$2,200,000
Active Under Contract

31819 N Redwood Hwy

31819 N Redwood Hwy, Cloverdale, CA 95425

$2,200,000

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1 full bath
924 Sq.Ft.
1958 BUILT
22.63 Acres LOT
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.

Area & Lot

Status
Active Under Contract
Living Space
924 Sq.Ft.
Lot Size
22.63 Acres
MLS® ID
324013949
Type
Other
Year Built
1958
Architecture Styles
Cottage
View Description
Mountains, Vineyard

Interior

Total Bathrooms
1
Full Bathroom
1
Laundry Room
Other

Exterior

Water Source
Well
Utilities
Electric
Lot Features
Shape Irregular
Parking
Off Street
Heat Type
Other
Air Conditioning
Other
Sewer
Septic System
Other Exterior Features
Yard Space, Shape Irregular

Financial

Sales Price
$2,200,000

Property Images

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