Active

31819 N Redwood Highway

Cloverdale CA, 95425

$1,950,000


$1.98 per sqft

Active

22.63 Acres

Land

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.

324013022

MLS ID

February 29, 2024

Listed

September 13, 2024

Updated

Map

31819 N Redwood Highway
Cloverdale CA, 95425

Exterior/Building Features

Lot Size

22.63 Acres


Exterior Features

Shape Regular


Lot Features

Shape Regular


Sewer

Septic Tank

Other Property Details

Area Name

Cloverdale


Garage

No


View

Yes


View Description

Mountains, Pasture, Vineyard


County

Sonoma


Water Source

Agricultural Well, Domestic Well Storage Tank, Domestic Well With Pump, Storage Tank


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:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jamie Spratling shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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