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.
Property Type
ResidentialSubdivision
FallbrookCounty
LakeStyle
ResidentialAD ID
46729178
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 2
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Water/Sewer
- Water Source : Well
- Sewer : Engineered Septic
Interior Features
- Fireplace: Living Room
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1952
Pool Features
- None
Laundry Features
- In Garage
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 45.57
- Lot Size Source: Assessor
- Lot Size Square Feet: 1985029
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Listing Information
Listing Price Information
- Original List Price: 3,750,000
- Listing Contract Date: 2024-07-31
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 008036320000
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LCLPS - Lakeport South
- Postal Code Plus 4: 8754
- Directions: Highway 29 north on the Renfro Drive, property is on the west hand side
- Zoning: APZ
- Source Property Type: Residential
- Area: LCLPS - Lakeport South
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 72
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Other
- Total Square Feet Living: 2000
- Entry Level: 1
- Entry Location: Renfro Dr
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: House
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BuyOwner last updated this listing 11/23/2024 @ 10:18
- MLS: LC24175757
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 2 bedrooms which is for sale, it has 2,000 sqft, 1,985,029 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lakeport , in zip code 95453, this Lake County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.