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Ghielmetti Vineyard APN# 099A-2928-001-02 & 099A-2928-003-02 Reuss Road Livermore Valley, California

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Ghielmetti Vineyard APN# 099A-2928-001-02 & 099A-2928-003-02 Reuss Road Livermore Valley, California Ghielmetti Vineyard APN# 099A-2928-001-02 & 099A-2928-003-02 Reuss Road Livermore Valley, California $4,250,000 Mark Stevens BRE# 00971195 c 707.322.2000 | f 707.824.0857 [email protected] estatevineyard.com 1 EVOLUTION & CONVERGENce OF A WINERY AND VINEYARD The Ghielmetti Vineyard is offered as a separate vineyard opportunity but may be purchased in conjunction with the Steven Kent Winery business. The Ghielmetti Vineyard is a synergistic fit with Steven Kent Winery, as evidenced by the track record of exceptional wines Steven Kent Winery continues to craft with Ghielmetti Vineyard fruit. The quality of the fruit is in part due to winemaker Steven Kent Mirassou’s extensive knowledge of the vineyard acquired through years of overseeing its development and farming. The quality of the work and achievements at both the winery and vineyard have them primed and ready for a new owner with the vision, dream and desire to further grow and develop these two businesses. Steven’s history with the vineyard goes back to 2005, when he joined forces with the Ghielmetti family, owners of this new vineyard site just three miles east of the Winery in a tranquil and beautiful spot in the Livermore Valley. The Vineyard site was planted to Bordeaux and Rhône varieties, and to this day supplies outstanding fruit for the Winery’s premier labels and the renowned Lineage brand. *More detail regarding the Steven Kent Winery sale opportunity can be found at: www.EstateVineyard.com, or by contacting Artisan Sotheby’s International Realty/Mark Stevens at 707.322.2000 | [email protected] 2 Sonoma Napa Ghielmetti Vineyard Silicon Valley REUSS ROAD Ghielmetti Vineyard LOCATION | INFORMATION Ghielmetti Vineyard The property is located on Reuss Road just east of downtown Livermore. Reuss Road is an extension of the famed Tesla Road, a wine destination tucked in the heart of the Livermore Valley in Alameda County. Roughly a 1-hour drive east of San Francisco and north of the Silicon Valley, the Livermore Valley is home to more than 40 wineries and a wide array of vineyards. As one of the first wine regions in California, Livermore Valley holds an important spot in the history of California’s wine industry. Spanish missionaries planted the very first grapes here in the 1760s, and in the 1840s, California pioneers started planting vineyards of their own. Discover an unpretentious style of California wine country in the beautiful Livermore Valley. 4 PROpeRTY OVERVIew Located in the Livermore Valley AVA, the Ghielmetti Vineyard resides on two parcels totaling approximately 100.87 acres. The property is just off Tesla Road in Livermore’s esteemed wine country and sits among unobstructed panoramic views of the surrounding valley and rolling hills. In addition to the vineyard, the property offers a farmhouse that can be used as a part-time country home or full-time residence. A 1.25 acre olive orchard planted in 2002 is also located on the property. Zoned Planned Development allows for agricultural uses on the property including a winery and attached tasting room. The vineyard contains 65± acres of vines planted to Cabernet Sauvignon, Cabernet Franc, Petit Verdot, Merlot, Grenache, Sauvignon Blanc, Semillon, Petite Sirah, Malbec and Syrah with additional potentially plantable 5± acres. “Planned Development” Parcel The “planned zoning” of the property allows for agricultural uses including a winery, tasting room and vineyard operation. A winery “use permit” is not required by Alameda County. *See aerial of the planned development parcel and artist's rendering of a winery on pages 19 and 20. 5 6 LIVERMORE VALLEY NEIGHBORHOOD OVERVIew Founded in 1869, the town of Livermore is situated in the heart of the Livermore Valley, one of California’s oldest wine regions and home to many famed wineries, farms and ranches that reflect the valley’s history. Livermore is located within Alameda County, California east of the San Francisco Bay Area and has a population of just fewer than 81,000. The region still reflects a farming, wine growing and ranching community as it did in the early 1900’s. The Livermore Valley Joint Unified School District has 11 elementary schools, three middles schools, two high schools and three alternative high schools. The region also includes a variety of charter and private schools as well as Las Positas College. The Bay Area Rapid Transit (BART) conveniently serves and enables Livermore residents to easily travel to surrounding Bay Area cities. In addition to BART, Livermore provides the ACE train for commuters desiring a quick and easy commute to the Silicon Valley. Historic Downtown Livermore offers excellent shopping, dining and entertainment venues and has created a thriving urban atmosphere for the valley. Livermore presents a little bit of something for everyone, including wine festivals, farmer’s markets and the annual rodeo; it’s a great place to thrive. 7 LIVERMORE VALLEY AVA EARLY WINE REGION IN CALIFORNIA As one of the oldest wine regions in California, Livermore Valley holds an important place in the history of the state's wine industry. Spanish missionaries planted the very first grapes here in the 1760’s, and in the 1840’s California pioneers started planting vineyards of their own. Livermore Valley AVA is located within the broader Central Coast appellation and is surrounded by coastal range mountains and foothills. The unique East-West orientation of the valley allows for cooling Pacific Ocean and San Francisco Bay coastal fog and marine breezes in the late afternoons. Warm days and cool nights help to create balanced and fully-ripened fruit. Livermore Valley is also the home to the very first wine from California to ever win a wine tasting competition in France (winning the Grand Prix at the 1889 Paris Exposition). Not only does the Livermore Valley hold deep roots in California history but today it is an up-and-coming location for young winemakers to flourish in the wine industry. 8 THE VINEYARD | HIGHLIGHTS In the upper Livermore Valley, at the corner of Reuss and Tesla Roads, sits the Ghielmetti Vineyard, a 65± acre sloped and well-draining vineyard home to some of the best Cabernet Sauvignon and other Bordeaux varietals in the valley. Currently there are 58± producing acres plus another 6± acres being replanted to Cabernet Sauvignon. Additionally, there are another 5± acres of potentially plantable acreage. Because of the growing attention that the Livermore Valley is receiving in the wine industry, a bevy of emerging young winemaking stars are buying the grapes grown from this vineyard. Some of the best up-and-coming wineries in the valley that are making high quality, hand-crafted wines from the Ghielmetti Vineyard include Steven Kent Winery, Occasio Winery, Nottingham Cellars, and McGrail Vineyards. The vineyard was originally planted in 2002 to 10 premium grape varieties arranged into 19 separate vineyard blocks. Ghielmetti Vineyard is rectangular in shape and uniquely positioned so that the vineyard slopes downward from all sides. An arroyo runs through the property from the north to the south end. Elevations for the vineyard range from 810 to nearly 970 feet above sea level minimizing the potential for frost and offering a variety of different sun angles and aspects. The layout of the vineyard was well planned - its vine rows run predominately north to south – the ideal orientation for optimal sun exposure. The vineyard site's climate, aspect, gently sloping topography and soil types were all considered in the design process to produce the highest quality fruit and emphasize the subtle changes in terroir. 9 10 THE VINEYARD | CONTINUED Vines Bearing Being Block Variety Clone Year Planted per Soil Type Rootstock Acres Replanted Acre 1A Cabernet Sauvignon 337 2002 1,244 Cd, Za 101-14 5.13 1B *Cabernet Sauvignon 07,29,30,31,40 Replanting in 2017 1,244 Cd, La RS-9 3.45 1M *Cabernet Sauvignon 07,29,30,31,40 Replanting in 2017 1,244 Cd, Za, La RS-9 1.81 2 Cabernet Sauvignon 4 2002 1,037 Za, Po, Pc 101-14 3.20 3 Petit Verdot 400 2002 1,244 Za, Po 101-14 1.89 4 Cabernet Franc 332 2002 1,244 Po 101-14 3.73 5A Cabernet Sauvignon 6 2002 1,244 Po 101-14 2.52 5B Cabernet Sauvignon 30 2002 1,244 Po 101-14 3.77 5CF *Cabernet Sauvignon 29, 31, 40, 07 Replanting in 2017 1,244 Po Schwarzmann 1.32 6 Merlot 181 2002 1,037 Pc 3309 1.68 7 Grenache 435 2002 1,037 Pc 3309 1.72 8 Sauvignon Blanc 317 2002 1,210 Pc 101-14 4.69 9 Merlot 347 2002 1,210 La 3309 3.05 9S Syrah 174 2002 1,210 La 101-14 0.94 10 Sauvignon Blanc 375 2002 1,037 La 3309 5.77 11S Semillon 315 2002 1,037 La 3309 3.04 11PV Petit Verdot Forman 2002 1,037 La 3309 2.92 12 Petite Sirah 03 2002 1,210 La 3309 4.77 13 Malbec 595 2002 1,037 La 101-14 5.67 14 Syrah 383 2002 1,037 La 101-14 3.79 58.28 6.58 Total Vine Acres | 64.86 acres Additional Plantable | 5.00± acres Total Under Reserve | 69.86 acres *Replanting in 2017 Soil Key: Po - Positas Gravelly Loam Pc - Perkins Loam Za - Zamora Silt Loam La - Linne Clay Loam Cd - Clear Lake Clay 11 12 13 GHIELMETTI VINEYARD HARVEST HISTORY 2012 2013 2014 2015 2016 5 Year Block Varietal Tons/Acre Tons/Acre Tons/Acre Tons/Acre Tons/Acre Average/Acre 1A Cabernet Sauvignon 2.46 3.11 2.11 2.80 2.14 2.52 1B *Cabernet Sauvignon - - - - - - 1M *Cabernet Sauvignon - - - - - - 2 Cabernet Sauvignon 4.03 3.89 3.09 3.08 3.75 3.57 3 Petit Verdot 3.43 5.83 5.75 4.68 9.44 5.83 4 Cabernet Franc 3.81 4.83 3.58 3.42 5.02 4.13 5A Cabernet Sauvignon 1.42 2.10 1.88 0.81 2.04 1.65 5B Cabernet Sauvignon 2.61 4.95 2.32 1.35 2.99 2.85 5CF
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