$1,250,000
$1,400,000
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47.71 Acres Lot
SOLD DATE : 07/08/2024
Key Details
Sold Price $1,250,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2402271
Sold Date 07/08/24
HOA Y/N No
Lot Size 47.710 Acres
Property Description
Welcome to this incredible 47-acre property, where 28 acres are dedicated to a meticulously managed Hass avocado grove, featuring 2,630 trees, 300 of which are still maturing. In addition to the grove, the property boasts a seasonal creek and a beautiful site that may work for your dream home. The grove has seen significant growth, increasing from 145,000 lbs harvested when purchased in 2019 to nearly 275,000 lbs in 2023, with approximately 25% more room for expansion based on the current tree count. There are additional acres available for planting, should a new owner wish to expand, including 5 acres with space for an additional 800 trees which is pre-approved for RCWD/District's CropSWAP program (for more information, see https://www.ranchowater.com/297/CropSWAP). A 3 inch water meter and a well are on the property. The property is nearly fully fenced, with five gates, four of which are accessible from Carancho Rd. Well-maintained dirt roads facilitate easy harvesting, and a 3-phase electric meter is already installed. The property also features four 10,000-gallon holding tanks for the well. The A-1-10 zoning offers flexibility for building an expansive estate home with sweeping valley views, or the potential to split the property into four 10+ acre homesites. Plus, no HOA!
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning A-1-10
Interior
Fireplace No
Exterior
Community Features Biking, Foothills, Hiking, Horse Trails, Mountainous, Rural
View Y/N Yes
View Hills, Orchard, Valley, Trees/Woods
Building
Lot Description Agricultural, Orchard(s)
Water Agricultural Well
Others
Senior Community No
Tax ID 933090011
Acceptable Financing Cash, Cash to New Loan, USDA Loan
Horse Feature Riding Trail
Listing Terms Cash, Cash to New Loan, USDA Loan
Special Listing Condition Standard
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Bought with John Risso • Sigma Realty