Property Details
About this Property
This 31-acre vineyard in the Big Valley District AVA of Lake County is a cash cow with a projected cap rate of over 12% for 2024. The vineyard was planted with premium Sauvignon Blanc in 2018 and 2019, and it boasts impressive yields of 350 tons in 2023, over 11 tons per acre. 2024 is set to surpass last year's performance with projections close to 12-13 tons per acre. With this year's current grape contracts and expected yield, the vineyard is set to gross annual income over $620,000, making it a highly lucrative investment. Enrolled in the California Certified Sustainable Vineyard program, the vineyard practices environmentally friendly and sustainable farming. The estate is well-equipped with two agricultural wells, ensuring efficient irrigation throughout the growing season. Also, it includes a comfortable 2,000 sq ft primary home, ideal for additional income or on-site living, along with a large agricultural barn and horse riding arena. With young vines, a trending varietal, and high yields, this property offers an unbeatable combination for agricultural cash flow in the North Coast.
MLS Listing Information
MLS #
BA324065895
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
121
Interior Features
Kitchen
Countertop - Tile
Fireplace
Other
Laundry
220 Volt Outlet, In Garage
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Pool
Pool - No
Style
Craftsman
Parking, School, and Other Information
Garage/Parking
Attached Garage, Facing Front, Garage: 2 Car(s)
Water
Well
Contact Information
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
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
4635 Renfro Dr is a Single Family Residence in Lakeport, CA 95453. This 2,000 square foot property sits on a 45.57 Acres Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $3,750,000 and was built in 0. This address can also be written as 4635 Renfro Dr, Lakeport, CA 95453.
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This listing information is up-to-date as of August 27, 2024. For the most current information, please contact Tom Larson, (707) 433-8000
