It is the ultimate Manteca estate.
Pay $9.9 million for the Sedan Estate just over a half miles southeast of Woodward Park that features three parcels with a combined 184 acres with 147 of those acres planted with producing Chardonnay grapes and the seller will throw in the 30,000 square foot house for free.
That’s not a joke, either.
The land itself represents the largest chunk of available property contiguous to Manteca as future residential development is easily worth $9.9 million.
“We do tell people if you buy the land we throw the house in for free which is what we’re really doing considering the value of the land,” noted PMZ Realtor Allison Chinchiolo.
The home – visible from Highway 99 to the west in a sightline with the palms along Palm Avenue as you approach Manteca from Ripon as well as visible from every overpass – is back on the market. This time it is owned free and clear by the seller.
To see the property you have to be prequalified. So far, nine different parties have toured the property. Unlike in the past where almost 100 percent of the interest was from developers and farmers, this time around seven of those looking at the property are interested primarily in the home.
When all is said and done, though, the true lure of the property is the land that consists of three parcels – 104 acres, and a pair of 40-acre parcels. It is in a 40-acre minimum zoning for agriculture.
The buyer – if they ultimately just wanted the home – could easily hold onto the land taking advantage of the eight ton per acre Chardonnay grape production then sell off two of the parcels as development moves south toward the proposed 1,050-acre Austin Road Business Park in the next 5 to 25 years.
The parcels happen to border the proposed east-west extension of McKinley Avenue that will ultimately parallel Woodward Avenue about a mile to the south and connect with the proposed $120 million Austin Road interchange midway from the existing interchange and Olive Avenue in Ripon.
That’s not saying the house isn’t worth writing home about. It is.
“This is the most high profile residential property in the area,” Chinchiolo said in a slight understatement.
Consider just a few of the home’s high points:
•The second floor consists of four 500 square foot bedrooms with separate baths. To put that in perspective, each bedroom is almost as large as an entire one bedroom apartment.
•The master suite has a balcony overlooking the property, two separate bathrooms featuring custom marble work, a gas fireplace, bar, sunken tub, two walk-in closets, and a barreled ceiling.
•The third floor consists of a 25-seat theatre with THX sound, Douglas fire flooring and paneling, a refrigerator, sink, gas fireplace, game room, hobby room, and two half baths.
•The first floor office-library is completely floored and paneled in Brazilian cherry wood and has its own fireplace plus built-in drawers.
•The kitchen features every conceivable appliance including two dishwashers, two trash compactors, two subzero refrigerators (one in kitchen, one in pantry), two Viking double ovens with bread warmers, two full kitchen sings, a Viking professional model gas stove top and burner and 39-inch deep granite counters.
•The great room has 28-fooot high ceilings, three ornate chandeliers, and one of the largest fireplaces you’re ever going to see.
•The full-sized basement is also a full-size garage complete with a wine cellar plumbed for refrigeration and an elevator running all the way to the third floor.
•The outside features two large verandas on either side of the home.
•The swimming pool is 20 by 80 feet and features a spa with a waterfall. There are approved plans for a pool house and a cabana.
•The tennis court is lighted.
•There is a concrete heliport.
And, as an added bonus, there is a separate office away from the house. It is built inside of a metal Butler-style building and features a grand office with a fully finished kitchen, enclosed wine cellar, dishwasher, microwave, halogen range, and laundry hook-up. The office is wired to a dedicated T1 line and broadcasts the connection to the main house wirelessly.
To top it all off, when the metal doors are rolled up it reveals panoramic full-size window walls and marble flooring.
“We call it the 007 office,” Chinchiolo said.
Elegant 30,000-square-foot house and 007 office aside, Chinchiolo said what will drive interest in any deal will be the land.
“Land prices haven’t dropped like housing prices have,” she noted. “And they just aren’t making land anymore.”
Pay $9.9 million for the Sedan Estate just over a half miles southeast of Woodward Park that features three parcels with a combined 184 acres with 147 of those acres planted with producing Chardonnay grapes and the seller will throw in the 30,000 square foot house for free.
That’s not a joke, either.
The land itself represents the largest chunk of available property contiguous to Manteca as future residential development is easily worth $9.9 million.
“We do tell people if you buy the land we throw the house in for free which is what we’re really doing considering the value of the land,” noted PMZ Realtor Allison Chinchiolo.
The home – visible from Highway 99 to the west in a sightline with the palms along Palm Avenue as you approach Manteca from Ripon as well as visible from every overpass – is back on the market. This time it is owned free and clear by the seller.
To see the property you have to be prequalified. So far, nine different parties have toured the property. Unlike in the past where almost 100 percent of the interest was from developers and farmers, this time around seven of those looking at the property are interested primarily in the home.
When all is said and done, though, the true lure of the property is the land that consists of three parcels – 104 acres, and a pair of 40-acre parcels. It is in a 40-acre minimum zoning for agriculture.
The buyer – if they ultimately just wanted the home – could easily hold onto the land taking advantage of the eight ton per acre Chardonnay grape production then sell off two of the parcels as development moves south toward the proposed 1,050-acre Austin Road Business Park in the next 5 to 25 years.
The parcels happen to border the proposed east-west extension of McKinley Avenue that will ultimately parallel Woodward Avenue about a mile to the south and connect with the proposed $120 million Austin Road interchange midway from the existing interchange and Olive Avenue in Ripon.
That’s not saying the house isn’t worth writing home about. It is.
“This is the most high profile residential property in the area,” Chinchiolo said in a slight understatement.
Consider just a few of the home’s high points:
•The second floor consists of four 500 square foot bedrooms with separate baths. To put that in perspective, each bedroom is almost as large as an entire one bedroom apartment.
•The master suite has a balcony overlooking the property, two separate bathrooms featuring custom marble work, a gas fireplace, bar, sunken tub, two walk-in closets, and a barreled ceiling.
•The third floor consists of a 25-seat theatre with THX sound, Douglas fire flooring and paneling, a refrigerator, sink, gas fireplace, game room, hobby room, and two half baths.
•The first floor office-library is completely floored and paneled in Brazilian cherry wood and has its own fireplace plus built-in drawers.
•The kitchen features every conceivable appliance including two dishwashers, two trash compactors, two subzero refrigerators (one in kitchen, one in pantry), two Viking double ovens with bread warmers, two full kitchen sings, a Viking professional model gas stove top and burner and 39-inch deep granite counters.
•The great room has 28-fooot high ceilings, three ornate chandeliers, and one of the largest fireplaces you’re ever going to see.
•The full-sized basement is also a full-size garage complete with a wine cellar plumbed for refrigeration and an elevator running all the way to the third floor.
•The outside features two large verandas on either side of the home.
•The swimming pool is 20 by 80 feet and features a spa with a waterfall. There are approved plans for a pool house and a cabana.
•The tennis court is lighted.
•There is a concrete heliport.
And, as an added bonus, there is a separate office away from the house. It is built inside of a metal Butler-style building and features a grand office with a fully finished kitchen, enclosed wine cellar, dishwasher, microwave, halogen range, and laundry hook-up. The office is wired to a dedicated T1 line and broadcasts the connection to the main house wirelessly.
To top it all off, when the metal doors are rolled up it reveals panoramic full-size window walls and marble flooring.
“We call it the 007 office,” Chinchiolo said.
Elegant 30,000-square-foot house and 007 office aside, Chinchiolo said what will drive interest in any deal will be the land.
“Land prices haven’t dropped like housing prices have,” she noted. “And they just aren’t making land anymore.”
