$12,300,000
34567 Rancho California RD Temecula, CA 92591
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$12,300,000
Est. payment /mo
21.86 Acres Lot
Price Dropped by $2.6M
34567 Rancho California RD Temecula, CA 92591
UPDATED:
11/04/2024 07:45 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS24100895
HOA Y/N No
Lot Size 21.860 Acres
Property Description
Avensole Winery is a 21± acre estate vineyard and winery with 20,000± sq ft of hospitality and retail space including a winery, tasting room, restaurant, wedding venue and guest accommodations. The property's rich history and prime location have made it an iconic estate in Temecula's wine industry since 1968 when Vince Cilurzo planted the first commercial vineyards in the Temecula Valley. Originally Van Roekel Winery, the property was purchased in 2014 and after a complete renovation was reopened as Avensole Winery in 2016. The property is prominently located on Rancho California Road in the busiest section of Temecula’s main wine trail. Surrounded by 15 acres of meticulously maintained vines, the winery, award-winning restaurant, multiple tasting rooms and wedding venue are laid out among flowering gardens, green lawns and a large central pond.
Temecula Valley continues to trend upward as a top Southern California choice for vacations, weddings, recreational activities, special events, and corporate retreats with 3.2 million visitors and nearly $1 billion in travel spending annually. For this reason, Avensole is designed as a hospitality hub with multiple venues and revenue streams. The restaurant is permitted for max occupancy of up to 135± patrons at any moment and is being sold with a rare type 47 liquor license. The winery is permitted to produce up to 7,500 cases annually and boasts a unique open winery concept which allows patrons in the tasting room to look into the winery through large glass windows. The property also serves as a premier wedding destination with a picturesque setting, bride and groom suites, guest accommodations and spacious venues indoors and outdoors to host the ceremony and reception onsite.
Avensole’s strategic location, robust infrastructure and entitlements coupled with Temecula Valley’s growing popularity as a travel destination make this an extremely rare offering. With hundreds of visitors per day, Avensole enjoys a steady stream of patrons eager to experience the magic of this exceptional property.
Temecula Valley continues to trend upward as a top Southern California choice for vacations, weddings, recreational activities, special events, and corporate retreats with 3.2 million visitors and nearly $1 billion in travel spending annually. For this reason, Avensole is designed as a hospitality hub with multiple venues and revenue streams. The restaurant is permitted for max occupancy of up to 135± patrons at any moment and is being sold with a rare type 47 liquor license. The winery is permitted to produce up to 7,500 cases annually and boasts a unique open winery concept which allows patrons in the tasting room to look into the winery through large glass windows. The property also serves as a premier wedding destination with a picturesque setting, bride and groom suites, guest accommodations and spacious venues indoors and outdoors to host the ceremony and reception onsite.
Avensole’s strategic location, robust infrastructure and entitlements coupled with Temecula Valley’s growing popularity as a travel destination make this an extremely rare offering. With hundreds of visitors per day, Avensole enjoys a steady stream of patrons eager to experience the magic of this exceptional property.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description Agricultural
Story 1
Water Public
Others
Tax ID 951140041
Special Listing Condition Standard
Listed by Joe Ramos • Berkshire Hathaway HomeServices California Properties