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.

zoning

Zoning Code AG (Agricultural)
  • Listing ID: 29301521

  • Date on Market: 2023-08-17

  • Last Updated:

  • Address: 370 Hemi Rd, Arroyo Grande, CA 93420