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31819 N Redwood Highway, Cloverdale, CA 95425

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For Sale

$2,200,000

924 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $2,380.95
    Price per square foot

  • Over 50 Years Old
    Age

  • Hot Tub Spa
    Amenities

Explore this Property

This lucrative 18.5 +/- acre Cabernet Sauvignon and Zinfandel vineyard is 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 $2,000 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.
MLS# 324013949

Courtesy Of Full Spectrum Properties, Inc., Listed By Tom Larson

(707) 433-2000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, Hot Tub Spa
  • Architecture Style
    Other
  • Lot Size
    22.63 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 31819 N Redwood Highway, Cloverdale, CA 95425

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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