42041 20th Street W, Lancaster, CA 93534 (MLS# 222002144)

42041 20th Street W, Lancaster, CA 93534

$1,700,000

Sangiovese, Merlot, and Zinfandel vineyard

Property Type: Residential Baths: 2 Square Footage: 10,500 Lot Size (sq. ft.): 79,156 Status: Closed

Current Price: $1,700,000 List Date: 5/06/2022 Last Modified: 6/15/2023

Overview

Description

Seller financing possible. Reduced sales price to allow for expansion of amenities such as a brewery, deli, or cafe. The Antelope Valley Winery is being offered on the market for the first time in decades. A gathering spot for the local community and travelers alike, the winery has provided sumptuous wines to sample in their inviting tasting room and retail store. Conveniently located close to highway 14 and on a well-trafficked corner of the valley, the property includes a tasting room, retail market and gift shop, warehouse and barrel room, interior banquet area, exterior park-like entertainment area and the vineyard. Recently awarded again in ''The Antelope Valley Press'', the winery was voted the Best Winery in North Los Angeles County! Established in 1999 at the current location and including 4 parcels, the winery has a robust wine club membership with quarterly releases and hosts a seasonal farmer's market May through November on Saturdays. The 3 acre vineyard is pla ... (Read more) Seller financing possible. Reduced sales price to allow for expansion of amenities such as a brewery, deli, or cafe. The Antelope Valley Winery is being offered on the market for the first time in decades. A gathering spot for the local community and travelers alike, the winery has provided sumptuous wines to sample in their inviting tasting room and retail store. Conveniently located close to highway 14 and on a well-trafficked corner of the valley, the property includes a tasting room, retail market and gift shop, warehouse and barrel room, interior banquet area, exterior park-like entertainment area and the vineyard. Recently awarded again in ''The Antelope Valley Press'', the winery was voted the Best Winery in North Los Angeles County! Established in 1999 at the current location and including 4 parcels, the winery has a robust wine club membership with quarterly releases and hosts a seasonal farmer's market May through November on Saturdays. The 3 acre vineyard is planted with Sangiovese, Merlot and Zinfandel. The current winemaker works out of the lab on site and is open to consulting with the new owners. With the option of creating your own label, the owners use a state of the art bottling truck which bottles and labels the wine. The owners augment their own grapes with those purchased elsewhere to provide numerous varietals for sale. Second floor office suite provides gift wrap and storage space. 2 ADA compliant bathrooms on property can serve a dressing rooms for a bridle party and with several different areas for events, the winery operates successfully year-round for all sorts of events. There is ample parking on site. As in other wine producing regions such as Napa, this vineyard and the surrounding other wine growers of the valley are part of a federally approved AVA, The Antelope Valley of the California High Desert. Freshly painted, the warehouse and tasting room/retail store have multiple revenue sources. The AV Winery hosts numerous events both inside and out. The gorgeous exterior entertaining area with gazebo and shade trees is the place to be married, celebrate birthdays and anniversaries, and reunite with friends and family. Qualified to host the weekly Farmer's Market, the winery provides permitted vendors and certified growers to sell their wares. Vigorously attended, the community recognizes the winery as a reliable source by providing fresh produce for sale from local farmers. The potential for expansion is endless. The property, buildings, stock in trade and equipment are included in the sale. With city approval, one might consider the addition of a brewery or deli counter. Included the tasting room is a deli case, soda/water refrigerator, and commercial upright reach-in freezer. In the warehouse there is an 88 sqft walk-in freezer, stainless steel jacketed cold fermentation tanks, storage tanks, as well as plastic open-top fermenters. The wine making equipment and machinery included is extensive. For 25 years the winery has been a retail purveyor of several kinds of wild game and exotic meat. The sellers make gift baskets and cheese plates for sale to enjoy with their wine out on the picnic tables in the grassy yard. The winery truly has something for everyone. As the city of Lancaster grows, the need for a community gathering spot continues to grow with it and makes this location with its existing revenue streams an ideal opportunity for the savvy investor.

Listing Details MLS# 222002144

General Property Information

Baths - 1/2: 2
Approx SqFt: 10500
Baths - Total: 2
Lot Acres: 4.8
Lot SqFt: 79156
Year Built: 2000
Construction Status: Unknown
Property Attached: No

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Terms: Cash to New Loan Lot Description: Fenced Yard Lot Location: Corner Lot View Type: Mountain View; Vineyard View Building Style: Other Levels: Two Flooring: Concrete Slab Cooling Type: Central A/C; Evaporative; Zoned A/C Rooms: Wine Tasting Roofing: Metal Parking Type: Parking for Guests; Parking for Guests Onsite Financing: Other Sold Terms: Seller Financing

Listing Location and Property Info

Entry Date: 2022-05-06
Listing Price: 1700000
Property Sub-Type: Combo - Res & Com
Street #: 42041
Street Name: 20th
Suffix: Street
Post Directions: W
County: Los Angeles
State/Province: CA
Zip Code: 93534
APN/Tax ID: 3109013075
Area: LAC - Lancaster
Subdivision/Tract Code: Other - 0011
Country: US

Property Info

Dwelling Total Floors: 2
Pool: No
Spa: No
Fireplace: No
Senior Community: No

Status Change Info

Pending Date: 2022-12-17
Closed Date: 2023-06-15
Closed Price: 1700000
Sold Price/SqFt: 161.9

HOA Information

HOA: No

More Information

Listing Office: Sotheby's International Realty

Listing Agent: Megan Mary Mathews
805-796-5408 | megan.mathews@sothebys.realty

Agent Email: megan.mathews@sothebys.realty

Last Updated: June - 15 - 2023

Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.