31819 N REDWOOD HWY
CLOVERDALE, CA 95425
$2,200,000
3 Beds
1 Baths
924 Sq Ft
Status Active
MLS# 324014765
This lucrative 18.5 +/- acre Cabernet Sauvignon and Zinfandel vineyard is nestled in the rich soils of the upper end of Alexander Valley AVA. Historically, there have been excellent tonnages and grape sales. Currently, the property has a 9% cap rate based on the 2023 harvest. Further, boost the income by renting the 3/1 home at a market rent of roughly $2,000 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.
Details for 31819 N REDWOOD HWY
Built in 1958
$2,381 / Sq Ft
4 parking spaces
Other
Other
105 Days on website
22.63 acres lot