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$ 4,325,000
Est. payment /mo
Active
370 Hemi Arroyo Grande, CA 93420
107.31 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC26056166
Lot Size 107.310 Acres
Property Sub-Type Lots/Land
Property Description
The property consists of approximately 70 acres of producing agricultural land planted to a mix of avocado and lemon orchards. Approximately 9.8 acres are planted with mature avocados, 33 acres are planted with mature lemon trees, and about 27 acres are planted with lemons established in 2020. This diverse planting mix offers a balance of stable, current production from the mature orchards along with long-term upside potential from the younger lemon plantings as they continue to progress toward full maturity and higher yields. According to the owner, the orchards have not required wind machines since the initial planting, suggesting a favorable microclimate that may help reduce both operating expenses and future capital improvement costs. The property offers two potential home site locations with ocean views, including one site already equipped with water and power. A recently remodeled single-story residence provides modern comfort while preserving the charm and character of a rustic farmhouse aesthetic. In addition to the existing home, the property features multiple elevated building site opportunities showcasing sweeping ocean and valley views. A substantial 5,000 square foot shop building further enhances the functionality of the ranch and includes a working shower and bathroom. Altogether, this versatile offering is well-suited for buyers seeking both dependable agricultural income and exceptional residential lifestyle potential.
Location
State CA
County San Luis Obispo
Direction 101 N, R on Hemi Road
Interior
Fireplace No
Exterior
Utilities Available Electric, Propane
View Y/N No
Others
Senior Community No
Tax ID 047311003
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by James Stollberg, DRE#02282911 Rincon Corporation
Nearby Locations
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