‘Magical' estate offers 360-degree mountain, river and vineyard views east of Sacramento
Imagine waking up every morning to the sun rising over the Sierra Nevada and the American River, and then unwinding with the sun going down over your own private vineyard and the rolling hills.
'It's absolutely the most magical place I've seen from the Sierra views, the sunrise, (to) the sunsets over the vineyard,' listing agent Andrea Duane of REAL Broker said about an extraordinary estate in the foothills above Sacramento.
The home at 2195 Dias Dr. — which sits on nearly 99 acres with unobstructed views in every direction — is on the market for $2.25 million.
The estate is the highest priced residential listing in the city of Placerville. If it sells near the asking price, it would be one of the highest sales ever for the town of 11,000 people located 40 miles east of Sacramento. Placerville has only seen five residential MLS sales ever above the $2 million mark, according to Ryan Lundquist, a Sacramento appraiser and housing market expert.
The gated home, which has a four-acre hillside vineyard, lies only 3.5 miles from downtown Placerville. Sitting on the top of a ridge, the residence looks down upon Chili Bar, one of California's most popular whitewater stretches, and the old historic flume in the distance.
Elenridge Vineyard, the name of the acreage where the estate grows Roussanne, Mourvedre and Viognier grapes, is maintained by a vineyard management company, Duane said. The sales price includes a 50-by-35-foot workshop with vineyard equipment. There are two more acres available for planting grapes, too.
'If you didn't want to take care of vineyard yourself, if you're not a hobby wine maker, you can just have it maintained solely by the vineyard management,' she said.
The Spanish villa-style house displays wonderful architecture and custom details, such as colorful imported Spanish tiles, 12-foot vaulted wood-beamed ceilings, oversized windows and sturdy 2x6 frame construction.
The open living space flows across 3,800 square feet with four bedrooms and three full bathrooms.
'My favorite room in the house is probably the living room, with the wood-beam ceilings anchored by that fireplace and gorgeous picture windows out to the Sierra and the river,' Duane said.
She also pointed out her appreciation for the colorful, imported tiles adorning the risers going up the stairway to the second floor and the steps to the living room.
'As you're going up the staircases, you have all of these unique pieces of tile that have been collected over the years from the '50s and '60s that are thoughtfully inlaid throughout the house (and) bathrooms,' she said.
The sellers are the original owners and the only family to have lived in the home, which was built in 1990.
The house has an upstairs, primary bedroom and deck that look east toward the expansive mountain range. The ensuite bathroom has a luxurious 6-foot Jacuzzi-type tub.
The chef's kitchen is an open concept design and leads into a formal dining room with panoramic windows.
The listing suggests the property could be used to host wedding receptions, 'creative retreats,' or exclusive events 'amidst this dreamlike backdrop.'
Gold Rush ranch for sale boasts mountain views and hidden treasure in Northern California
See Sacramento home's beautiful indoor basketball court, one of many stunning features
Sacramento-area home hits market for $1.3M. It features striking views of Folsom Lake
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
10 hours ago
- CNBC
Spain treads a risky path by standing up to Trump on defense and China
Spain's somewhat unique approach to defense and foreign policy is fueling tensions with the Trump administration. The Spanish government recently renounced U.S. aircraft purchases and resisted intense pressure to commit to NATO's new 5% defense spending target, while seeking closer economic ties with China. Taken together, analysts say Spain has become a rare example of a European country willing to draw the ire of U.S. President Donald Trump. Notably, despite Trump threatening a tough trade deal for Spain, the southern European country has not yet faced any material consequences. "Spain is an interesting case in Europe because it is really the only country that is openly antagonizing Trump whereas everybody is trying to keep their head down for the most part," Federico Santi, a senior analyst focused on southern Europe at Eurasia Group, told CNBC by video call. What's particular to Spain, Santi said, was the "distinct weakness" of the country's minority leftist coalition government, which has been embroiled in a series of scandals and corruption investigations. Spanish Prime Minister Pedro Sanchez, who has led the country since 2018, has rebuffed calls from opposition lawmakers to resign. The leader of the Spanish Socialist Workers' Party has instead said he intends to run for re-election in 2027. The opportunity to focus on big-ticket foreign policy issues such as defense, Eurasia Group's Santi said, could help Sanchez to distract the public from his own domestic woes. "Spain has, by and large, gotten away with its fairly outspoken criticism of Trump for two main reasons. Number one, it is in the EU. So, unlike the South Africa's or Brazil's of the world that faced a very direct backlash from Trump in the form of higher tariffs, they are somewhat shielded from that," Santi said. "And the other point I think that works to Sanchez's advantage is that Trump just doesn't seem to be that concerned or aware of Spain as a country. I mean, he's aware of it, but it is not really on his radar," he added. A spokesperson for Spain's government did not respond to a CNBC request for comment. Spain's defense ministry said last week that it was no longer considering the option of buying U.S.-made F-35s, Reuters reported, preferring instead to replace its ageing fighter jet fleet with European military aircraft. The decision to snub Lockheed Martin's fighter jets came after Trump said it was "terrible" that Madrid wouldn't commit to the NATO defense spending target of 5% of gross domestic product by 2035. Speaking at a news conference at NATO's annual summit in the Netherlands in late June, Trump said the Spanish economy "could be blown right out of the water with something bad happening." The U.S. president also threatened to make Spain pay "twice as much" on trade, criticizing Madrid for wanting to take "a little bit of a free ride" on defense. The U.S. and EU, however, have since signed a framework trade agreement that means the 27-nation bloc will face tariffs of 15% on EU goods to the U.S. The EU negotiates trade deals collectively, which means Spain benefits from the collective bargain struck by Brussels. In stark contrast, Switzerland, which is not a member of the EU, has been hit hard by a U.S. tariff rate of 39% on key export products. Ignacio Molina, senior fellow at the Elcano Royal Institute, a think tank in Madrid, said Spain's geographic distance from Russia and the distinct features of its foreign policy stretching back to its last war in 1898, which was against the U.S., means that Madrid views its relationship with Washington as "less vital" than other EU countries. "The dominant political culture in Spain is much more pro-European than Atlanticist. Even with regard to Ukraine (whom Spain strongly supports) Spain's main focus is on its EU accession bid and the reception of refugees, not on its NATO membership or arms deliveries," Molina told CNBC by email. Molina highlighted that Spain-U.S. relations are further complicated by the fact that the Spanish government is the "most ideologically left-leaning" in all of Europe. "This introduces a domestic political temptation to distance itself from Trump, who is extremely unpopular in Spain, including among center-right voters," Molina said. A diplomatic rift between Spain and the U.S. has also been exacerbated by Madrid's pursuit of closer economic ties with Beijing. The U.S. has two military bases in southern Spain, a country that has emerged as one of Europe's most China-friendly governments. Both U.S. and EU officials have recently been critical of Sanchez's decision to award a multi-million-euro contract to Chinese tech giant Huawei for the use of its wiretapping technology. Kristina Kausch, senior fellow at the German Marshall Fund of the U.S., and the think tank's representative in Madrid, said Spain's deepening ties with China had raised eyebrows in the U.S. and parts of Europe. "While this echoes a broader desire in Europe for strategic rebalancing, EU leaders have stressed that such a rebalancing must be based in reciprocity," Kausch said. By resisting U.S. purchasing pressure on defense, Kausch told CNBC that Spain has demonstrated Europe's determination to independently develop military capabilities and industrial capacity. Even with the cover of EU membership, however, Kausch said the approach is not likely to be risk-free. "Spain is giving a voice to concerns that are also shared, to greater or lesser degree, by other EU or NATO allies. It shows leadership, but it is also a big gamble that could backfire on Sanchez personally, on Spain, and on Europe," she added.
Business Wire
14 hours ago
- Business Wire
MediaCo Reports Second Quarter Net Revenue of $31.2 Million and First Half of 2025 Net Revenue of $59.3 Million
NEW YORK--(BUSINESS WIRE)-- Financial Results Net Revenue. Year-to-date Net Revenue was $59.3 million, up $26.4 million, or 80%, from the prior year, driven primarily by new Audio and Video segment assets from the April 2024 Estrella Acquisition. Net Loss. Year-to-date Net Loss was $17.4 million, an improvement of $34.6 million from the prior year, primarily due to higher revenue and lower corporate costs related to the April 2024 Estrella Acquisition. These gains were partially offset by higher operating, depreciation, and amortization expenses tied to the Estrella Acquisition, along with a prior-year change in fair value of warrant shares liability. Net Loss margin improved to (29)% from (158)% in the prior-year period. Adjusted EBITDA. Year-to-date Adjusted EBITDA was $2.9 million, up $7.4 million from the prior year, driven by higher revenue and improved operational management. Adjusted EBITDA margin improved to 5% from a negative margin in the prior-year period. Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please refer to the 'Definitions and Disclosures Regarding Non- GAAP Financial Information' section herein, the reconciliations at the end of this press release and additional information on our website. 2025 Second Quarter Financial Summary 2025 First Half Financial Summary (1) Net Income margin is Net Income as a percentage of Net Revenue. Adjusted EBITDA margin is Adjusted EBITDA as a percentage of Net Revenue. (2) Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please refer to the 'Definitions and Disclosures Regarding Non-GAAP Financial Information' section herein, the reconciliations at the end of this press release and additional information on our website. Expand Albert Rodriguez, MediaCo CEO and President, commented, 'We're proud to report a 19% year-over-year revenue increase this quarter, clear proof that our business is not only strong but gaining real momentum. Even more compelling is the 345% surge in first half digital revenue, which now accounts for 33.0% of our total ad income. This growth is fueled by our deep connection with multicultural audiences and the cultural relevance we deliver across every platform. It's a powerful validation of our strategy and indicates that MediaCo is leading the charge in today's digital-first economy. This quarter delivered record revenue, with P18–49 growth in five of the last seven months. EstrellaTV was the only Spanish-language broadcast network to post year-over-year prime-time growth for the full quarter—proof of our consistent performance and enduring audience connection.' Debra DeFelice, CFO and Treasurer, commented, 'MediaCo delivered a record second quarter, reflecting continued strength across our portfolio. Growth was driven by increases in radio and TV advertising revenue, record-breaking digital performance, and disciplined expense management. Our successful integration of Estrella Media assets from the most recent acquisition, combined with the progressive realization of synergies across markets and multiple delivery platforms, is fueling strong, sustainable results. We remain focused on delivering strong operating performance, enhancing cash flow, and executing on our long-term growth strategy, while advancing our content offerings and accelerating digital expansion. These initiatives position us to capitalize on emerging opportunities in the second half of the year.' Company and Business Highlights MediaCo Holding Inc. (Nasdaq: MDIA) is a diverse-owned, multi-platform media company serving multicultural audiences across the U.S. Through a network of iconic brands—including Hot 97, WBLS, EstrellaTV, Estrella News, Que Buena Los Angeles and the Don Cheto Radio Network—MediaCo reaches over 20 million people monthly via television, radio, digital, and streaming platforms. The company's innovative and culturally resonant content spans music, news, and entertainment across major local and national markets. New Programming: EstrellaTV is poised for continued growth with new sports, original, and acquired programming. The network secured multi-year rights to all Tigres, Tigres Femenil, Juarez, and Juarez Femenil Liga MX home games across all platforms. It also acquired multiplatform rights to the live music reality show Objetivo Fama and greenlit another season of Tengo Talento, Mucho Talento: Nueva Era for fall. Events: The 31st annual Summer Jam sold out the Prudential Center, featuring A Boogie, Wit Da Hoodie, Gunna, GloRilla and more and is back in June 2026, promising an even bigger show. In celebration of Cinco de Mayo, MediaCo's Spanish-language radio stations hosted sold out music festivals in Los Angeles, Houston and Dallas with over 40,000 in attendance. Digital & Streaming: MediaCo expects remarkable year-over-year digital and streaming revenue growth, fueled by EstrellaTV's Spanish-language brands and rising demand for CTV and FAST channels on major platforms. FAST watch time and monetized CTV ad inventory grew significantly in Q2. EstrellaTV and Estrella News were ranked as the top Latino-focused mixed IP FAST channels in the most recent Amagi/Ampere report. In Q2, FAST monthly watch time topped 310M minutes and monetized premium CTV ad inventory rose 290% YoY. MediaCo expanded its FAST footprint and ad mix with WAPA+ and Todos Novelas via Hemisphere Media. HOT 97's digital platforms amplified Summer Jam with record engagement in social reach up 1,000% to 38M users and web/app visitors up nearly 80% YoY. Hot 97 TV, a new FAST channel for Hip Hop and Afro culture, is set to launch this summer and is an example of the many initiatives with Trace to expand Afro-Urban content globally. HOT 97 and WBLS also launched commercial-free stations on TuneIn's premium service for new revenue opportunities. Radio: In early 2025, MediaCo's radio division grew primetime A25-54 audiences 24% vs. the prior four months, outpacing the market's 18% growth. Gains were led by KBUE/LA (+56%), KRQB/Riverside/San Bernardino (+46%), Dallas stations (+38% combined), Houston (+19%), and New York (+14% combined). Broadcast TV: EstrellaTV posted year-over-year prime time growth in five of the last seven months. Q2 P18-49 Mon–Sun prime averaged 15.3k viewers, up 23% YoY, driven by new originals and news programming. On May 14, the semifinal Liga MX match (Tigres UANL vs. Toluca) delivered the network's largest full coverage P18-49 audience ever (+157% vs. season average). June marked the third straight monthly gain, with Mon–Fri prime up 29% YoY. Local TV: EstrellaTV Local saw strong year-over-year growth in the combined April–May book averages. Three of the network's largest owned-and-operated stations posted gains in weekday prime among P18-49: KRCA/LA nearly doubled its audience (+96%), QFAA/Dallas grew +49%, and KZJL/Houston surged +143%. WGEN/Miami also delivered impressive results, up +198% in weekday prime among P25-54. Forward-Looking Statements This communication includes or incorporates forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended ('Exchange Act'). You can identify these forward-looking statements by our use of words such as 'intend,' 'plan,' 'may,' 'will,' 'project,' 'estimate,' 'anticipate,' 'believe,' 'expect,' 'continue,' 'potential,' 'opportunity' and similar expressions, whether in the negative or affirmative. Such forward-looking statements, which speak only as of the date hereof, are based on managements' estimates, assumptions and beliefs regarding our future plans, intentions and expectations. We cannot guarantee that we will achieve these plans, intentions or expectations. All statements regarding our expected financial position, business, results of operations and financing plans are forward-looking statements. Actual results or events could differ materially from the plans, intentions or expectations disclosed in the forward-looking statements we make. We have included important facts in various cautionary statements in this communication that we believe could cause our actual results to differ materially from forward-looking statements that we make. The forward-looking statements do not reflect the potential impact of any future acquisitions, mergers or dispositions. We undertake no obligation to update or revise any forward-looking statements because of new information, future events or otherwise. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see MediaCo's other filings with the Securities and Exchange Commission. Definitions and Disclosures Regarding Non-GAAP Financial Information We define Adjusted EBITDA as consolidated Operating loss adjusted to exclude restructuring expenses, business combination transaction costs, unusual and non-recurring expenditures and non-cash compensation included within operating expenses, as well as the following line items presented in our Statements of Operations: Depreciation and amortization, Loss on disposal of assets, change in fair value of warrant shares liability and Other income. Alternatively, Adjusted EBITDA is calculated as Net loss, adjusted to exclude Provision for income taxes, Interest expense, net, Depreciation and amortization, Loss on disposal of assets, Change in fair value of warrant shares liability, Other income, and Other adjustments. We use Adjusted EBITDA, among other measures, to evaluate the Company's operating performance. This measure is among the primary measures used by management for the planning and forecasting of future periods, as well as for measuring performance for compensation of executives and other members of management. We believe this measure is an important indicator of our operational strength and performance of our business because it provides a link between operational performance and operating income. It is also a primary measure used by management in evaluating companies as potential acquisition targets. We believe the presentation of this measure is relevant and useful for investors because it allows investors to view performance in a manner similar to the method used by management. We believe it helps improve investors' ability to understand our operating performance and makes it easier to compare our results with other companies that have different capital structures or tax rates. In addition, we believe this measure is also among the primary measures used externally by our investors, analysts and peers in our industry for purposes of valuation and comparing our operating performance to other companies in our industry. Since Adjusted EBITDA is not a measure calculated in accordance with GAAP, it should not be considered in isolation of, or as a substitute for, operating loss or net loss as an indicator of operating performance and may not be comparable to similarly titled measures employed by other companies. Adjusted EBITDA is not necessarily a measure of our ability to fund our cash needs. Because it excludes certain financial information compared with operating loss and compared with consolidated net loss, the most directly comparable GAAP financial measures, users of this financial information should consider the types of events and transactions which are excluded. For a reconciliation of these non-GAAP financial measurements to the GAAP financial results cited in this news announcement, please see the supplemental tables at the end of this release. About MediaCo Holding Inc. MediaCo Holding Inc. (Nasdaq: MDIA) is a diverse-owned, multi-platform media company serving multicultural audiences across the U.S. Through a network of iconic brands—including Hot 97, WBLS, EstrellaTV, Estrella News, Que Buena Los Angeles and the Don Cheto Radio Network—MediaCo reaches over 20 million people monthly via television, radio, digital, and streaming platforms. The company's innovative and culturally resonant content spans music, news, and entertainment across major local and national markets. More info at MEDIACO HOLDING INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Six Months Ended June 30, Change (Dollars in thousands) 2025 2024 $ % NET REVENUES $ 59,275 $ 32,908 26,367 80 OPERATING EXPENSES: Operating expenses 63,986 41,297 22,689 55 Corporate expenses 3,147 6,835 (3,688 ) (54 ) Depreciation and amortization 3,466 1,564 1,902 122 Loss on disposal of assets 144 5 139 2,780 Total operating expenses 70,743 49,701 21,042 42 OPERATING LOSS (11,468 ) (16,793 ) 5,325 (32 ) OTHER INCOME (EXPENSE): Interest expense, net (7,609 ) (3,918 ) (3,691 ) 94 Change in fair value of warrant shares liability — (31,027 ) 31,027 N/A Other income 2,230 20 2,210 11,050 Total other expense (5,379 ) (34,925 ) 29,546 (85 ) LOSS BEFORE INCOME TAXES (16,847 ) (51,718 ) 34,871 (67 ) PROVISION FOR INCOME TAXES 559 266 293 110 NET LOSS $ (17,406 ) $ (51,984 ) 34,578 (67 ) Expand MEDIACO HOLDING INC. NON-GAAP FINANCIAL MEASURES RECONCILIATIONS OF NET LOSS TO EBITDA AND ADJUSTED EBITDA (1) AND NET LOSS MARGIN TO ADJUSTED EBITDA MARGIN (1) Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2025 2024 2025 2024 Net revenues $ 31,245 $ 26,202 $ 59,275 $ 32,908 Net Loss $ (8,521 ) $ (48,125 ) $ (17,406 ) $ (51,984 ) % Margin (28 )% (184 )% (29 )% (158 )% Provision for income taxes 279 182 559 266 Interest expense, net 3,855 3,782 7,609 3,918 Depreciation and amortization 1,697 1,431 3,466 1,564 EBITDA $ (2,690 ) $ (42,730 ) $ (5,772 ) $ (46,236 ) Loss on disposal of assets 5 5 144 5 Change in fair value of warrant shares liability — 31,027 — 31,027 Other income (2,119 ) (10 ) (2,230 ) (20 ) Other adjustments 6,595 6,486 10,776 10,725 Adjusted EBITDA (1) $ 1,791 $ (5,222 ) $ 2,918 $ (4,499 ) % Margin (1) 6 % (20 )% 5 % (14 )% (1) We define Adjusted EBITDA as consolidated Operating loss adjusted to exclude restructuring expenses, business combination transaction costs, unusual and non-recurring expenditures and non-cash compensation included within operating expenses, as well as the following line items presented in our Statements of Operations: Depreciation and amortization, Loss on disposal of assets, change in fair value of warrant shares liability and Other income. Alternatively, Adjusted EBITDA is calculated as Net loss, adjusted to exclude Provision for income taxes, Interest expense, net, Depreciation and amortization, Loss on disposal of assets, Change in fair value of warrant shares liability, Other income, and Other adjustments. We define Adjusted EBITDA margin as Adjusted EBITDA as a percentage of net revenue. We use Adjusted EBITDA and Adjusted EBITDA margin, among other measures, to evaluate the Company's operating performance. These measures are among the primary measures used by management for the planning and forecasting of future periods, as well as for measuring performance for compensation of executives and other members of management. We believe these measures are an important indicator of our operational strength and performance of our business because they provide a link between operational performance and operating income. They are also primary measures used by management in evaluating companies as potential acquisition targets. We believe the presentation of these measures is relevant and useful for investors because it allows investors to view performance in a manner similar to the method used by management. We believe they help improve investors' ability to understand our operating performance and make it easier to compare our results with other companies that have different capital structures or tax rates. In addition, we believe these measures are also among the primary measures used externally by our investors, analysts and peers in our industry for purposes of valuation and comparing our operating performance to other companies in our industry. Since Adjusted EBITDA and Adjusted EBITDA margin are not measures calculated in accordance with GAAP, they should not be considered in isolation of, or as a substitute for, operating loss or net loss, or net loss margin as indicators of operating performance and may not be comparable to similarly titled measures employed by other companies. Adjusted EBITDA and Adjusted EBITDA margin are not necessarily measures of our ability to fund our cash needs. Because they exclude certain financial information compared with operating loss, consolidated net loss, and consolidated net loss margin, the most directly comparable GAAP financial measures, users of this financial information should consider the types of events and transactions which are excluded. Expand
Yahoo
20 hours ago
- Yahoo
Barcelona have closed their transfer window
Barcelona have closed their transfer window originally appeared on The Sporting News According to major Spanish outlet Barcelona are closing up shop for this transfer window after the departure of Iñigo Martinez. This news comes despite many fans wanting Barcelona to fill in the hole left behind by Iñigo and a backup fullback. Barcelona believe that they have enough depth even in the centre back position positions as they believe Pau Cubarsi, Ronald Araujo, and Andreas Christensen are all starter level players and Jules Kounde, Eric Garcia and Gerard Martin are good enough to play the position. It also comes down to Barcelona once again struggling to meet financial fair play rules and having to focus more on trying to register players before trying to sign any. They do have ways to do it but Barca have to wait if La Liga will approve the sales of VIP seats and if they approve Marc-Andre Ter Stegen's medical report which would free up his wages for registration. This could all be approved and Barcelona would be well within the 1:1 rule but it seems they have learned from the past to wait and see if everything goes right. Barcelona fans may feel underwhelmed by letting a starting centre back go for free as the team is left with Cubarsi, two injury prone centre backs, Kounde and Garcia who haven't been playing centre back, and Gerard Martin who has never played the position at a professional level. It's probably the wrong decision to let go of a centre back when Barca have more talent and depth in a position like midfield where they could afford to let a player go ,but as long as Barcelona register their players, it is still a great team and it should be an exciting season.
