Listing provided courtesy of John Cole of Allan Real Estate Investments. Last updated 2024-02-16 10:17:26.000000. Listing information © 2022 Sandicor.
Asking Price: $5,495,000
370 Hemi, Arroyo Grande CA 93420
Community:
This Lots/Land property was built in and is priced at $5,495,000. Please see the additional details below.
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.
