4635 Renfro DR Active Save Request In-Person Tour Request Virtual Tour
Lakeport,CA 95453
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
Acres 45.57
Property Sub-Type Single Family Residence
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 Family Room,Kitchen,Living Room
Master Bathroom 2
Main Level Bedrooms 2
Kitchen Tile Counters
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 2.0
Pool None
Community Features Lake
Utilities Available Electricity Connected
View Y/N Yes
View Vineyard
Private Pool No
Building
Lot Description Level
Dwelling Type House
Story 1
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
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Tom Larson
SHOW CONTACT PH (707) 433-8000
SHOW INSTRUCTIONS Appointment Only