415.971.5651
patrick@
SF Office
$1,800,000
31819 Redwood Highway
Cloverdale CA 95425Residential / Single Family Residence
3 Bedrooms / 1
Cottage, Garage, Cloverdale, Sonoma
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.
Status:
Active
MLS:
324014765
Property Type:
Single Family
Square Feet:
924 (approx)
Lot Size:
985,763 sqft / 22.63 acres (approx)
Listed:
Mar 6, 2024
Year Built:
1958
Construction:
Wood
Cooling:
Other
Fencing:
Barbed Wire, Partial
Full Bathrooms:
1
Heating :
Other
HOA:
No
Laundry Features:
Other
Levels:
One
Lot Features:
Secluded
Parking Features:
No Garage
Pool:
No
Roof:
Composition
Spa:
No
Stories:
1
Style:
Cottage
Updated: Thursday, Nov 21 2024
www.patricklowell.com/ca/cloverdale/31819-redwood-highway/Copyright 2024, Bay Area Real Estate Information Services, Inc. All Rights Reserved. Listing courtesy of Tom Larson at Luxe Places International Realty
31819 Redwood Highway
Cloverdale, CA
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