4635 Renfro Drive
Lakeport, CA, 95453
$3,750,000
2 Beds
2 Baths
2,000 SqFt
45.57 Acres
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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.
LISTING AGENT: Tom Larson
LISTING BROKERAGE: Luxe Places International Realty
4635 Renfro Drive
Lakeport, CA

Property Details

Price:
$3,750,000
MLS #:
LC24175757
Status:
Active
Beds:
2
Baths:
2
Address:
4635 Renfro Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
lclpslakeportsouth
City:
Lakeport
Listed Date:
Jul 31, 2024
State:
CA
Finished Sq Ft:
2,000
ZIP:
95453
Lot Size:
1,985,029 sqft / 45.57 acres (approx)
Year Built:
1952
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Schools

Interior

Cooling
Central Air
Fireplace Features
Living Room
Heating
Central

Exterior

Community Features
Lake
Electric
220 Volts in Laundry
Garage Spaces
2.00
Lot Features
Level
Parking Features
Garage
Parking Spots
2.00
Pool Features
None
Sewer
Engineered Septic
Stories Total
1
View
Vineyard
Water Source
Well

Financial

Association Fee
0.00
Utilities
Electricity Connected

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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