Russian River Valley Premium Pinot Noir Vineyard

& Wine Country Home Shared Ownership Opportunity

Balinard Estate - Sketch Model

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Balinard Estate - Area Wineries Map

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Balinard Estate - Area Map

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Balinard Estate - Landscape Plan

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Balinard Estate - Property Map

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Balinard Estate - Vines

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Sonoma County, California

Matt Reidy, an award winning Pinot Noir winemaker and vineyard owner, is looking for one more wine enthusiast to invest alongside of him and two recent partners in his established Balinard Vineyard Estate, an existing, super premium Pinot Noir vineyard and beautiful home site property located in the heart of Sonoma County’s Russian River Valley grape growing area..

RUSSIAN RIVER WINE GROWING AREA:
The property is situated near the quaint towns of Sebastopol, Occidental, Graton and Freestone in the Russian River Valley, and is shared in 25% interests between two existing partners and Matt (there is one 25% interest available)The open floor plan is perfect for relaxing or entertaining.  The 12 foot ceilings in the great room lend a gracious volume and connect with the professional kitchen featuring stainless appliances, a Viking range and an island for gathering.

HOME CONCEPT TO BE BUILT ON OUR EXISTING DEVELOPED HOME SITE:
The improved home site is nestled close to the vineyard and is improved with a full water and power system, privacy landscaping, engineered road and septic permit which eases the planned construction of the wine country retreat. We are finalizing design drawings for the new home with construction starting fall of 2010. The modern architectural vernacular of the design is in keeping with the many period country farm houses found throughout the area and will feature state of the art features throughout including a wrap around porch facing the vineyard.  Installation of a pool, large terrace, formal automated entry gate with hardscape elements, extensive landscaping, organic herb & vegetable garden, builtin grill, several al fresco dining areas & fire pit complete the planned development.

A FLOOR PLAN FOR MAXIMUM WINE COUTRY LIVING:
We have carefully and thoughtfully designed an open floor plan for the home which will not only be a wonderful place for entertaining family and friends but will also allow the partners to share the space with ease. A great room with 18 foot ceiling will greet you and your guests. A gourmet kitchen and wine cellar for each partner are key features of this wine country retreat. The home will include 2 spacious master suites. The one on the ground floor will be wheelchair accessible. The main floor will also feature a media room.

The home will feature an office, 2 additional bedrooms and four and half bathrooms. Each partner will also have their own secure storage area. The approximately 3,000 square foot home will be furnished using a comfortable modern design aesthetic. A 750 square foot porch with views of the vineyard, pool, garden and distant hills completes the picture.

BALINARD ESTATE FEATURES:
Lease: Matt will lease the vines from the owners for a nominal amount and will pay 100% of all vineyard farming expenses which currently run $30,000 per year. The first wines from Balinard Estate will be made from its first grape crop this coming fall. Full grape production is expected in 2011 which will generate approximately 6.0 – 7.0 tons of grapes. Each partner will be given the opportunity to create up to 10 cases of super premium Pinot Noir from the vineyard with Matt at cost (production and fruit expense with no mark-up).

Income: The owners will have the opportunity to generate vacation rental when they are not using their assigned usage weeks. Net rental income after cleaning, and other rental costs will be distributed back to the owner.

Value Creation: Property Investment value will be created in four ways: (i) as the vineyard matures and reaches stable crop output the value of the land increases, (ii) development of a home / wine-country retreat will add long term value to the existing site, (iii) vacation rental can provide immediate cash flow to owners upon completion and (iv) aging Baby Boomers will continue to create long term secular demand for recreational property especially for those located an easy drive form affluent metros like the Bay Area which will put upward price pressure on vineyard and wine country properties.

Project and Property Management: Matt Reidy, the current owner, will retain a 25% interest in the property and will continue to manage all aspects of the vineyard, home, landscape, and other partnership matters leaving the other partners a hassle free ownership experience in the first year of ownership. Matt is a private equity investment principal who is also an award winning Pinot Noir maker for his Connor Brennan Cellars Winery – www.connorbrennan.com The owners will not pay Matt a property or project management fee. Once the home is complete, property management duties will rotate between owners on an annual basis.

Shared Ownership Benefits: By sharing ownership, the partners are purchasing only what can truly be used at a fraction of the price of whole ownership. The partners will have all of the benefits of the vineyard and home without the exposure of owning 100% of the property which dramatically reduces the cost of purchase , carrying costs and attendant hassles of whole ownership. Unlike other fractional projects in wine country, which can be marked up 60-100% above costs, the owners here will only pay for the actual land/vineyard acquisition and home development at cost.