Active
31819 Redwood Hwy
Cloverdale CA, 95425
$1,950,000
$2,110.39 per sqft
Active
3 Beds
1 Bath
924 sqft
Residential
Built in 1958
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. 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 $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.
324014765
MLSⓇ ID
March 6, 2024
Listed
September 13, 2024
Updated
Map
31819 Redwood Hwy
Cloverdale CA, 95425
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Laundry Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
22.63 Acres
Exterior Features
Secluded
Lot Features
Secluded
Architectual Style
Cottage
Roof
Composition
Sewer
Septic System
Other Property Details
Area Name
Cloverdale
Garage
No
Parking
No Garage
Parking Total
4
View
Yes
View Description
Mountains, Vineyard
County
Sonoma
Water Source
Well
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/4/2024 | Price change | $1,950,000 -8% |
7/31/2024 | Price change | $2,100,000 -5% |
7/21/2024 | Active | — |
7/8/2024 | Under contract | — |
6/19/2024 | Price change | $2,200,000 -8% |
Listed by Tom Larson (01057428) with Luxe Places International Realty
Listing Contact:
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