$5,495,000
Active MLS # PI23152050 | Listed by John Cole with Allan Real Estate Investments
Active MLS # PI23152050 | Listed by John Cole with Allan Real Estate Investments
370 Hemi Road is a $5,495,000 property on a 103.00 acre lot located in Arroyo Grande, CA.
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. Water is provided by a high production ag well, powered by a new 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 ranch will benefit from these prior improvements with 2023 being the first year of full production. 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.
Exterior Features | Private Maintained Road Unimproved Standard Electricity Connected Water Connected Community Features - Rural |
Views | Mountains Ocean Vineyard View - Yes |
Land Type | Agricultural Orchards |
Water Source | Well |
Sewer | Septic Tank |
Attribution Contact | john@allanrealestate.com |
Financial Terms | 1031 Exchange Cash financialterm335 |
Property Type | Land |
Property Sub Type | None |
Style | Full Service |
HOA Fee | $0.00 |
Taxes | $0.00 |
County | san luis obispo |
Elementary School | |
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