31819 Redwood Highway
$1,800,000
Description
31819 Redwood Highway,
Cloverdale,
CA
95425
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.
This is an Active listing.
Broker Office Phone Number: 707-433-2000
Copyright © 2024Bay Area Real Estate Information Services, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Composition Shingle Roof
- Garage
Listing By: Luxe Places International Realty via Data Source: Bay Area Real Estate Information Services, Inc.
Single Family
Property type
Price History
| date | price | variance | type |
|---|
| 10/5/2024 | $1,800,000 | 7.69 % | decreased |
| 9/4/2024 | $1,950,000 | 7.14 % | decreased |
| 5/14/2024 | $2,100,000 | - | Listed |
listing agent: Tom Larson
