- 2 Beds
- 2 Baths
- 2,000 Sqft
- 45.57 Acres
4635 Renfro Drive
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.
Essential Information
- MLS® #LC24175757
- Price$3,750,000
- Bedrooms2
- Bathrooms2.00
- Full Baths2
- Square Footage2,000
- Acres45.57
- Year Built1952
- TypeResidential
- Sub-TypeDetached
- StatusACTIVE
Community Information
- Address4635 Renfro Drive
- AreaLAKEPORT (95453)
- CityLakeport
- CountyLake
- StateCA
- Zip Code95453
Amenities
- ParkingGarage
- # of Garages2
- ViewVineyard
- PoolN/K
Interior
- HeatingForced Air Unit
- CoolingCentral Forced Air
- FireplaceYes
- FireplacesFP in Living Room
- # of Stories1
Additional Information
- Date ListedJuly 31st, 2024
- Days on Market30
- ZoningAPZ
Listing Details
Office
Luxe Places International Realty
Luxe Places International Realty.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.
Listing information last updated on November 26th, 2024 at 4:30pm PST.