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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 FEATURES
Kitchen Features: Tile Counters
Rooms information : Family Room,Kitchen,Living Room
Electric: 220 Volts in Laundry
Sewer: Engineered Septic
Water Source: Well
Attached Garage : Yes
# of Garage Spaces: 2.00
# of Parking Spaces: 2.00
Lot Features: Level
Parcel Identification Number: 008036320000
Cooling: Has Cooling
Heating: Has Heating
Heating Type: Central
Cooling Type: Central Air
Bathroom Features: Double sinks in bath(s)
Year Built Source: Other
Fireplace Features : Living Room
Common Walls: No Common Walls
Laundry Features: In Garage
Laundry: Has Laundry
Zoning: APZ
MLSAreaMajor: LCLPS - Lakeport South
Other Structures: Barn(s),Shed(s)
PROPERTY DETAILS
Street Address: 4635 Renfro Drive
City: Lakeport
State: California
Postal Code: 95453
County: Lake
MLS Number: LC24175757
Year Built: 1952
Courtesy of Luxe Places International Realty
City: Lakeport
State: California
Postal Code: 95453
County: Lake
MLS Number: LC24175757
Year Built: 1952
Courtesy of Luxe Places International Realty
Courtesy of Lakeside Properties 1