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 #
CRLC24175757
MLS Source
California Regional MLS
Days on Site
115
Interior Features
Family Room
Other
Fireplace
Living Room
Laundry
In Garage
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 2 Car(s)
Elementary District
Kelseyville Unified
High School District
Kelseyville Unified
Water
Well
HOA Fee
$0
Zoning
APZ
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 1952. 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 29, 2024. For the most current information, please contact Tom Larson, (707) 462-1600
