40 Rapp Ln Napa, CA 94558; sold winery and vineyards; 1/68 in Napa County

Name:  Rapp Lane Winery and Vineyards
Sale Date:  10/16/2014
Escrow Length:  –
Sale Price:  $17,300,000 – Confirmed
# of Properties:  2
Asking Price:  – Sale Type:  Investment
GBA:  22,896 SF Land Area:  60.62 AC (2,640,607 SF)
Price/SF:  $755.59 Price/AC
Land Gross:  $285,384.36

Zhang Winery was first purchased by a Chinese investor in 2011 for about $11.9 million.

The sale included three parcels. One parcel was about 46 acres, of which 36 acres were planted. A second parcel consisted of 15 acres of land, and this parcel had an estate on it. A third parcel of about 10 acres was also included in the sale, for a a grand total of 71 acres.