Texas Winery Up for Auction!
Anyone looking to take on a full-fledged Texas winery? The job could be yours this November 6 with the auction sale of Pheasant Ridge Winery up near Lubbock. One of the first Texas wineries founded in 1979, Pheasant Ridge not only has a bit of winemaking history under its belt, but a few award-winning wines as well.
Of course, winemaking in Texas isn’t for everyone. You’ve got the harsh climate with blazing summer heat, scorching droughts, pummeling hail, and chilly late spring freezes that can virtually decimate a crop and keep you from making wine, but people have done crazier things. And considering the growing number of wineries in the state—more than 275 strong—many of whom are making an impressive number of award-winning wines, you wouldn’t be alone.
The 120-acre property is divided into four parcels for the sale and includes an estate vineyard including Cabernet Sauvignon, Merlot, Cabernet Franc, Pinot Noir, Chenin Blanc, Chardonnay and Sémillon grapes—some of the champions of French red and white blends. The first parcel has the winery itself with office and tasting room along with wine-making equipment and the existing winery’s current wine inventory.
The opening bid for that parcel is set for $25,000 with the remaining parcels set at $500 peracre. Bidding begins at 11 a.m. (CST) on Wednesday, November 6. For more information, visit the hosting auction company’s site and for a video of the property, click here.
May the lucky winemaking entrepreneur win!