$ 1,800,000
31819 Redwood HWY 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 Redwood HWY Cloverdale, CA 95425
3 Beds
1 Bath
924 SqFt
UPDATED:
10/18/2024 10:40 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $1,948
MLS Listing ID 324014765
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1958
Lot Size 22.630 Acres
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 No
Area Cloverdale
Interior
Heating Other
Cooling Other
Laundry Other
Exterior
Garage No Garage
Garage Spaces 4.0
Fence Barbed Wire, Partial
Utilities Available Electric
View Mountains, Vineyard
Roof Type Composition
Building
Story 1
Sewer Septic System
Water Well
Architectural Style Cottage
Level or Stories 1
Others
Senior Community No
Special Listing Condition Offer As Is
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