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$3,750,000
2 Beds
2 Baths
2,000 SqFt
45.57 Acre Lot
1,985,029 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1952
Neighborhood
Days on Website 97

Property Map

$3,750,000 – 4635 Renfro Drive, Lakeport, CA 95453

Street View

Property listed by Luxe Places International Realty, Tom Larson {attribution_contact}

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.

Property Details and Features

Bathrooms

  • 2 main level bathrooms
  • 2 full bathrooms
  • 2 total bathrooms

Bedrooms

  • 2 main level bedrooms
  • 2 total bedrooms

Building

  • Built in 1952
  • Levels: One
  • Living area: 2000
  • 1 story
  • Common walls: NoCommonWalls

Community

  • Lake

Cooling

  • CentralAir

Fireplaces

  • LivingRoom

Garage

  • 2 spaces

Heating

  • Central

Laundry

  • InGarage

Listing

  • ListingID: LC24175757
  • Standard status: Active
  • 6 days on market

Location

  • Country: US

Lot

  • 45.57 acres
  • 1,985,029 square feet
  • Size: 1,985,029
  • Level

Parking

  • 2 totals parking
  • Garage

Pool

  • None

Possession

  • CloseOfEscrow

Property

  • Zoning: APZ
  • Vineyard

Sewer

  • EngineeredSeptic

Utilities

  • Volts220InLaundry
  • ElectricityConnected

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