assessment
$0 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$418,023 CAD (2023)

zoning

Zoning Code EFU (Farm use, possibility to develop winery and tasting room onsite.)
EFU (Farm use, possibility to develop winery and tasting room onsite.)
  • Listing ID: 29959442

  • Date on Market: 2023-11-03

  • Last Updated:

  • Address: 24810 NW Turner Creek Rd, Yamhill, OR 97148

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