Land with Home for Sale in Cloverdale, California
31819 Redwood Hwy Cloverdale, CA 95425
This lucrative 18.5 +/- acre Cabernet Sauvignon and Zinfandel vineyard is nestled in the rich soils of the upper end of Alexander Valley AVA. Historically, there have been excellent tonnages and grape sales. Currently, the property has a 9% cap rate based on the 2023 harvest. Further, boost the income by renting the 3/1 home at a market rent of roughly $2,000 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.
Directions
From Healdsburg take Highway 101 North to Exit 522,Fort Bragg, Mendocino. Turn south onto Old Redwood Highway, subject entrance is on the right or, east side of the road across from the lumber yard.
Property details
- County
- Sonoma County
- Community
- Cloverdale
- Elevation
- 325 feet
- MLS Number
- BAREIS 324014765
- Date Posted
Parcels
- 115-150-025-000
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Detached
Lot
- Views
- Mountain
Structure
- Stories
- 1
- Materials
- Wood
- Roof
- Composition Shingle
Exterior
- Parking Spots
- 4
Interior
- Rooms
- Bedroom x 3, Full Bath
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 18, 2024 | Price drop | $2,200,000 | $180,000 -7.6% | BAREIS |
| Apr 24, 2024 | New listing | $2,380,000 | — | BAREIS |