31819 N Redwood Highway None, Cloverdale, CA

$2,200,000

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985,763

Square feet

22.63

Acres

About 31819 N Redwood Highway None

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.

Features of 31819 N Redwood Highway None

MLS® # 324013022
Price $2,200,000
Square Footage 985,763
Acres 22.63
Type Land
Status Contingent - Show

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

Listing Map

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Listing courtesy of Tom Larson of Luxe Places International Realty

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Listing information last updated on July 14th, 2024 at 11:46pm CDT.