Agricultural Land with Home for Sale in Lakeport, California

4635 Renfro Dr Lakeport, CA 95453

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$3,750,000
45.57 acres
Active sale agoEst $21,745/mo

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.

2,000
Sq feet
2
Beds
2
Full baths

Directions

Highway 29 north on the Renfro Drive, property is on the west hand side

Location

Street Address
4635 Renfro Dr
Elevation
1,355 feet
Coordinates
38.9871, -122.8602

Property details

MLS Number
BAREIS 324065895
Date Posted

Parcels

  • 008-036-320-000

This 45.57-acre property is located at 4635 Renfro Dr in Lakeport, CA 95453 with latitude 38.9871 and longitude -122.8602. The property is currently available for sale for $3,750,000. It has a 2,000 sq ft 2 bedroom, 2 bath house. Listing data is sourced from Bay Area Real Estate Information Services # 324065895.

Verify sale details at the property source or contact Luxe Places International Realty at (707) 433-2000.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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