The Doud 1 Ranch is a 119-acre Arroyo Seco vineyard with 99 acres planted to Clone 4 Chardonnay. The vineyard was planted in 1996-1997 in a region known for excellent water quality and quantity, providing outstanding value for its combination of fruit quality and price along the Central Coast. The fruit from this vineyard is a critical component to sellers chardonnay program, so the seller is willing to lease back the property for 3 years at a pre-established rental rate. This is a great opportunity to purchase the property with excellent water resources, have an immediate cash return on investment, while allowing time for the overall winegrape market to improve.