Bought with Rob Ishihara • Country Air Properties
$1,575,000
$1,800,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
7314 Adobe Creek RD Kelseyville, CA 95451
2 Beds
1 Bath
1,650 SqFt
Key Details
Sold Price $1,575,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $954
MLS Listing ID 21920046
Sold Date 02/20/20
Bedrooms 2
Full Baths 1
HOA Y/N No
Property Description
This ranch located in the Big Valley AVA of Lake County is set up for production. With 22 acres 3rd leaf and planted high density 8'x3' on a VSP trellis, early estimates are 9 tons per acre by year 5. There are an additional 12 acres with planting age 2000, on 8'x6' spacing. The water resources on the ranch are supported by agricultural wells and an off-stream reservoir and pumping station. Structural improvements to the ranch include a comfortable 2 bedroom residence and shop, full RV hookup plus storage and outbuildings. With a proforma cap rate of 9-21%+ investors should be more than excited about the return on investment this vineyard opportunity has to offer.
Location
State CA
County Lake
Community No
Area Lake County
Zoning A
Interior
Heating Other
Cooling Other
Laundry Hookups Only
Exterior
Utilities Available Electric, Cable Available, Propane
View Hills, Vineyard
Building
Story 1
Sewer Septic Connected
Water Well
Architectural Style Craftsman, Farmhouse
Level or Stories 1
Others
Senior Community No
Special Listing Condition Offer As Is
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