Listing Courtesy of: Tom Larson - Luxe Places International Realty 707-433-2000 707-433-8000
$1,800,000 affordable loan icon Calculate Payment

31819 N Redwood Highway Cloverdale, CA 95425

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Other Residence
Beds
Baths
Sq. Ft.
22.63 Acre Lot

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Last updated on 11/15/2024 10:42 PM
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. Continue reading
MLS#
324013949
Property Type
Other
Year Built
1958
Lot Size
22.63
Sewer
Septic

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Listing Courtesy of: Tom Larson - Luxe Places International Realty 707-433-2000 707-433-8000

Barbara Simmons, Xome Inc., CalBRE #637579, [email protected] , 844-400-9663 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved.
This content last refreshed on 11/15/2024 10:42 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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