Owner may carry this lucrative 18.5 +/- acre Cabernet Sauvignon and Zinfandel vineyard nestled in the rich soils of the upper end of Alexander Valley AVA. Historically, there have been excellent tonnages and grape sales. The property has roughly a 10% cap rate based on the 2024 harvest and contracts in place for 2025. Further, boost the income by renting the 3/1 home at a market rent of roughly $1,600 monthly. Not to mention reduced taxes from the Williamson Act contract. This vineyard is a prime investment with diverse possibilities, from continuing as a high-yield vineyard to developing into a prestigious winery or a private estate with an active vineyard. The combination of robust income potential, tax advantages, and scenic beauty makes this property rare in Alexander Valley AVA.
MLS #
BA324013022
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
250
Existing Structures
Sheds
Fencing
BarbedWire, PartialFencing
Present Use
Agricultural, Residential
Sewer
Septic Tank
HOA Fee
$0
Listing Agent
Tom Larson
Luxe Places International Realty
License #: 01057428
Phone: (707) 433-8000
Co-Listing Agent
Gurdeep Walia
Luxe Places International Realty
License #: 02056131
Phone: (707) 540-3766
31819 N Redwood Highway Unkn is in Cloverdale, CA 95425. This Land is currently priced at $1,800,000.
This address can also be written as 31819 N Redwood Highway Unkn, Cloverdale, CA 95425.©2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
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This listing information is up-to-date as of October 18, 2024. For the most current information, please contact Tom Larson, (707) 433-8000