FREDERICKSBURG – CB Wine Tourism Developments, a Mexican firm specializing in wine-focused experiences, is in pre-development for a 220-acre project on SH 290 between Fredericksburg and Johnson City called Puerta Del Lobo.
The homes are aimed at wine enthusiasts who are interested in owning a vineyard but do not want to manage large acreages.
The development will include 90 luxury homes on 1.5-acre lots, each with its own vineyard.
The developer is marketing the lots to custom homebuilders and will also offer 4,500-sf spec homes with prices set around the $2.5 million mark.
Completed lots are currently going for around $650,000, which is expected to increase to $1.1 million as development progresses.
The first of three phases of development will kick off once Gillespie County signs off on the project. However, presale has already begun.