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Sold on 05/23/2018
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29291 Avenue 8, Madera, CA 93637

$1,600,000

Last sold 05/23/2018 after 117 Days

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    bed

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House not for sale

About 29291 Avenue 8

Property type House
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 56.85 Acre
Rental estimate
Property description
Incredible investment opportunity for multiple sources of income on one property! Located in a prime agricultural area, this property is over 56 acres in total (per tax records) & is currently planted w/ a producing Certified Organic Thompson Vineyard, per seller. Both irrigation & domestic well are currently functioning, in addition to the property being located in MID, btv if important. Along w/ the vineyard is a beautiful 3,400+ sq ft Mediterranean style 5 bd/3 ba home w/ a large kitchen, living rm, master bdrm & garage area. There's also a large duplex w/ a private gated entrance, completely renovated 5 years ago. The shop is 40x80 with large 10x14 roll up doors. Current rent income for the home, duplex, and shop is over $4,000 per month, plus seller receives annual income from the vineyards year to year lease. For copies of the production records or further information, please contact the listing agent. Property to be sold in current condition, w/no upgrades made by seller.
Listed by
Listing Agent - Brent Sarabian
Listing Office - London Properties, Ltd.
Source: Fresno MLS mls logo
MLS#496639 • last updated 8 years ago
Movoto checked Fresno MLS for data 3 hours ago
Overview
Type Farm
SubType Farm
Status Sold
MLS # 496639
Lot Size (Acres) 56.85
Lot Size (Sqft) 2476386
Year Built 1925
Interior
Exterior
Lot Features Rural
Other Structures Residence, Rental House, Workshop
Amenities / Utilities
Water Source Well, District Water Avail
Location
Elementary School Parkwood
High School District Madera Unified
High School Madera
Middle School Thomas Jefferson
APN 48040005
Lot/ Land Details
Current Use Grapes
Rental est.: $1,992/month
Gross rent multiplier: 66.9
  • Jun 2026
    mls logo MLS # 218602737
  • Jun 3, 2026 Sold
    $1,600,000
  • May 2018
    mls logo MLS # 496639
  • May 23, 2018 Sold
    $1,600,000
  • Jan 26, 2018 Listed
    $1,699,850 (-2.9%)
  • May 2018
    Public Records
  • May 18, 2018 Sold
    $1,600,000 (-5.9%)
  • Nov 2017
    mls logo MLS # 493365
  • Nov 20, 2017 Listed
    $1,750,000
  • Oct 2017
    mls logo MLS # MC17006800
  • Oct 17, 2017 Listed
    —
  • Oct 5, 2017 Pending
    —
  • Jan 11, 2017 Listed
    $2,200,000
  • Jun 2017
    mls logo MLS # MC16750119
  • Jun 7, 2017 Price Change
    $1,750,000 (-12.5%)
  • Mar 7, 2017 Price Change
    $1,999,000 (-9.1%)
  • Nov 18, 2016 Listed
    $2,200,000 (+112.9%)
  • Dec 2005
    Public Records
  • Dec 16, 2005 Sold
    $1,033,500
  • Year Property taxes Tax assessment
  • 2024
    $17,074 +0.6%
    $1,087,652 +0.2%
  • 2023
    $16,969 +4.8%
    $1,085,491 +5.5%
  • 2022
    $16,192 -2.8%
    $1,028,914 -5.63%
  • 2021
    $16,655 +3.6%
    $1,090,261 +8.07%
  • 2020
    $16,071
    $1,008,892
  • 29291 Avenue 8
    $1.6M
  • 637
    —
  • 93637
    $469K +1% y/y
  • Madera
    $495K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
8120 Road 29 #12, Madera, CA 93637 $262,000 3/2 1,068 0.15
29412 Yates St, Madera, CA 93637 $231,000 2/2 1,536 0.21
29419 Avenue 8, Madera, CA 93637 $264,000 3/1 1,008 0.22
8292 Road 29 #12, Madera, CA 93637 $267,000 3/2 3,148 0.22
29444 Yates St, Madera, CA 93637 $338,000 3/2 1,092 0.23
29435 Avenue 8, Madera, CA 93637 $302,000 3/2 1,157 0.24
29450 Yates St, Madera, CA 93637 $209,000 2/1 1,036 0.25
29441 Avenue 8, Madera, CA 93637 $65,000 —/— 576 0.26

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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