4635 Renfro Drive,  Lakeport  (95453)

$3,750,000

2 bedrooms 2   2 bathrooms 2   2000 square feet 2,000
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PROPERTY DETAILS

Address: view address
Lakeport, CA 95453
Map Location
Features: Air Conditioning, Garage, Multi-level
Bedrooms:2Bathrooms:2 (full: 2)
Square Feet:2,000 sq.ft.Lot Size:1985029.0
Styles:CraftsmanFor Sale/Lease:For Sale
Status:ActiveProperty Type:Single Family Residence
County:LakeListing Number:324065895
Listed By:Luxe Places International Realty

PROPERTY DESCRIPTION

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.

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Interior

Features

Fireplace:Yes

Cooling & Heating

Cooling features:Central AirHeating features:Central
Heating:Yes

Exterior

Exterior and Lot

Style:Craftsman

Parking

Parking features:AttachedGarage spaces:2
Attached Garage:Yes

Property and Lot Details

Building Information

Stories:1

Lot

Lot Dimensions:1985029.0

Construction

Building Area total:2000.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Tom Larson of Luxe Places International Realty