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4 reasons to invest in a vineyard

4 reasons to invest in a vineyard

4 of 4 4/4

It can be a rewarding way of life

"We were searching for a country home; I was between Miami and New York and Steph was in San Francisco," says Dennis O'Neil, co-owner of the Checkerboard estate in Napa Valley (pictured). "We were looking for something in wine country in the Napa Valley area and we came across the initial part of the Checkerboard estate, mulled over it for a year and eventually bought it."

"It needed everything — there were no roads to it, no water and no electricity. We have spent a fortune — in excess of $25 million, but we’ve essentially built a small town. It was purely a pleasure building it, but it is an operating and profitable business now. Once you start producing and selling delicious wine, you have to become serious about it because your customers are serious about it. We certainly enjoyed and collected wine before, but we weren’t connoisseurs; now we tell people we are farmers."

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