#202401771, Veronica G Coronado, Listing Office: New Generation Real Estate Group
Property details
About 31501 Old Redwood Hwy
Owner may carry this lucrative 18.5 +/- acre Cabernet Sauvignon and Zinfandel vineyard nestled in the rich soils of the upper end of Alexander Valley AVA. Historically, there have been excellent tonnages and grape sales. The property has roughly a 10 cap rate based on the 2024 harvest and grape contracts. Further, boost the income by renting the 3/1 home at a market rent of roughly $1,600 monthly. Not to mention reduced taxes from the Williamson Act contract. This vineyard is a prime investment with diverse possibilities, from continuing as a high-yield vineyard to developing into a prestigious winery or a private estate with an active vineyard. The combination of robust income potential, tax advantages, and scenic beauty makes this property rare in Alexander Valley AVA.
Highlights
(Contingent - Show)
Summary
- MLS Number: 325011625
- MLS Name: BAREIS MLS
- Office Name: Luxe Places International Realty
- Office Email: tom@luxeplaces.com
- Listing Agent: Tom Larson, Paul Walia Paul Walia
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Last updated on: 3/15/2025, 12:23:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,750,000
31501 Old Redwood Hwy
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Price information
Property sales
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Tax history
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Nearby schools
3
Jefferson Elementary School
Public District KG-4
1.0 mi
•315 North St
5
Geyserville Elementary School
Public District KG-5
9.7 mi
•21485 Geyserville Ave
3
Kelseyville Elementary School
Public District KG-5
14.7 mi
•5065 Konocti Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,208. The majority of Cloverdale, CA residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 31501 Old Redwood Hwy
This home is located at 31501 Old Redwood Hwy in Cloverdale, CA and zip code 95425. Features: 0 bathroom. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $1,750,000.
Cloverdale, CA housing market in February 2025 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 0 sold below. In February 2025 in Cloverdale, CA there were 51.9% more homes for sale than in January.