Homes for sale - 4635 Renfro DR, Lakeport, CA 95453

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Escrow Joe

escrowjoe@gmail.com +1(909) 557-3802

$ 3,750,000

Est. payment | -/mo

2 Beds

2 Baths

2,000 SqFt

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$ 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 LC24175757

Bedrooms 2

Full Baths 2

HOA Y/N No

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

Other Rooms Barn(s), Shed(s)

Main Level Bedrooms 2

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Lake

Utilities Available Electricity Connected

View Y/N Yes

View Vineyard

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Level

Dwelling Type House

Story 1

Entry Level One

Sewer Engineered Septic

Water Well

Level or Stories One

Additional Building Barn(s), Shed(s)

New Construction No

Schools

School District Kelseyville Unified

Others

Senior Community No

Tax ID 008036320000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Tom Larson • Luxe Places International Realty • 707-433-8000

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Escrow Joe

Realtor® | Lic# 01332311

escrowjoe@gmail.com

+1(909) 557-3802

611 West Redlands Blvd Suite C, Redlands, CA, 92373

4635 Renfro DR Lakeport, CA 95453

Escrow Joe

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4635 Renfro DR