31819 N Redwood Highway Cloverdale CA 95425 MLS #324013022

31819 N Redwood Highway
Cloverdale, CA, 95425
$1,800,000
Beds
0 Baths
SqFt
22.63 Acres
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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. The property has roughly a 10% cap rate based on the 2024 harvest and contracts in place for 2025. 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.
Listing courtesy of Tom Larson at Luxe Places International Realty

Property Details

Price:
$1,800,000
MLS #:
324013022
Status:
Active
Baths:
0
Address:
31819 N Redwood Highway
Type:
Land
Subtype:
Agriculture
Neighborhood:
cloverdale
City:
Cloverdale
State:
CA
ZIP:
95425
Lot Size:
985,763 sqft / 22.63 acres (approx)
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