CA > Lakeport
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
Lakeport, CA 95453,4635 Renfro DR
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Joel Martinez

Joel Martinez

+1(831) 230-0059
$3,750,000
Est. payment /mo
2 Beds
2 Baths
2,000 SqFt
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UPDATED:

08/29/2024 02:03 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,875

MLS Listing ID CRLC24175757

Bedrooms 2

Full Baths 2

Originating Board California Regional MLS

Year Built 1952

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

Area Lclps - Lakeport South

Zoning APZ

Rooms

Family Room Other

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type Living Room

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 2.0

Pool None

View Vineyard

Building

Lot Description Grade - Level

Story One Story

Sewer Septic Engineered

Water Well

Others

Tax ID 008036320000

Special Listing Condition Not Applicable

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Listed by Tom Larson • Luxe Places International Realty

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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