CA > Lakeport
Lakeport, CA 95453,4635 Renfro Drive
Lakeport, CA 95453,4635 Renfro Drive
Lakeport, CA 95453,4635 Renfro Drive
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$3,750,000
Est. payment /mo
2 Beds
2 Baths
2,000 SqFt
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UPDATED:

08/29/2024 02:37 PM

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 CRLC24175757

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1952

Lot Size 45.570 Acres

Acres 45.57

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 Listing

Zoning APZ

Interior

Interior Features Family Room, Tile Counters

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry 220 Volt Outlet, In Garage

Exterior

Garage Spaces 2.0

Pool None

View Y/N true

View Vineyard

Parking Type Attached, Other

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level

Story 1

Level or Stories One Story

New Construction No

Schools

School District Kelseyville Unified

Others

Tax ID 008036320000

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Bridge MLS
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tom Larson • Luxe Places International Realty

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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4635 Renfro Drive