Gap's Crown, a Top Sonoma Coast Pinot Noir Vineyard, Is Sold
Gap's Crown, a Top Sonoma Coast Pinot Noir Vineyard, Is Sold
Jan 23, 2013 6
(WineSpecatator) - Gap’s Crown, a Sonoma Coast vineyard that supplies Pinot Noir to top producers like Kosta Browne, Patz & Hall and MacPhail, has been purchased by Bill Price, a financial investor who has taken a stake in several leading California vineyards and wineries in recent years.
Price would not disclose a sale price for the 138-acre vineyard, but he did offer this ballpark figure: “We have crossed the threshold of $100,000 an acre for a Sonoma vineyard.” Price holds ownership interests in wineries such as Kistler, Three Sticks, Gary Farrell and Kosta Browne, as well as Durell Vineyard.
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