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:
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