CA > Lakeport
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
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Edwin & Miguel Alvarado

Edwin & Miguel Alvarado

+1(707) 738-5803
Listed by Tom Larson • Luxe Places International Realty
$ 3,750,000
Est. payment | /mo

2 Beds

2 Baths

2,000 SqFt

Save
$ 3,750,000
Est. payment | /mo
Save

2 Beds

2 Baths

2,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,875

MLS Listing ID 324065895

Bedrooms 2

Full Baths 2

HOA Y/N No

Lot Size 45.570 Acres

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.

Location

State CA

County Lake

Community No

Area Lake County

Rooms

Kitchen Tile Counter

Interior

Heating Central

Cooling Central

Fireplaces Number 1

Fireplaces Type Other

Laundry In Garage

Exterior

Garage Attached, Garage Facing Front

Fence Fenced, Full, Partial

Utilities Available Electric

Building

Story 1

Sewer Engineered Septic

Water Well

Architectural Style Craftsman

Level or Stories 1

Others

Senior Community No

Special Listing Condition Offer As Is

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+1(707) 738-5803

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1545 N Texas St, Fairfield, CA, 94533, USA

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4635 Renfro DR