4635 Renfro Drive, Lakeport, CA 95453 - Berkshire Hathaway HomeServices California Properties
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4635 Renfro Drive, Lakeport, CA 95453

$3,750,000 Approx. USD 2 beds, 2 baths
2,000 sqft
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Listing Agent


Tom Larson | tom@luxeplaces.com
Lic#: 01057428
Broker: Courtesy of Luxe Places International Realty

Agent Remarks

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 Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# LC24175757
Price: $3,750,000
HOA Fee is $0.00
Beds: 2
Baths: 2 (2 full)
Living Room fireplaces
Built in 1952
2,000 sqft
1 story
45.57 acres
Lot size: 45.5700
County: Lake
Zoning: APZ
Parking description: Garage
Lot description: Level
Heating/cooling: Central Air
Heating description: Central
MLS area: LCLPS - Lakeport South

Last Updated: 12/8/2024

 Days On Market (DOM): 259

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This listing belongs to the LCLPS - Lakeport South MLS area

Lat/Long: 38.987941, -122.857147.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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