2023 Twelve Oaks Drive
About This Property
The improvements include a residence, tasting room, production and storage buildings, and beautifully cultivated vineyards along the scenic highway. The 2,100-square-foot residence is also situated on a knoll, providing stunning views of West Templeton and the Santa Lucia Mountains. This three-bedroom, two-bath home features an open-concept living area, a stacked stone fireplace, engineered reclaimed barn wood flooring, and much more. The 12' x 60' deck is an excellent outdoor entertaining space.
Some believe this location served as the headquarters for the original Spanish land grant, though that remains unconfirmed. The winery has been operational for approximately 27 years and has a use permit for a 15,000-case capacity. The tasting room is about 1,100 square feet, complete with a bar area, retail space, and an ADA-compliant bathroom.
Outside, you will find two insulated production and storage buildings featuring a backup generator, measuring approximately 2,500 square feet and 1,280 square feet, respectively. The property has an 8-inch well with a 30-horsepower variable pump, a filtration system, and an irrigation well. The additional three legal parcels each have wells that are not currently in use.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Price Decreased |
$3,000,000
↓ $500K
(14.3%) | |
| Price Decreased | |||
| Sep 8, 2025 | Price Increased |
$3,500,000
↑ $500K
(16.7%) | |
| Price Increased | |||
| Jun 12, 2025 | Listed | $3,000,000 | |
| Listed | |||
| | |||
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This is a fantastic opportunity to purchase one of the first wineries and tasting rooms along Highway 46 West, nestled within the Templeton Gap AVA. This 10 acre estate fronts Highway 46 West. This property is also available with 30 additional acres for $4,500,000 MLS#NS25130460. The 10 acre parcel is currently planted to Cabernet.
The improvements include a residence, tasting room, production and storage buildings, and beautifully cultivated vineyard along the scenic highway. The 2,100-square-foot residence is also situated on a knoll, providing stunning views of West Templeton and the Santa Lucia Mountains. This three-bedroom, two-bath home features an open-concept living area, a stacked stone fireplace, engineered reclaimed barn wood flooring, and much more. The 12' x 60' deck is an excellent outdoor entertaining space.
Some believe this location served as the headquarters for the original Spanish land grant, though that remains unconfirmed. The winery has been operational for approximately 27 years and has a use permit for a 15,000-case capacity. The tasting room is about 1,100 square feet, complete with a bar area, retail space, and an ADA-compliant bathroom.
Outside, you will find two insulated production and storage buildings featuring a backup generator, measuring approximately 2,500 square feet and 1,280 square feet, respectively. The property has an 8-inch well with a 30-horsepower variable pump, a filtration system, and an irrigation well. The additional three legal parcels each have wells that are not currently in use. See MLS #NS25130460 for details and maps.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017