31819 North Redwood Highway
$1,800,000
985,762 / 22.63
Description
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...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.
- Listed by Tom Larson • DRE #01057428 • Brokerage DRE #01522223 • Luxe Places International Realty
- Listed by Paul Walia • DRE #02056131 • Brokerage DRE #01522223 • Luxe Places International Realty
Property Details for 31819 North Redwood Highway
Zoning Description
Agricultural, Farm/Ranch, Vineyard
View DescriptionMountains, Pasture, Vineyard
Cross StreetHighway 128
LISTING UPDATED: 10/18/2024 03:40 PM
Property Details for 31819 North Redwood Highway
Status | Active |
---|---|
MLS # | 324013022 |
Days on Compass | 268 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Agriculture |
Year Built | - |
Lot Size | 22.63 AC |
County | Sonoma County |
Building Information for 31819 North Redwood Highway
Lot Size22.63 AC
Property Information for 31819 North Redwood Highway
Property History for 31819 North Redwood Highway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 31819 North Redwood Highway
This home is within Cloverdale Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Jefferson Elementary School PublicK to 4 | ||
Washington School Public5 to 8 | ||
Cloverdale High School Public9 to 12 | ||
Online Academy - Sonoma County Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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