$ 5,495,000
370 Hemi RD Arroyo Grande, CA 93420
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$ 5,495,000
Est. payment | /mo
103 Acres Lot
$ 5,495,000
Est. payment | /mo
103 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI23152050
HOA Y/N No
Lot Size 103.000 Acres
Property Description
Rare opportunity to purchase a turn key Central Coast citrus and avocado ranch in the Dana Foothills just south of Arroyo Grande. The unique Banana Belt climate has historically not required frost protection saving both time and money. Lot's of water, well was last tested at over 800 GPM and is powered by a diesel motor installed in 2022. This amazing property has been completely transformed by current ownership. 27 acres of new lemons were planted in 2020. The mature lemon and avocado trees have previously been heavily pruned. The roads, irrigation system and shop are all in tip top shape. There is a also a 5000 sf +/- metal shop with concrete floors. The guest quarters was completely remodeled in in August of 2020. The property features two potential homesites, one with views of Avila Bay with power and water nearby.
Location
State CA
County San Luis Obispo
Area Ag-East Of Hwy 101
Zoning AG
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Electricity Connected, Water Connected
View Y/N Yes
View Mountain(s), Ocean, Vineyard
Building
Lot Description Agricultural, Orchard(s)
Sewer Septic Tank
Water Well
New Construction No
Others
Senior Community No
Tax ID 047311003
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by John Cole • Allan Real Estate Investments • john@allanrealestate.com