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Tom Larson · Luxe Places International Realty

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Buy a houseat 4635 Renfro Drive, Lakeport, CA 95453

$3,750,000

$0/mo

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Residential

2,000 Sq. Ft.

45.57 Acres lot

2 Bedrooms

2 Bathrooms

94 Days on market

LC24175757 MLS ID

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About 4635 Renfro Drive house

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.
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 details

Common walls

No Common Walls

Community features

Lake

Cooling

Central Air

Electric

220 Volts in Laundry

Fireplace features

Living Room

Heating

Central

Laundry features

In Garage

Levels

One

Lot features

Level

Other structures

Barn(s)

Shed(s)

Parking features

Garage

Attached

Pool features

None

Possession

Close Of Escrow

Sewer

Septic Tank

Engineered Septic

Showing contact type

Agent

Special listing conditions

Standard

Structure type

House

Utilities

Electricity Connected

View

Vineyard

Monthly cost

Estimated monthly cost

$23,897/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jun 5, 2017

Price

$649,000

DatePrice
Jun 5, 2017$649,000

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$3,525,000

+$112,500

$3,637,500

Seller agent commission$112,500 (3%)*

$0 (0%)

Buyer agent commission$112,500 (3%)*

$112,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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State

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Unreal Estate checked: Sep 10, 2024 at 1:31 p.m.

Data updated: Aug 29, 2024 at 3:25 p.m.

Property listed by Luxe Places International Realty, Tom Larson 707-433-8000
Based on information from California Regional Multiple Listing Service, Inc. as of 08/29/2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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