$ 1,800,000
31819 N Redwood Highway Cloverdale, CA 95425
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Listed by Tom Larson • Luxe Places International Realty
$ 1,800,000
Est. payment /mo
Price Dropped by $150K
31819 N Redwood Highway Cloverdale, CA 95425
985,763 SqFt
UPDATED:
10/18/2024 10:40 PM
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Square Footage 985,763 sqft
Price per Sqft $1
MLS Listing ID 324013022
HOA Y/N No
Lot Size 22.630 Acres
Acres 22.63
Property Description
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.
Location
State CA
County Sonoma
Community Barn
Area Cloverdale
Zoning Agricultural,Farm/Ranch,Vineyard
Exterior
Fence Barbed Wire, Partial
Utilities Available Phone Connected, Propane Tank Leased
Building
Lot Description Shape Regular
Sewer Septic Tank
Water Agricultural Well, Domestic Well Storage Tank, Domestic Well With Pump, Storage Tank
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