$1,600,000
$2,500,000
36.0%For more information regarding the value of a property, please contact us for a free consultation.
10.1 Acres Lot
SOLD DATE : 03/29/2024
Key Details
Sold Price $1,600,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41039883
Sold Date 03/29/24
HOA Y/N No
Lot Size 10.098 Acres
Property Description
Napa Valley Unified School District ( The District) is now actively soliciting proposals for the purchase of this former school with an array of existing structures, infrastructure and 3-acres of existing vines. The property is over 10-acres, which is significant because it should allow for micro-wineries as permitted within the Agricultural Preserve (AP) and Agricultural Watershed (AW) zones. For additional information see: https://www.dpf-law.com/blogs/lex-vini/napa-county-micro-winery-ordinance-goes-into-effect-may-5-2022/ The vines are being cared for and garnering approximately $35,000 in annual revenues (which at 6.5% is equivalent to approximately $500,000 in loan capacity). Other Permitted Uses include, but are not limited to; One single-family dwelling unit A second unit, either attached to or detached from an existing legal residential dwelling unit One guest cottage Other information can be obtained from the County
Location
State CA
County Napa
Zoning AG
Interior
Fireplace No
Building
Lot Description Street Level
Sewer Septic Tank
Others
Tax ID 047182011000
Financing Conventional
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Bought with Compass