ActiveResidential · sale

743 Luds Way

Oroville, CA 95965

$808,000

  • 2 baths
  • 2,400 sq ft
  • 11.12 acres
  • Built 2024

Listed by Susan Smith, Broker · MLS #SN26080338

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2024.

Property size

11.12 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This 1112 acre property in a neighborhood of custom homes has unlimited potential Current winerytasting room with lakeside views and direct hwy access Build your dream home with stunning views and eliminate your commute by operating this established local favorite winery Or convert the winery to your ideal barndominium and create your own homestead Sale includes vineyard business shares FFE and real property Price of current inventory to be negotiated LIVE VINE is a fully operational boutique winery offering a serene groundtobottle experience In addition to on site winery operations the tasting room serves a variety of food and has become known as one of the best pizza offerings around Positioned in a tranquil country setting it is the only winery in Oroville featuring lakeside views of the Thermalito Afterbay The newly completed 2024 tasting room is strategically located right off highways 162 99 providing easy access The winery grows Viognier Barbera Mourvedre and Chenin Blanc on site utilizes Syrah Grenache and Zin grapes grown locally and purchases other varietal grapes from a vineyard in Lodi Current production is approx 400 cases of wine annually ensuring high demand from a dedicated wine club Beyond traditional grape wines the winery also manufactures hard ciders meads agave seltzers and fortified wines The picturesque outdoor space is an ideal setting for date nights weddings birthdays graduations and anniversaries Recurring entertainment has fostered strong local engagement and repeat businessThe facilities encompass a 2400sf building with a commercial prep kitchen two ADA bathrooms a productionbarrel room a tasting room with 3 walls of windows overlooking the lake and a custom redwood wrap around bar The winery sits on 1112 acres and is located in a USDA eligible lending area allowing plenty of room to expand andor diversify The RR5 zoning is designed to balance residential life with small farmsteads and rural activities offering significant flexibility for future development beyond its current use as a boutique winery Buyer to verify with county but RR5 zoning may allow for two homes two ADUs and accessory buildings with subdivision in addition to crop cultivation livestockequestrian uses or additional agri product salesPotential uses believed to be accurate but should be verified by buyer Buyer to confirmconduct own investigations Seller is a licensed RE broker

THE NEIGHBORHOOD

Explore the location.

743 Luds Way, Oroville, CA 95965

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2024
Half baths
2
Garage spaces
0
Cooling
Ductless,HeatPump
Heating
Ductless,HeatPump
Flooring
Concrete,Tile
Utilities
ElectricityConnected
Fencing
BarbedWire
Accessibility
GrabBars,NoStairs,AccessibleEntrance
Pool
No
Pool features
None
Spa
No
Zoning
RR-5
Parcel
030250052000
HOA amenities
Other
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,366.67
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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743 Luds Way, Oroville, CA 95965 · MLS #SN26080338

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Listing information

MLS #SN26080338 · California Regional MLS

Listing brokerage: Susan Smith, Broker
Listing agent: Susan Smith

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.