Many people dream of owning and running a winery. And now, after chasing and living that dream, the founders of Burbank Ranch Winery in Templeton, CA -- snug in the Paso Robles AVA's El Pomar District -- have listed the winery for $17.5 million.
The purchase price includes a four-bedroom contemporary home and a boutique winery that produces about 2,500 cases a year. In July, a new tasting room with wall-to-wall windows, a patio offering 180-degree views, and a commercial-grade kitchen opened. The well-appointed tasting room is included with the purchase price.
Owners Melody and Fred Burbank fell in love with the Central Coast while taking numerous car trips from Newport Beach to visit their son at Stanford University in Palo Alto. The couple snapped up this 83-acre property in 2008, converting some of the land to vineyards for the first time.
The Burbanks "wanted something a little more understated than Napa and Sonoma," says listing agent Micah Brady, noting that Fred Burbank grew up in Nebraska. Today, 16 varietals (with cabernet sauvignon, sangiovese, syrah, tempranillo, and zinfandel the most planted) are grown on 45 acres. The SIP-certified vineyards are a testament to the winery's commitment to sustainability.
They're selling the property to move on to their next venture. "At the time that they did this, their creative juices were flowing," says Brady. "There are other things they want to do."
The house is almost as stunning as the landscape. It features modern design details, including high ceilings, an open floor plan, a soaking tub in the master bath, and a fabulous kitchen with a granite-countertop island, sleek white cabinetry, warming ovens, and a stylish red range hood.
Entertaining space is plentiful in the living room, with vineyard views and a bar. Most of the rooms open up to the outdoors, where there is a pool, a wisteria-covered arbor, a bocce court, and numerous seating areas to soak up the view. "It's spacious but not over the top," says Brady. "All of the space is functional."
Also on site: a three-bedroom, two-bathroom guesthouse and workers' quarters with two bedrooms and one bathroom.
So who might be the next buyers to dip their toes into the wine barrel? "It could be a Fortune 500 businessperson who's looking to retire but doesn't want to retire. If they (just) want to come and enjoy the house and entertain, they could do that," Brady says. "Or, they could be more involved" with the winery, which is permitted to produce up to 10,000 cases.
Most area wineries for sale are larger, making this option a tasty appetizer. "In the past five years there hasn't been anything like this in Santa Barbara County and San Luis Obispo County," says Brady.