$3,750,000
For Sale

4635 Renfro Dr

4635 Renfro Dr, Lakeport, CA 95453

$3,750,000

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2 beds
2 full baths
2,000 Sq.Ft.
45.57 Acres LOT
This 31-acre vineyard in the Big Valley District AVA of Lake County is a cash cow with a projected cap rate of over 12% for 2024. The vineyard was planted with premium Sauvignon Blanc in 2018 and 2019, and it boasts impressive yields of 350 tons in 2023, over 11 tons per acre. 2024 is set to surpass last year's performance with projections close to 12-13 tons per acre. With this year's current grape contracts and expected yield, the vineyard is set to gross annual income over $620,000, making it a highly lucrative investment. Enrolled in the California Certified Sustainable Vineyard program, the vineyard practices environmentally friendly and sustainable farming. The estate is well-equipped with two agricultural wells, ensuring efficient irrigation throughout the growing season. Also, it includes a comfortable 2,000 sq ft primary home, ideal for additional income or on-site living, along with a large agricultural barn and horse riding arena. With young vines, a trending varietal, and high yields, this property offers an unbeatable combination for agricultural cash flow in the North Coast.

Area & Lot

Status
For Sale
Living Space
2,000 Sq.Ft.
Lot Size
45.57 Acres
MLS® ID
324065895
Type
Residential
Architecture Styles
Craftsman

Interior

Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Laundry Room
In Garage
Fireplace
Other

Exterior

Stories
1
Garage Space
2.0
Water Source
Well
Utilities
Electric
Lot Features
Other
Parking
Attached, Garage Facing Front
Heat Type
Central
Air Conditioning
Central
Sewer
Engineered Septic
Other Exterior Features
Other

Financial

Sales Price
$3,750,000

Property Images

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Kellie Larson and supporting team will guide you through ​​​​​​​the process of selling or buying in the wine country. As long-term wine country residents with professional knowledge, they will make your experience pleasant and seamless.