Winemaker Paul Hobbs has purchased the 42-acre Goldrock Ridge Vineyard in the isolated hills of the Sonoma Coast. The sale price was not disclosed, but vineyards in the region sell for as much as $200,000 an acre.
Located near the village of Annapolis, the vineyard is about five miles from the Pacific Ocean and is set on a rolling hilltop at an elevation of 550 feet. Planted to 38 acres of Pinot Noir and 4 acres of Chardonnay, the vineyard previously sold grapes to Patz & Hall and MacRostie wineries, as well as Hobbs.
"Finding a vineyard like Goldrock Ridge is like finding a rare diamond," Hobbs said in a statement, calling the purchase, "a pillar for our future."
Considered part of the "true Sonoma Coast," to distinguish it from the larger appellation with that name, the remote region in northwest Sonoma County is highly regarded by Pinot Noir producers. However, new vineyard development is scarce because of the rugged terrain, lack of water and environmental restrictions, making already-planted land appealing. (Hobbs himself has wrestled with vineyard development disputes in Sonoma).
The previous owner of Goldrock Ridge, CalPERS, the powerful state workers pension fund, sparked controversy in the region in 2012 with a plan to convert nearly 2,000 acres of timberland to vineyards. Since that deal fell through in 2013, CalPERS has been divesting itself from land holdings in recent years.
Hobbs owns numerous vineyards including Edward James, Ellen Lane, Katherine Lindsay and Ross Station in the Russian River Valley and Nathan Coombs in Napa Valley's Coombsville area. In addition to his California brands Paul Hobbs and CrossBarn, the winemaker is an active consultant in Argentina, Chile, Uruguay, France, Canada and Armenia.