NOT LISTED FOR SALE

Estimated Value: $2,771,135 - $6,916,000

22 Acres
$208,972 Price per Acre
958,320 Sq Ft Lot

Last Sold August 12, 2024

Last sale price $8,500,000 $9 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $25,214/month

38 Days on Market

Highlights

  • River View
  • Vineyard
  • Agricultural
  • 22 Acre Lot

About This Lot

As of August 2024

Gorgeous 22 +/- Acre Estate and Winery on 3 parcels that delivers an exquisite oasis of luxury nestled in the heart of Wine Country. The crown jewel of this remarkable property is its state-of-the-art event center, meticulously designed to cater to the most discerning clientele. From weddings & corporate retreats to intimate gatherings, grand celebrations, and more! The event center features expansive indoor & outdoor spaces, allowing guests to bask in the natural beauty of the surroundings while enjoying world-class amenities. The Estate and Winery also offers luxurious accommodations for overnight guests, making it the perfect destination for weddings, corporate retreats, and weekend getaways. Each guest suite is elegantly appointed with modern amenities & breathtaking views of the vineyards, providing a serene retreat for visitors to relax and unwind after a day of indulgence. Whether you're an investor looking to capitalize on the booming wine tourism industry or a hospitality entrepreneur with a passion for luxury & refinement, this Estate and Winery offers the perfect blend of beauty, business, and opportunity.

Last Agent to Sell the Property

Carmen Gray

Vintage Sotheby's Internationa License #02040799 Listed on: 04/17/2024

Vintage Sotheby's Internationa

Last Buyer's Agent

Carmen Gray

Vintage Sotheby's Internationa License #02040799 Listed on: 04/17/2024

Vintage Sotheby's Internationa

Property Details

Property Type

  • Land

Lot Details

  • 22 Acre Lot
  • Property fronts a highway
  • 3 Lots in the community
  • Property is zoned AG40, Multi-Residential,Vineyard,Mixed,Industrial,Highway/Tourist Services,Residential,Commercial,Public Right of Way,Business/Professional,Agricultural/Residential,Agricultural,Office

Property Views

  • River
  • Vineyard
  • Park or Greenbelt

Home Design

  • Mixed Use

Farming

  • Vineyard
  • Agricultural

Utilities

  • Agricultural Well Water Source
  • Well
  • Engineered Septic

Listing and Financial Details

  • Assessor Parcel Number 013-130-27

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Agriculture
  • Directions To Property: Do Not Disturb. Special instructions are required
  • Lot Size Acres: 22.0000
  • Road Frontage Type: Highway
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Lot Features: See Remarks
  • View: River, Garden/Greenbelt, Vineyard, Water

Utilities

  • Sewer: Engineered Septic, See Remarks
  • Utilities: Public, See Remarks
  • Water Source: Agricultural Well, Private Well, See Remarks

Schools

  • Middle/Junior School District: Lodi Unified

Lot Info

  • Assessor Parcel Number: 013-130-27
  • Lot Size Sq Ft: 958320.00
  • CurrentUse: Agricultural, Commercial, Public Right of Way, Highway/Tourist Service, Retail, Industrial, Mixed Use, Multi-Family, Vineyard, Office
  • DevelopmentStatus: See Remarks
  • Irrigation: Well, See Remarks
  • NumberOfLots: 3
  • Zoning Description: Multi-Residential,Vineyard,Mixed,Industrial,Highway/Tourist Services,Residential,Commercial,Public Right of Way,Business/Professional,Agricultural/Residential,Agricultural,Office

Multi Family

  • IncomeIncludes: See Remarks

MLS Schools

  • Senior High School District: Lodi Unified
  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Aug 6, 2024
Sold by
Larry M Lawrence M and Larry Teri G
Bought by
Sodhi Padda Living Trust and Sodhi
Seller's Agent
Carmen Gray
Vintage Sotheby's Internationa
Buyer's Agent
Carmen Gray
Vintage Sotheby's Internationa
List Price
$8,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$400,000
-4.49%
Views
1449
Current Estimated Value
$4,597,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,902,622
Avg. Annual Appreciation
-35.53%
Original Mortgage
$4,000,000
Outstanding Balance
$3,951,020
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$646,358
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sodhi Padda Living Trust $6,000,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sodhi Padda Living Trust $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $8,500,000 -4.5% $9 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $8,900,000 +4.7% $9 / Sq Ft
05/16/2024 05/16/24 Off Market $8,500,000 -- --
04/17/2024 04/17/24 For Sale $8,900,000 -- $9 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,086 $1,193,972 $24,870 $1,169,102
2024 $13,658 $1,170,562 $24,383 $1,146,179
2023 $14,732 $1,147,610 $23,905 $1,123,705
2022 $13,238 $1,125,109 $23,437 $1,101,672
2021 $13,455 $1,103,049 $22,978 $1,080,071
2020 $11,982 $1,091,740 $22,743 $1,068,997
2019 $11,739 $1,070,335 $22,298 $1,048,037
2018 $11,573 $1,049,349 $21,861 $1,027,488
2017 $11,314 $1,028,775 $21,433 $1,007,342
2016 $10,603 $1,008,604 $21,012 $987,592
2014 $10,337 $974,001 $20,291 $953,710
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 224039036

Bay Area Real Estate Information Services (BAREIS)

APN: 013-130-26