About 31819 N Redwood Highway None
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.
Features of 31819 N Redwood Highway None
| MLS® # | 324013022 |
|---|---|
| Price | $1,800,000 |
| Square Footage | 985,763 |
| Acres | 22.63 |
| Type | Land |
| Status | Active |
Community Information
| Address | 31819 N Redwood Highway None |
|---|---|
| Area | Cloverdale |
| City | Cloverdale |
| County | Sonoma |
| State | CA |
| Zip Code | 95425 |
Amenities
| Utilities | Phone Connected, Propane Tank Leased |
|---|
Exterior
| Lot Description | Shape Regular |
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