How do I finance a vineyard purchase?
A vineyard is financed against the appraised value of the land and planted vines, typically at 50–70% LTV. Turnrow lends up to $1.5M at up to 70% LTV on non-owner-occupied vineyards with no tax returns or financials — a term sheet arrives in 24–48 hours.
Appraisers value a vineyard in layers: the underlying land, the vines by variety and age, and the trellis, irrigation, and frost protection systems. Vines in years 3–25 carry the most value; a block past year 30 may appraise closer to bare land. Expect the appraisal to lean on comparable vineyard sales in your AVA or county, not row-crop comps.
Traditional farm credit lenders will ask for three years of tax returns, crop contracts, and a production history. That works if you have time and a clean file. If you are buying at auction, closing on a 1031 deadline, or the seller wants a 30-day escrow, a private bridge loan closes first and refinances later.
Water is the underwriting hinge. A vineyard with adjudicated surface rights or a permitted well with a recent pump test appraises and closes faster than one relying on an informal shared-well agreement. Get the water documentation into the file on day one.
The Turnrow angle
Turnrow underwrites the vineyard itself — appraised value, water, access, and marketability — not your income. 680+ credit with a soft pull, terms of 12–36 months, and closing in 2–4 weeks.
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