370 Hemi Rd - Arroyo Grande Lemon Ranch
104.13 Acres of Agricultural Land Offered at $7,908,899 CAD in Arroyo Grande, CA 93420
Investment Highlights
- The property features two potential homesites, one with views of Avila Bay with power and water nearby.
Executive Summary
The unique Banana Belt climate has historically not required frost protection saving both time and money. Water is provided by a high production as 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.
Property Facts
Price | $7,908,899 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Agricultural |
Total Lot Size | 104.13 AC |
1 Lot Available
Lot
Price | $7,908,899 CAD |
Price Per AC | $75,952.16 CAD |
Lot Size | 104.13 AC |
Rare opportunity to purchase a turn key Central Coast citrus and avocado ranch in the Dana Foothills just south of Arroyo Grande.
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zoning
Zoning Code | AG (Agricultural) |