Land with Home for Sale in Calistoga, California

Nestled in the prestigious Knights Valley AVA, Bellisimo Vineyard Estate spans approx. 154 +/- acres across two legal parcels at 8320 and 8322 Franz Valley. This extraordinary property offers a rare combination of natural beauty, tranquility, a 30.5 +/- acre vineyard and rental income-generating potential projected at more than $500,000 from multiple homes and a stunning estate compound. With its unique multi-dwelling layout, the 6,214 +/- sq ft estate compound is ideally suited as a family retreat, corporate getaway, premium rental property, or a versatile blend of all three. Four additional residences totaling 7,088 sq ft offer further rental or employee housing potential. 36.1 +/- acres of unplanted gentle , soil rich open terrain that was previously planted to grapes, are perfect for horses, olives, and other crops or recreational activities. Designed by architect Sandy Walker and designer Erin Martin, the 8-bedroom estate features a tennis/pickleball court, pool house, Monte Alpi BBQ, fire pit, and a 50' infinity-edge pool with panoramic views. Additional highlights include two high-producing wells, a scenic reservoir for irrigation and frost protection, a large barn, and ample event parking, making this a versatile and income-rich offering in wine country.