34567 Rancho California Road

Temecula, CA 92591

PRICE REDUCED

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-$2,650,000 (-17.73%)

$12,300,000

List Price

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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.

Listing Information

List Price $12,300,000
Status Active
MLS NS24100895
Type Commercial
Subtype Business
Lot Size 952,222
Structure Size N/A
DOM 170
Courtesy Of Berkshire Hathaway HomeServices California Properties
Listing Agent Joe Ramos DRE#02040488
Co-Listing Agent Jamie Warm DRE#02192518

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Maps

Listing information courtesy of: Joe Ramos, Jamie Warm, Berkshire Hathaway HomeServices California Properties c. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 4th, 2024 at 7:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.