31819 Redwood Highway
Cloverdale, CA, 95425
$1,950,000
3 Beds
1 Baths
924 SqFt
22.63 Acres
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. 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 $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.
Property Details
Price:
$1,950,000
MLS #:
324014765
Status:
Active
Beds:
3
Baths:
1
Address:
31819 Redwood Highway
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
cloverdale
City:
Cloverdale
State:
CA
Finished Sq Ft:
924
ZIP:
95425
Lot Size:
985,763 sqft / 22.63 acres (approx)
Year Built:
1958
Days on Market:
186
List Date:
Mar 6, 2024
Interior
Cooling
Other
Full Bathrooms
1
Heating
Other
Laundry Features
Other
Levels
One
Exterior
Construction
Wood
Fencing
Barbed Wire, Partial
Lot Features
Secluded
Parking Features
No Garage
Pool
No
R E S I V I E W
Mountains, Vineyard
Roof
Composition
Spa
No
Stories
1
Financial
H O A
No
Map
All map details are google-generated and can contain errors. Lot lines and building locations are fuzzy. See Official plat maps for more accurate information.
Community
- Address31819 Redwood Highway Cloverdale CA
- AreaCloverdale
- CityCloverdale
- CountySonoma
- Zip Code95425
Similar Listings Nearby
- 1625 171 W Cherry Creek Road
Cloverdale, CA$1,690,000
1.73 miles away
- 26840 Willow Terrace
Cloverdale, CA$1,675,000
3.00 miles away
Copyright 2024, Bay Area Real Estate Information Services, Inc. All Rights Reserved. Listing courtesy of Tom Larson at Luxe Places International Realty
31819 Redwood Highway
Cloverdale, CA
LIGHTBOX-IMAGES